Posts Tagged ‘prices’

How To Calculate Silver Dollar Values And Other Junk Silver Coin Prices

Junk silver coins are old US coins that contain silver. Up until 1965, US coins were minted with a 90% silver content. They are a great way to invest in silver but you should know a little about the different coins before buying them. This information below should help you also calculate Silver Dollar Coin Values and other Junk Silver Prices

Junk Silver Coin    - Silver Content (ounces)
Dimes
Seated Liberty 1837-1852     0.07726
Seated Liberty 1853-1873     0.07205
Seated Liberty 1873-1891     0.07234
Barber Dime 1892-1916     0.07234
Mercury Dime 1916 to 1945    0.07234
Roosevelt Dime 1946-1964     0.07234

Quarters
Barber Quarters 1892-1916     0.18084
Standing Liberty Quarters 1916-1930    0.18084
Washington Quarters 1932-1964    0.18084

Half Dollars
Barber Half Dollar 1892-1915    0.36169
Walking Liberty Half 1916-1947    0.36169
Franklin Half Dollar 1948-1963    0.36169
Kennedy Half Dollar 1964     0.36169
Kennedy Half Dollar 1965-1969    0.14789

Silver Dollars
Trade Dollar 1873-1885    0.78761
Morgan Dollar 1878-1921    0.77343
Peace Dollar 1921-1935    0.77343

To calculate the value of each coin get the current silver price from the website linked below and then multiply that by the silver content in each coin. So for example if the Silver Price is then the value of a Morgan Silver Dollar is 16x0.77343=.37.

Remember that when you go and buy these coins the dealer may quote the price in terms of "face" (i.e. face values) in the above example he might quote you 12.3 times face. It is always handy to know the spot price of any coin before buying it so you know how much premium you are paying. For these kind of coins in small amounts it is not unreasonable to pay up to 20% and this premium will get less the more you buy.

The advantage of junk silver coins over buying one ounce silver rounds is that junk silver coins are lower denomination - they are smaller amounts of silver meaning 1) you can start investing in silver for much less (a silver dime will cost you under ) 2) for those people who see buying silver as a good hedge against financial collaspe. The low denomination of junk silver coins makes them an ideal bartering tool. Yes I am sure someone will give you a loaf of bread for your ounce of silver but it was a very expensive loaf!!!

Find More Franklin Half Dollars Articles

Gold coins prices vary very quickly. Today, in the time of economic slowdown, gold coins are the best investment for planning and having a safe future. The price of gold coin is increasing day by day and hence everyone has them in their mind for a safe and great future. Hence, people are investing in it.

If someone wants to buy a gold coin, then he/she must keep an eye on its pricing. There are a number of gold coins present in the market, including Chinese Pandas, American Eagles, South African Krugerrands, Sovereign (Australian and UK) and Canadian Maple Leafs and British Sovereigns. All these coins have different prices. The pricing of these coins depends on many factors. Some of very important factors include coin type, coin size, face value, coin weight, quality etc. All these factor effect the pricing of gold coins.

The pricing of gold coin depends on coin type. The size of the coin also affects the pricing of the gold coin. Larger the size of the coin, greater is the pricing. Face value is another factor that affects the price of a gold coin. Face value is what is printed on the face of the coin.

Quality is one of the most important factors if we are taking about gold coins. It greatly affects the pricing of the gold coin. It means how much quantity of gold is present in the coin, like if a gold coin contains more than 90% of gold, it is referred to as a pure gold coin. Pure gold coins are expensive and the prices are higher than other gold coins.

So if we are buying a gold coin, we have to keep all these factors in our mind so as to know the pricing of a coin that can fit in our budget. By analyzing all these factors like quality of the coin, amount of gold present in the coin, we can easily determine whether the price of the coin is worthy or not.

If we take a look on last year’s record, we find different pricing for different gold coins. In the last month of 2008 the pricing of some different Gold Coins are following:

American gold eagle - $ 907.55
British sovereign - $ 237.88
Canadian gold maple leaf - $ 951.21
These above prices are according to different weight of the coins. The variation in weight will provide variation in price for a same coin.

So, one must research about the coins conditions and all the factor mention above. A slight change can affect the pricing and value of the coin.

Gold Drops as Dollar’s Gain, Four-Week High Prices Spur Sales
April 6 (Bloomberg) -- Gold fell in London as a stronger dollar curbed demand for the metal as an alternative investment and prices at a four-week high prompted some investors to lock in gains. Platinum reached a 20-month high.

Read more on Bloomberg

Junk silver coins are old US coins that contain silver. Up until 1965, US coins were minted with a 90% silver content. They are a great way to invest in silver but you should know a little about the different coins before buying them. This information below should help you also calculate Silver Dollar Coin Values and other Junk Silver Prices

Junk Silver Coin    - Silver Content (ounces)
Dimes
Seated Liberty 1837-1852     0.07726
Seated Liberty 1853-1873     0.07205
Seated Liberty 1873-1891     0.07234
Barber Dime 1892-1916     0.07234
Mercury Dime 1916 to 1945    0.07234
Roosevelt Dime 1946-1964     0.07234

Quarters
Barber Quarters 1892-1916     0.18084
Standing Liberty Quarters 1916-1930    0.18084
Washington Quarters 1932-1964    0.18084

Half Dollars
Barber Half Dollar 1892-1915    0.36169
Walking Liberty Half 1916-1947    0.36169
Franklin Half Dollar 1948-1963    0.36169
Kennedy Half Dollar 1964     0.36169
Kennedy Half Dollar 1965-1969    0.14789

Silver Dollars
Trade Dollar 1873-1885    0.78761
Morgan Dollar 1878-1921    0.77343
Peace Dollar 1921-1935    0.77343

To calculate the value of each coin get the current silver price from the website linked below and then multiply that by the silver content in each coin. So for example if the Silver Price is $16 then the value of a Morgan Silver Dollar is 16x0.77343=$12.37.

Remember that when you go and buy these coins the dealer may quote the price in terms of "face" (i.e. face values) in the above example he might quote you 12.3 times face. It is always handy to know the spot price of any coin before buying it so you know how much premium you are paying. For these kind of coins in small amounts it is not unreasonable to pay up to 20% and this premium will get less the more you buy.

The advantage of junk silver coins over buying one ounce silver rounds is that junk silver coins are lower denomination - they are smaller amounts of silver meaning 1) you can start investing in silver for much less (a silver dime will cost you under $2) 2) for those people who see buying silver as a good hedge against financial collaspe. The low denomination of junk silver coins makes them an ideal bartering tool. Yes I am sure someone will give you a loaf of bread for your ounce of silver but it was a very expensive loaf!!!