Mid-February Sees Biggest 2013 Weekly Decline to Date for Silver Coin Melt Values

A significant drop in the price of silver this week brought down Silver Coin Melt Values as the precious metal shed 4.3% for the seven day period. This marks the biggest weekly decline of the year based on the Friday to Friday London Fix.

Comparing to last Friday, silver declined $1.34 an ounce. The London Fix for silver for today, February 15, 2013 was $30.18 an ounce.


Precious Metals Prices
February 15, 2013
London Fix
Weekly Change


As for precious metals in general, it was also a tough week. Of the four listed in the chart above, only one of them showed any gains. That metal was palladium which rose 1.1% based on its $8 an ounce improvement. Platinum dropped 2.2% falling $38 with gold shedding 3.4% with its drop of $56. The hardest hit, however, was the previously mentioned silver market which lost $1.34 this week, or 4.3%.

The silver market showed troubles early in the week as the Monday Fix came in at $31.16, down from the previous Friday’s $31.52 an ounce. It fell further on Tuesday to $30.84 before a slight rebound on Wednesday with a Fix of $31.035. Thursday fell down to $30.88 before today’s Fix of $30.18.

At $30.18 an ounce, the precious metal is only up $0.86 from the 2013 low set on January 4th of $29.32 Calculating the difference shows silver is up just 2.9% from that low.

On the other hand, the white metal is down significantly from the 2013 high set on January 23rd of $32.23 an ounce. Comparing this Friday’s Fix to that high shows a drop of $2.05 an ounce, or 6.4%.

The chart below offers current coin melt values based on the Fix for Friday, February 15, 2013, and a comparison to those values based on last week’s silver price.

Weekly Silver Coin Melt Value Comparisons

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.


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