Mid-December Melt Values Dip for Silver Coins

The London Fix for silver on Friday, December 16, 2011 came in at $29.78 an ounce. This was a significant drop of 6.9% from the previous week which had ended at $32.00 an ounce.

Precious Metals Prices
December 16, 2011
London Fix
Weekly Change
Gold
$1,594.00
-$115.00
-6.7%
Silver
$29.78
-$2.22
-6.9%
Platinum
$1,424.00
-$72.00
-4.8%
Palladium
$624.00
-$46.00
-6.9%

 

The precious metal started a downward trend on Monday that was slightly halted with a twelve cent per ounce increase on Tuesday. However, the trend down continued throughout the rest of the week ending $2.22 off from where it had been.

Looking at the bigger annual picture shows silver slightly below where it started the year at of $30.67 an ounce. However, recent market levels are significantly down from their annual high of $48.70 seen on April 28, 2011 but still up from their annual low seen on January 28th of $26.68 an ounce.

The chart below shows Silver Coin Melt Values based on Friday’s London Fix silver price versus those values from the previous week.

Weekly Silver Coin Melt Value Comparisons

SILVER COIN
Last Week’s Silver Melt Value
This Week’s Silver Melt Value
Jefferson Nickel (1942-1945)
$1.80
$1.68
Barber Dime (1892-1916)
$2.31
$2.15
Mercury Dime (1916-1945)
$2.31
$2.15
Roosevelt Dime (1946-1964)
$2.31
$2.15
Barber Quarter (1892-1916)
$5.79
$5.39
Standing Liberty Quarter (1916-1930)
$5.79
$5.39
Washington Quarter (1932-1964)
$5.79
$5.39
Barber Half Dollar (1892-1915)
$11.57
$10.77
Walking Liberty Half Dollar (1916-1947)
$11.57
$10.77
Franklin Half Dollar (1948-1963)
$11.57
$10.77
Kennedy Half Dollar (1964)
$11.57
$10.77
Kennedy Half Dollar (1965-1970)
$4.73
$4.40
Morgan Dollar (1878-1921)
$24.75
$23.03
Peace Dollar (1921-1935)
$24.75
$23.03
Eisenhower Dollar (1971-1976)
$10.12
$9.41
American Silver Eagle
$32.00
$29.78
America the Beautiful 5 Oz. Silver Coins
$160.00
$148.90

 

Check Silver Coin Melt Values for fresh coin values based on the latest silver prices.

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