Value of Silver Coins | How Much is a Silver Coin Worth?
What is the value of a silver coin?
Millions or even trillions of silver coins are in circulation and it’s probably you sitting in front of a bunch of silver coins having no idea how much they are worth. Every day, uncountable people ask themselves “What is the value of a silver coin?” and is it the right time to make a deal?
The current value of standard silver coins, weighing one troy ounce, is $29.43, today. If we speak about standard/ bullion coins made of any silver alloy but containing 31.103 grams of pure silver we actually mean coins like the American Silver Eagle, the Canada Maple Leaf, the Britannia, the China Panda or the Kookaburra. But the current value of $29.46 applies also to any silver rounds or bars.
Sell a silver coin to us
Did you know that we buy your silver coins and rounds for an extremely high price? There is no other buyer able to compete with our prices and services. Today, we pay $27.99 per ounce what is only 5% under spot price.
Learn more: sell silver coin
Value of Silver Coins
What is the value of a silver coin?
Do go even more in detail to answer your question about your silver coin’s value we have to talk about different silver coins and their varying values. And we have to mention that there is a difference between buying and selling a silver coin.
First, you have to understand that – in general – all silver BULLION coins have the same value as long as they don’t belong to a very limited edition. Coins from a limited series can have a much higher value. Silver bullion coins weigh 31.103 grams equaling a today’s stock market price of $29.46. If you buy such silver coins you probably pay approx. 5% more while you get about 5% less if you sell.
Silver rounds and medals belong to another pricing group. They look nice and very often they are presented in a good looking box but reflect the same or even less value. Most buyers in the United States even refer to scrap silver what is actually not false. About 90% of all of those coins don’t have a real resell value and undergo melting.
Sell coins, rounds or medals to us
We don’t differ between a good looking silver coin and a used or even damaged coin. We always pay the same, very high, purchase price.
What is the value of a silver coin? Some Examples
We have listed some coins and medals with current prices do give you an idea about the value in silver coins. Generally spoken, the value of coins depends on many factors like purity, condition, scarcity, provenience or current market demand. You can see the stock market price, the fair price if you sell your coin and the reasonable price for buying. Depending on your circumstanced and depending if you are a seller or buyer it can make sense to learn more about silver coins. As we mentioned before, at least 90% of all silver coins or rounds are worth the silver price but not more. If you need to get a rare silver coin or round appraised, contact one of our experts. Asking a question about your coins is always free.
American Silver Eagle Coins
Type: US Silver Bullion Coin
Metal: Silver
Purity: .999 silver
Value: $29.43
Sell for: $27.99
Buy for: $30.93
Expert Article: Sell American Silver Eagle
Morgan Silver Dollar Coins
Type: Dollar Coin
Metal: Silver & Copper
Purity: .900 Silver and 10% copper
Value: $22.79
Sell for: $20.53
Buy for: $23.95
Expert Article: How much is a silver dollar worth?
Scrap Silver Coins
Type: Scrap Silver Coin/s
Metal: Silver
Purity: .925 silver
Value: $27.25
Sell for: $24.55
Buy for: does not apply
Expert Article: Sell Scrap Silver
Britannia Silver Coins
Type: UK Silver Bullion Coin
Metal: Silver
Purity: .999 silver (since 2013) and .958 silver (1997-2012)
Value: $29.43
Sell for: $27.99
Buy for: $30.93
Expert Article: Sell Britannia Silver Coin
Frequently Asked Questions About the Value of Silver Coins
Value related questions about silver coins are very common. We answer the top 6 most common questions about the value of silver coins.
Are silver $1 coins worth anything?
The Morgan Dollar and the Peace Dollar are the most common $1 coins. And yes, they are worth real money. Both coins are made of 90% silver (also called coin silver) and weigh 26.73 grams. Depending on the condition, a $1 silver coin is worth at least $22.81 while some can be worth significantly more.
Expert Article: How much is a silver dollar worth?
How much is a silver coin worth, today?
This very common question cannot not be answered in a satisfying way with just one sentence. The reason for that is that some silver coins are worth only a few dollars while others are probably hundreds or even thousands of dollars. The most common US silver coin is the American Silver Eagle, this coin is worth $27.69, today. Silver quarter coins are also very common and worth, $8.53, right now.
Should I sell my silver coins?
Whether or not you should sell your silver coins depends on your personal situation. A very common reason why people sell silver coins is based on a financial situation. If extra cash is needed, people sell their coins independently from the current silver price. Some people base their selling decision on a certain price level: either if the silver price hits a certain low or a certain high. And last but not least, some people see their silver coins as a retirement investment. Observing the price over a few weeks or month may help you making a good decision.