Silver Coin Melt Values Drop For Third Week

Friday, December 23, 2011 saw the London Fix for Silver at $29.22 an ounce, down $.56 from where it was the same time last week. This marks the third week in a row that the precious metal realized declines based on the Friday to Friday spots.

Precious Metals Prices
December 23, 2011
London Fix
Weekly Change
Gold
$1,607.50
+$13.50
+0.8%
Silver
$29.22
-$0.56
-1.9%
Platinum
$1,436.00
+$12.00
+0.8%
Palladium
$653.00
+$29.00
+4.6%

 

The week was filled with both highs and lows markedly different from where the precious metal ended. Monday saw silver dropping to $28.78, or down a full dollar from where it had been the Friday before. The metal then rose on Tuesday to $29.28 an ounce followed by another increase on Wednesday to $29.75. Thursday started a slide coming in at $29.30 an ounce leading to Friday’s $29.22.

Silver is still high above its 2011 low established on January 28th of $26.68. It is, however, devastatingly lower than the 2011 high of April 28th which was $48.70 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)
$1.68
$1.64
Barber Dime (1892-1916)
$2.15
$2.11
Mercury Dime (1916-1945)
$2.15
$2.11
Roosevelt Dime (1946-1964)
$2.15
$2.11
Barber Quarter (1892-1916)
$5.39
$5.28
Standing Liberty Quarter (1916-1930)
$5.39
$5.28
Washington Quarter (1932-1964)
$5.39
$5.28
Barber Half Dollar (1892-1915)
$10.77
$10.57
Walking Liberty Half Dollar (1916-1947)
$10.77
$10.57
Franklin Half Dollar (1948-1963)
$10.77
$10.57
Kennedy Half Dollar (1964)
$10.77
$10.57
Kennedy Half Dollar (1965-1970)
$4.40
$4.32
Morgan Dollar (1878-1921)
$23.03
$22.60
Peace Dollar (1921-1935)
$23.03
$22.60
Eisenhower Dollar (1971-1976)
$9.41
$9.24
American Silver Eagle
$29.78
$29.22
America the Beautiful 5 Oz. Silver Coins
$148.90
$146.10

 

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

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