Melt value of circulated US silver coinage — 90% dimes, quarters, halves and dollars, 40% halves and 35% war nickels — by coin count or face value.
$1 face value of pre-1965 90% silver US coins contains 0.7234 troy oz of silver and is worth $48.51 at melt as of 5:01 PM ET on September 22, 2026, or $47.95 on the dealer basis of 0.715 oz that allows for wear, with silver at $67.06 per troy ounce.
Enter coin counts or a face value to see the melt value. At today’s spot, $1 face of 90% coins is worth $47.95 on the dealer basis.
“Junk” just means the coins have no collector premium — their value is the silver in them. US dimes, quarters and half dollars dated 1964 and earlier are 90% silver; Kennedy halves from 1965–1970 are 40%; nickels from 1942–1945 with a large mint mark above Monticello are 35%. Morgan and Peace dollars are 90% but usually trade at a small premium to melt.
A fresh $1 face value of 90% coins contains 0.7234 troy oz of silver. Decades of circulation wear that down, so the trade prices bags at 0.715 oz per $1 face. Uncirculated rolls can fetch the full figure.
Melt value = number of coins × actual silver weight per coin (troy oz) × silver spot. Dealers price circulated 90% coins at 0.715 troy oz per $1 face value.
Prices are live spot from Metals.dev; dealer bid and ask from Texas Precious Metals; crypto from CoinGecko. Every figure on this page is timestamped and nothing is estimated when a feed is unavailable.
Dimes, quarters and half dollars dated 1964 and earlier, plus Morgan and Peace silver dollars (1878–1935). Kennedy halves from 1965–1970 are 40% silver and 1942–1945 “war nickels” with a large mint mark over Monticello are 35%.
A fresh dollar of 90% dimes, quarters or halves holds 0.7234 troy oz of silver. Because circulated coins are worn, dealers value bags at 0.715 troy oz per $1 face.
It is recognisable, divisible into small units, hard to counterfeit and usually carries a lower premium over spot than modern one-ounce coins.
All calculations use live market prices and are estimates. Actual dealer prices, premiums and refining charges vary. Nothing on this page is investment advice.