Calculating Junk Silver!

So i'm a relatively new collector and I'm sure that there is an obvious answer- How do you calculate the spot value of each junk silver coin relative to the price per OZ?

 

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You could use the interwebs:

Coinflation (will tell you silver content depending on type including proof/mint sets)

I also sometimes use a coin dealer's website that posts buy/sell spreads for junk silver (as well as other bullion.) My bookmarked example is Scotsman Coins' "Trading Sheet" page in St. Louis.

 

Coinflation . com Just pick the right calculator and wa la!
http://www.coinflation.com/coin_calculators.html

 

Thank you but i'm the nerd, how do i calculate it, like with pencil and paper?

 

You’re the nerd. Research a couple of the above mentioned websites, and do the calculations

 

Alright thank you everyone!

 

You weigh the coin, divide by 31.1 (grams in a troy ounce), multiply by the silver purity .90 etc, then multiply by the spot price. Let's say $17 an ounce for silver.
So a quarter weighs 6.25 divided by 31.1= .2009646x.9= .1808681x 17.00=
3.0747577 or $3.07

 

Thank you

 

Multiply the spot price by .715
This will give you the $1.00 face value of junk silver.