Current spot price on silver?

Discussion in 'US Coins Forum' started by baileyl, Jan 28, 2005.

  1. baileyl

    baileyl Member

    I do not know if this the correct forum for this question. But, what is current spot on silver and how is melt price of a pre 64 roosevelt roll determined?
     
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  3. tradernick

    tradernick Coin Hoarder

    World markets are all closed for the weekend....sunday afternoon the asian market will open so a live spot price will be available then.
    Currently it's $6.77, according to kitco.com.
     
  4. satootoko

    satootoko Retired

    From 1873-64 the ASW (actual silver weight) of U.S. dimes was .07234 troy ounces of pure silver. With 50 coins to a roll, that makes 3.617 ounces per roll, or just under $24.50 at the Friday close. You can expect to receive 10% or so less, or pay 10% or so more, than the spot silver rate when selling to or buying from a jeweler, coin shop, or other dealer in bullion.
     
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