Silver · Bullion

Silver Eagle Melt Value (1 oz Fine Silver)

A 1 oz silver bullion coin — American Silver Eagle, Canadian Maple Leaf, or Britannia — contains exactly 1.000 troy ounce of .999 fine silver, so its melt value is simply the spot price.

Live melt value — per coin
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spot … ·
QuantityMelt value
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5—
10—
20—
100—

Live spot via gold-api.com. Melt value = spot × 1 troy oz of fine metal.

Open the full calculator →

Unlike junk silver, a modern 1 oz silver bullion coin contains exactly 1.000 troy ounce of .999 fine silver. That makes the math trivial: the melt value of one coin is the silver spot price per ounce.

The American Silver Eagle, Canadian Silver Maple Leaf and British Britannia all share this specification. Dealers sell them for a small premium over spot and buy them back slightly under spot.

Specifications

SeriesAmerican Silver Eagle, Maple Leaf, Britannia
Years1986–present (Silver Eagle)
Composition.999 fine silver
Gross weight1.000 troy oz (31.103 g)
Pure silver1.000 troy oz
Face value$1 (Silver Eagle)

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 × 1 oz. The live figure at the top of this page applies that formula to the current spot price.

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

Example spotMelt value
$25.00$25.00
$35.00$35.00
$50.00$50.00

What affects what you actually get

Frequently asked questions

How much silver is in a Silver Eagle?

An American Silver Eagle contains exactly 1.000 troy ounce of .999 fine silver. It weighs 31.103 g.

What is a Silver Eagle worth?

At minimum, its melt value, which equals the silver spot price per ounce. Coins typically sell for a small premium over spot.

Is a Silver Eagle pure silver?

Yes — .999 fine, the standard bullion purity. (The Canadian Maple Leaf is .9999 fine, with a negligible difference in silver value.)

Are Silver Eagles 1 oz?

Yes. One troy ounce of silver, in a coin with a $1 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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