Silver Coin Melt Values End Week Relatively Unchanged

Silver slipped just two cents for the week effectively holding the precious metal at previous levels based on the Friday to Friday London Fix. The stable position of silver also means that the associated Silver Coin Melt Values are steady after realizing six straight weekly increases.

The London Fix for Silver for today, September 21, 2012 was $34.69 an ounce. As previously stated, this is down just $.02 from last Friday’s Fix of $34.71.

Precious Metals Prices
September 21, 2012
London Fix
Weekly Change
Gold
$1,784.50
+$9.00
+0.5%
Silver
$34.69
-$0.02
-0.05%
Platinum
$1,642.00
-$55.00
-3.2%
Palladium
$672.00
-$30.00
-4.3%

 

As the chart above shows, silver was not the only precious metal to realize a weekly decrease. In fact, its partial percentage change was dwarfed by platinum’s 3.2% decrease and palladium’s 4.3% drop. The only precious metal of the four to show improvement was gold which rose $9.00, or a half of a percent.

Silver actually remained relatively stable the entire week. It started Monday off with a Fix of $34.53, down just $.18 from the previous Friday. It fell further on Tuesday to $34.06 before a return to previous levels on Wednesday with a Fix of $34.65. A forty cent drop followed on Thursday with its Fix of $34.25 before climbing once again on Friday to the aforementioned $34.69 an ounce.

Looking at the larger picture shows silver up significantly from the 2012 low. That low was established on July 12th with a Fix of $26.67. Based on that low, the precious metal is now up $8.02 from that low, or 30.07%.

Conversely, the precious metal is still down from the 2012 high. The high for the year was set on February 29th with a Fix of $37.23. This places Friday’s Fix down $2.54 from that high or off by 6.8%

The chart below offers current coin melt values based on the Fix for Friday, September 21, 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)
$1.95
$1.95
Barber Dime (1892-1916)
$2.51
$2.51
Mercury Dime (1916-1945)
$2.51
$2.51
Roosevelt Dime (1946-1964)
$2.51
$2.51
Barber Quarter (1892-1916)
$6.28
$6.27
Standing Liberty Quarter (1916-1930)
$6.28
$6.27
Washington Quarter (1932-1964)
$6.28
$6.27
Barber Half Dollar (1892-1915)
$12.55
$12.55
Walking Liberty Half Dollar (1916-1947)
$12.55
$12.55
Franklin Half Dollar (1948-1963)
$12.55
$12.55
Kennedy Half Dollar (1964)
$12.55
$12.55
Kennedy Half Dollar (1965-1970)
$5.13
$5.13
Morgan Dollar (1878-1921)
$26.85
$26.83
Peace Dollar (1921-1935)
$26.85
$26.83
Eisenhower Dollar (1971-1976)
$10.97
$10.97
American Silver Eagle
$34.71
$34.69
America the Beautiful 5 Oz. Silver Coins
$173.55
$173.45

 

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

 

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