Silver Coin Melt Values End Second Week of August up 2.3%

Silver climbed as high as 2.8% above last Friday’s Fix this week before settling at a still respectable 2.3% increase by the end of the week. This increase brought Silver Coin Melt Values up along with it reversing a decline seen in the previous weekly report.

Last week’s decline came in at a drop of 1.7% when the London Fix for Silver ended on that Friday at $27.25 an ounce. In comparison, this week’s Friday Fix was $27.88 an ounce, up $0.63 from last week, or the aforementioned 2.3%.

Precious Metals Prices
August 10 , 2012
London Fix
Weekly Change


It ended up being a good week for precious metals as the chart above shows. All four listed showed improvement. Best among the four was silver with its 2.3% increase. It was followed by gold which jumped up 1% during the week, then palladium which realized an increase of 0.9%. Platinum ended the week up 0.6%.

Silver had three days of daily increases and two of declines in the past week. Monday’s London Fix came in at $27.72 an ounce, up from the previous Friday’s $27.25. It was followed on Tuesday by another increase up to $28 even. Wednesday saw a drop as the London Fix came in at $27.84. Thursday jumped up again, this time to $28.02. Finally, Friday’s Fix fell to the previously mentioned $27.88 an ounce.

With this weekly increase, silver is now $1.21 from the 2012 low of $26.67 established on July 12th. Doing the math shows the most recent Fix is up 4.5% from that low.

In contrast, Friday’s Fix is still down significantly from the 2012 high established on February 29th of $37.23 an ounce. The precious metal is still down $9.35 from that high, or 25.1%.

The chart below offers current coin melt values based on the Fix for Friday, August 10, 2012, 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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