Silver Starts the New Year Down 2.8%

The new year is off to a poor start when it comes to Silver Coin Melt Values. They finished the first part of 2013 down 2.8% (or -$0.83) based on the Friday to Friday London Fix.

It was a short week for trading owing to the new year with a Fix for silver only posted four days this week as the market was not open on January 1st. The London Fix for Silver for today, January 4, 2013 was $29.32 an ounce.

Precious Metals Prices
January 4, 2013
London Fix
Weekly Change


The short week was a tough one for most of the precious metals. Of the four shown, only one ended in positive territory. It was platinum which rose $30 an ounce, or an even 2.0%. Gold posted the smallest loss of the four metals with a drop of just 0.6%. It was followed by palladium which fell 2.1% and then the aforementioned silver decline of 2.8%.

Monday, December 31, 2012 saw silver drop to $29.95 an ounce after the previous Friday’s Fix of $30.15. After the holiday, the Fix on Wednesday, January 2nd rose significantly to $30.87 an ounce. It rose slightly more on Thursday to a Fix of $30.91 before falling to today’s $29.32 an ounce.

With just a few days crossed off this year’s calendar, the 2013 low is now held by today’s (January 4, 2013) Fix of $29.32 an ounce. For comparison, last year’s low was set on July 12, 2012 with a Fix of $26.67 an ounce.

The new 2013 high was set on January 3rd with its Fix of $30.91. Comparing again to last year shows this year’s high still down from last year’s high of $37.23 an ounce set on February 29, 2012.

The chart below offers current coin melt values based on the Fix for Friday, January 4, 2013, 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.


Speak Your Mind



Copyright © 2013 MADU Enterprises LLC.

Content of including all material and calculators is offered for informational purposes only and should not be construed as investment or financial advice of any sort. As such, MADU Enterprises LLC will not be liable for any errors, inaccuracies, omissions or potential financial loss or damages incurred by its use. Due diligence on the part of the reader should be undertaken before any financial decisions are made to avoid economic loss. No portion of may be reproduced or copied without previous written permission. MADU Enterprises LLC reserves the right to change these terms at any time.