Mid-November Sees Third Weekly Silver Coin Melt Values Increase

The market continues to marginally improve for Silver Coin Melt Values as the precious metal realized another weekly increase. This increase is the third for silver based on the Friday to Friday London Fix.

Using those Friday to Friday numbers, silver rose slightly by $0.11, or 0.3%. This follows last week’s 0.8% rise and the previous week’s which showed approximately the same percentage jump. The London Fix for Silver for today, November 16, 2012 was $32.27 an ounce.

Precious Metals Prices
November 16, 2012
London Fix
Weekly Change
Gold
1,713.50
-$24.75
-1.4%
Silver
$32.27
+$0.11
+0.3%
Platinum
$1,554.00
-$5.00
-0.3%
Palladium
$623.00
+$11.00
+1.8%

 

As the chart above shows, it was a mixed week for precious metals. Of the four shown, two realized increases during the 7-day period and two ended with decreases. Palladium was the big gainer with a 1.8% jump followed by the aforementioned silver increase of 0.3%. Platinum lost 0.3% with gold having the biggest percentage drop with a decline of 1.4%.

Silver was actually higher during the week before falling slightly on Friday. Monday’s Fix was 32.63 an ounce, up $0.47 from the previous Friday. It was followed on Tuesday with a small drop to $32.58 and another on Wednesday to 32.48. A small recovery occurred on Thursday when the Fix came in at $32.57 before dropping to Friday’s $32.27.

At a Fix of $32.27, silver is up $5.60 (or 20.9%) from the 2012 low established on July 12th. That low was $26.67 an ounce.

Conversely, the precious metal is down $4.96 from the 2012 high. The high for the year was set on February 29th when a Fix of $37.23 an ounce came in.

The chart below offers current coin melt values based on the Fix for Friday, November 16, 2012, 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)
$1.81
$1.82
Barber Dime (1892-1916)
$2.33
$2.33
Mercury Dime (1916-1945)
$2.33
$2.33
Roosevelt Dime (1946-1964)
$2.33
$2.33
Barber Quarter (1892-1916)
$5.82
$5.84
Standing Liberty Quarter (1916-1930)
$5.82
$5.84
Washington Quarter (1932-1964)
$5.82
$5.84
Barber Half Dollar (1892-1915)
$11.63
$11.67
Walking Liberty Half Dollar (1916-1947)
$11.63
$11.67
Franklin Half Dollar (1948-1963)
$11.63
$11.67
Kennedy Half Dollar (1964)
$11.63
$11.67
Kennedy Half Dollar (1965-1970)
$4.76
$4.77
Morgan Dollar (1878-1921)
$24.87
$24.96
Peace Dollar (1921-1935)
$24.87
$24.96
Eisenhower Dollar (1971-1976)
$10.17
$10.20
American Silver Eagle
$32.16
$32.27
America the Beautiful 5 Oz. Silver Coins
$160.80
$161.35

 

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

 

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