Silver Coin Melt Values Increase Second Week In a Row

Silver Coin Melt Values showed improvement again this week marking the second in a row in which the precious metal realized increases. The London Fix for silver for Friday, August 17, 2012 was $28.20 an ounce.

This was an increase of $0.32 from the Fix of last Friday, or a jump of 1.1%. In two weeks, silver has improved 3.5% when last week’s $0.63 increase is added in.

Precious Metals Prices
August 17, 2012
London Fix
Weekly Change
Gold
$1,614.75
-$3.75
-0.2%
Silver
$28.20
+$0.32
+1.1%
Platinum
$1,455.00
+$56.00
+4.0%
Palladium
$592.00
+$14.00
+2.4%

 

Overall, it was a solid week for precious metals as the chart above shows. The only decline realized of the four listed was gold which dipped just 0.2%. Silver’s improvement of 1.1% was beaten by palladium which jumped 2.4%. Leading the pack was platinum which rose $56, or 4%, based on the Friday to Friday Fix.

Silver started the week up with a Fix of $28.05 on Monday which was an increase of $0.17 from the previous Friday. That increase was lost on Tuesday when the Fix dropped to $27.84 an ounce. It fell further on Wednesday to $27.64 before returning to $27.84 on Thursday. Friday’s aforementioned rally came in at $28.20.

Comparing Friday’s Fix to the 2012 low shows the precious metal is now up $1.53 an ounce. That low was established on July 12th with a Fix of $26.67.

While that is good news, silver is still down significantly from the 2012 high set on February 29th of $37.23 an ounce. In fact, the precious metal is still down $9.03 an ounce from that high, or 24.2%.

The chart below offers current coin melt values based on the Fix for Friday, August 17, 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)
$1.57
$1.59
Barber Dime (1892-1916)
$2.02
$2.04
Mercury Dime (1916-1945)
$2.02
$2.04
Roosevelt Dime (1946-1964)
$2.02
$2.04
Barber Quarter (1892-1916)
$5.04
$5.10
Standing Liberty Quarter (1916-1930)
$5.04
$5.10
Washington Quarter (1932-1964)
$5.04
$5.10
Barber Half Dollar (1892-1915)
$10.08
$10.20
Walking Liberty Half Dollar (1916-1947)
$10.08
$10.20
Franklin Half Dollar (1948-1963)
$10.08
$10.20
Kennedy Half Dollar (1964)
$10.08
$10.20
Kennedy Half Dollar (1965-1970)
$4.12
$4.17
Morgan Dollar (1878-1921)
$21.56
$21.81
Peace Dollar (1921-1935)
$21.56
$21.81
Eisenhower Dollar (1971-1976)
$8.81
$8.91
American Silver Eagle
$27.88
$28.20
America the Beautiful 5 Oz. Silver Coins
$139.40
$141.00

 

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

 

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