Silver · Bulk

$1 Face Junk Silver Melt Value

$1 of face value in US 90% silver coins (pre-1965 dimes, quarters and halves) contains about 0.715 troy ounces of silver at the circulated standard dealers use.

Live melt value — per $1 face
…
spot … ·
Face valueMelt value
$1—
$5—
$10—
$100—
$1,000—

Live spot via gold-api.com. Melt value = spot × 0.715 troy oz of fine metal.

Open the full calculator →

'Junk silver' or 'constitutional silver' means pre-1965 US dimes, quarters and half dollars valued for their silver rather than their date. Rather than weighing each coin, dealers price whole bags by face value using a fixed ratio: 0.715 troy ounces of pure silver per $1 of face value for circulated coins.

That is why a $1,000 face-value bag holds roughly 715 troy ounces of silver. The figure above shows the live melt value per $1 of face value; use the full calculator for exact coin-by-coin numbers.

Specifications

What countsPre-1965 US dimes, quarters, half dollars
Composition90% silver · 10% copper
Circulated standard0.715 troy oz per $1 face
Uncirculated mint weight0.7234 troy oz per $1 face
$1,000 face bag≈ 715 troy oz of silver

How the melt value is calculated

Melt value is the value of the metal in the coin, ignoring any collector premium:

melt = spot price per troy oz × weight in troy oz × purity

Where the fine-metal content is known, this simplifies to spot × 0.715 oz. The live figure at the top of this page applies that formula to the current spot price.

Illustrative melt values (per $1 face) at example spot prices — shown for reference only; the live figure above uses the real market price:

Example spotMelt value
$25.00$17.88
$35.00$25.02
$50.00$35.75

What affects what you actually get

Frequently asked questions

What is junk silver?

Junk silver (or constitutional silver) is pre-1965 US silver coinage — dimes, quarters and half dollars — bought and sold for its silver content rather than its date or condition.

How much silver is in $1 face of junk silver?

About 0.715 troy ounces of silver at the circulated dealer standard, or 0.7234 oz if the coins are uncirculated.

How much silver is in a $1,000 face bag?

A $1,000 face-value bag of circulated 90% silver coins contains roughly 715 troy ounces of pure silver.

Why 0.715 and not 0.7234?

The 0.7234 figure is the full uncirculated mint weight. Because bags contain worn, circulated coins, the trade standard is slightly lower at 0.715 oz per $1 of face value.

Companion to the free calculator

Track your stack's melt value & P/L

This page values one coin. The Silver Stacking Spreadsheet keeps the whole record — every coin, what you paid, and your running profit or loss, auto-calculated from the spot price you enter.

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