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Washington Quarters minted between 1932 and 1964 (as well as certain special issues afterwards) are composed of 90% silver and 10% copper. These coins have an intrinsic value separate and apart from their value to coin collectors. Some coin dealers refer to this calculation as the melt value. In this article, we will help you compute the value of your silver coins on any given day! While you can add on additional value for the copper content, we will not include that piece in our evaluation.
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$24/oz-----> $4.34
$23/oz -----> $4.16
$22/oz -----> $3.98
$21/oz -----> $3.80
$20/oz -----> $3.62
$19/oz -----> $3.44
$18/oz -----> $3.26
$17/oz -----> $3.07
$16/oz -----> $2.89
$15/oz -----> $2.71
$14/oz -----> $2.53
$13/oz -----> $2.35
$12/oz -----> $2.17
$11/oz -----> $1.99
$10/oz -----> $1.81
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Base Metal Composition
These coins have a standard weight of 6.25 grams. Again, they are composed of 90% silver and 10% copper. Again, it is the intrinsic value of silver that we focus on in this article.
Conversion of Grams To Ounces
The conversion factor for grams to ounces is:
.0321507466
Silver Value Calculation
Silver is a commodity that fluctuates in price on a daily basis.ÿ The price of silver is a variable that must be checked before running the following calculation.ÿ Assuming that the daily price of silver is $20 per ounce, we do the following computation:
($20.00/troy ounce * .0321507466 (conversion factor) * 6.25 (grams per coin) * .90 (percentage of coin composed of silver) = $3.62 per coin.
Simplified Pricing Chart
Price/Troy Ounce Value
$25/oz -----> $4.52
$24/oz-----> $4.34
$23/oz -----> $4.16
$22/oz -----> $3.98
$21/oz -----> $3.80
$20/oz -----> $3.62
$19/oz -----> $3.44
$18/oz -----> $3.26
$17/oz -----> $3.07
$16/oz -----> $2.89
$15/oz -----> $2.71
$14/oz -----> $2.53
$13/oz -----> $2.35
$12/oz -----> $2.17
$11/oz -----> $1.99
$10/oz -----> $1.81
Please acknowledge the helpfulness of this article below. Thanks!
Guide created: 03/02/08 (updated 09/14/08)
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