Silver Coin Melt Values ended the week up as they were brought higher by a silver market that showed some improvement. The precious metal weekly increase ended at a positive 2.4% based on Friday to Friday comparisons.
The increase comes after last weeks 1.5% drop which itself followed a slight 0.6% increase from the week before. For reference, the London Fix for Silver for this Friday, July 27, 2012 was $27.73 an ounce.
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Precious Metals Prices
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July 27, 2012
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London Fix
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Weekly Change
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| Gold |
$1,618.25
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+$42.00
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+2.7%
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| Silver |
$27.73
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+$0.66
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+2.4%
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| Platinum |
$1,410.00
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+$2.00
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+0.1%
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| Palladium |
$574.00
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-$3.00
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-0.5%
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Of the four precious metals shown above, three of them showed increases for the week. The only decline was palladium which dropped a half of a percent. The three increases were led by gold with its 2.7% jump, followed by silver’s 2.4% and finally platinum’s slight increase of 0.1%.
Focusing on silver shows the precious metal started the week off down with Monday’s Fix of $26.95 compared to the previous Friday’s $27.07. Silver slid a few more cents to $26.93 on Tuesday before Wednesday’s respectable jump to $27.11. Thursday showed much stronger gains with $27.81 an ounce before Friday’s Fix of $27.73.
The 2012 low is still held by July 12th with its London Fix of $26.67. Comparing that low to this Friday’s Fix shows the precious metal up just $1.06 from that low, or 4.0%.
Comparing to the 2012 high paints a much bleaker picture. The high was established on February 29th with a Fix of $37.23. This means this Friday’s Fix is down $9.50 from that high, or 25.5%.
The chart below offers current coin melt values based on the Fix for Friday, July 27, 2012, and a comparison to those values based on last week’s silver price.
Weekly Silver Coin Melt Value Comparisons
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SILVER COIN
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Last Week’s Silver Melt Value
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This Week’s Silver Melt Value
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| Jefferson Nickel (1942-1945) |
$1.52
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$1.56
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| Barber Dime (1892-1916) |
$1.96
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$2.01
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| Mercury Dime (1916-1945) |
$1.96
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$2.01
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| Roosevelt Dime (1946-1964) |
$1.96
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$2.01
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| Barber Quarter (1892-1916) |
$4.90
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$5.01
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| Standing Liberty Quarter (1916-1930) |
$4.90
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$5.01
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| Washington Quarter (1932-1964) |
$4.90
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$5.01
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| Barber Half Dollar (1892-1915) |
$9.79
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$10.03
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| Walking Liberty Half Dollar (1916-1947) |
$9.79
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$10.03
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| Franklin Half Dollar (1948-1963) |
$9.79
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$10.03
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| Kennedy Half Dollar (1964) |
$9.79
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$10.03
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| Kennedy Half Dollar (1965-1970) |
$4.00
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$4.10
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| Morgan Dollar (1878-1921) |
$20.94
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$21.45
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| Peace Dollar (1921-1935) |
$20.94
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$21.45
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| Eisenhower Dollar (1971-1976) |
$8.56
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$8.77
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| American Silver Eagle |
$27.07
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$27.73
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| America the Beautiful 5 Oz. Silver Coins |
$135.35
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$138.65
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Silver Coin Melt Values offers routinely updated silver market information and related melt values.