Hey Guys, Yesterday I found several 1950's dimes in bank rolls and was wondering if in your opinion they are good to keep? Also I looked in my coin book to see how much silver content was in them, but to no avail. Thanks, SM
Hi stop motion Silver Roosevelt dimes are worth keeping they are 90% silver and 10% copper,, even the common dates are worth anywhere from three to six times face depending on the actual date and grade they could be worth quite a bit more. Rick
I figured something out, kinda cool. Hope I did the math right. It would take about 14 silver dimes to = 1 oz of silver. And 14 dimes = $1.40 if you get them at the bank and silver is about $7.00 an oz. So you could make about $4.60 in profit. Hope this makes sense. SM
It's a lot easier to just remember it this way - right now any silver US coin is worth about 5 times its face value. A dime = 50 cents, a quarter = $1.25, a half dollar = $2.50 - etc. That's about all there is to it.
Stop motion... yeah!! your math is right.. 14 dimes at a content of 0.0724 oz per coin gives you 1.0136 oz silver.. Congrats.
Well, my first post as a Coin Talk Newbie is a hearty thank you for telling me this...I love rules of thumb, and this is a doozy! It's so simple, and yet I guarantee you I never would've come up with it on my own!
As an FYI, KITCO pulishes live charts which track silver, gold and other metals. The silver charts are at http://www.kitco.com/charts/livesilver.html. At any given time, if you are looking to sell the dimes, you can mutliply the spot price of silver by .65 to .7, to give you an idea of what a local dealer may be willing to pay you for the coins. The exact amount you receive will depend on the dealer, the type of coins, the amount of coins, etc.
Clarification... Multiply the spot price by .65 to .7 to determine what a dealer may pay per $1 of face value for pre-1964 U.S. silver.
