Franklin Half Dollars, and Other US Silver Coins, Saw Melt Values Rise 2.2%

Precious metal markets were largely in the positive territory when one looks at the most recent Friday to Friday London Fix comparison. This includes the silver market which, by default, also means associated Melt Values of US Silver Coins went up this week.

1954 Franklin Half Dollar

Silver Coin Melt Values (such as for this 1954 Franklin Half Dollar) rose 2.2% this week.

Silver rose 2.2% for the period with an increase of 48¢ per ounce based on the Friday to Friday Fix. The London Fix for Silver for today, October 25, 2013 was $22.35 an ounce.

Precious Metals Prices
October 25, 2013
London Fix Weekly Change
Gold 1,347.75 +$31.25 +2.4%
Silver $22.35 +$0.48 +2.2%
Platinum $1,440.00 +$2.00 +0.1%
Palladium $733.00 -$4.00 +0.5%

 

Of the four precious metals shown in the chart above, only one succumbed to downward pressure during the week. That metal was palladium which shed $4 an ounce for a decline of 0.5%. Making a small weekly gain was platinum which rose $2 an ounce for a 0.1% increase. Silver’s 48¢ increase was next in line at its gain of 2.2%. Gold led the pack with a jump up of $31.25 an ounce, or 2.4%.

Looking back at the week in general finds silver was both higher and lower in the days leading up to today. On Monday, the Fix came in at $22.09, up from the previous Friday’s $21.87. Tuesday saw it fall slightly to $22.06 before another gain on Wednesday to $22.53. An increase was seen again on Thursday to $22.67 before a fall on Friday to the aforementioned $22.35.

With a Fix of $22.35, associated US Silver Coin Melt Values also rose slightly for the week. For example, a Franklin Half Dollar with 0.3617 ounces of the precious metal went from an approximate melt value of $7.91 last week to $8.08 this week Friday.

At $22.35 an ounce, silver is now up $3.74 an ounce from the 2013 low set on June 27th. That low was $18.61 giving this Friday a gain of 20.1% from that low.

Conversely, the precious metal is still down significantly from the 2013 high that was set on January 23rd. That high was $32.23 an ounce making this Friday’s Fix down $9.88 from the high, or a drop of 30.7%.

The chart below offers current US Silver Coin Melt Values based on the Fix for Friday, October 18, 2013, and a comparison to those values based on last week’s silver price.

Weekly Silver Coin Melt Value Comparisons

SILVER COIN Last Week’s Silver Melt Value This Week’s Silver Melt Value
Jefferson Nickel (1942-1945)
$1.23
$1.26
Barber Dime (1892-1916)
$1.58
$1.62
Mercury Dime (1916-1945)
$1.58
$1.62
Roosevelt Dime (1946-1964)
$1.58
$1.62
Barber Quarter (1892-1916)
$3.95
$4.04
Standing Liberty Quarter (1916-1930)
$3.95
$4.04
Washington Quarter (1932-1964)
$3.95
$4.04
Barber Half Dollar (1892-1915)
$7.91
$8.08
Walking Liberty Half Dollar (1916-1947)
$7.91
$8.08
Franklin Half Dollar (1948-1963)
$7.91
$8.08
Kennedy Half Dollar (1964)
$7.91
$8.08
Kennedy Half Dollar (1965-1970)
$3.23
$3.31
Morgan Dollar (1878-1921)
$16.92
$17.29
Peace Dollar (1921-1935)
$16.92
$17.29
Eisenhower Dollar (1971-1976)
$6.91
$7.06
American Silver Eagle
$21.87
$22.35
America the Beautiful 5 Oz. Silver Coins
$109.35
$111.75

 

Silver Coin Melt Values offers routinely updated silver market information and related melt values.

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