Melt Values of US Silver Coins Rise 4.4% First Week of August

Melt values of US Silver Coins shot up this week as the associated precious metal rose an impressive 85¢ an ounce based on the Friday to Friday London Fix figures. This marks the largest Friday to Friday gain seen for silver since January of this year.

1954 Franklin Half Dollar

Melt values of US silver coins, such as the Franklin Half Dollar, rose 4.4% this week

As a percentage. the melt values and associated silver market gained 4.4%. The London Fix for Silver for today, August 9, 2013, was $20.31 an ounce.

Precious Metals Prices
August 9, 2013
London Fix Weekly Change
Gold 1,309.00 -$0.25 -0.0%
Silver $20.31 +$0.85 +4.4%
Platinum $1,492.00 +$56.00 +3.9%
Palladium $739.00 +$9.00 +1.2%


It was a relatively good week for precious metals as the chart above shows. Of the four listed, three showed significant gains with one ending the week almost unchanged. That flat market activity was realized by gold which lost 25¢ based on the Friday to Friday Fix. It should be noted that gold had dropped much lower earlier in the week but showed renewed strength by week’s end.

On the positive side of metals, palladium rose $9 an ounce gaining 1.2%. Showing much bigger gains were platinum which jumped 3.9% with a $56 an ounce increase and silver’s more significant percentage 4.4% rise.

Looking at a specific coin shows the monetary gains seen in that strike based on the weekly silver increase. For example, a 1948-1963 Franklin Half Dollar was struck from 90% silver with 0.36169 ounces of the precious metal. Those coins each had a melt value of approximately $7.04 last week Friday with it jumping to $7.35 this week Friday.

At $20.31 an ounce (this week’s Friday Fix), the precious metal is now up $1.70 from the 2013 low set earlier this year. That low occurred on June 27th with $18.61 an ounce. Doing the math shows the metal is up 9.1% from that low.

Conversely, silver is still down from the 2013 high set on January 23rd of $32.23 an ounce. This Friday’s Fix is still down $11.92 an ounce from that high, or a negative 37%.

The chart below offers current US Silver Coin Melt Values based on the Fix for Friday, August 9, 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)
Barber Dime (1892-1916)
Mercury Dime (1916-1945)
Roosevelt Dime (1946-1964)
Barber Quarter (1892-1916)
Standing Liberty Quarter (1916-1930)
Washington Quarter (1932-1964)
Barber Half Dollar (1892-1915)
Walking Liberty Half Dollar (1916-1947)
Franklin Half Dollar (1948-1963)
Kennedy Half Dollar (1964)
Kennedy Half Dollar (1965-1970)
Morgan Dollar (1878-1921)
Peace Dollar (1921-1935)
Eisenhower Dollar (1971-1976)
American Silver Eagle
America the Beautiful 5 Oz. Silver Coins


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


  1. James Johnson says:

    Where can I take Franklin half dollar to get the most value?

  2. Silver Coin Melt Values says:

    Generally, local coin dealers or coin shows are a good place to start. They would be most attuned to its value.

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