90% Silver Coin Weight Formula:
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The weight calculation determines the actual silver content in 90% silver coins based on their face value. These coins (like pre-1965 US dimes, quarters, and half dollars) contain 90% silver and 10% copper.
The calculator uses the simple formula:
Where:
Explanation: The formula calculates the pure silver weight by multiplying the total face value by the standardized silver content per dollar.
Details: Knowing the actual silver content is crucial for investors, collectors, and precious metal dealers to determine the intrinsic bullion value of silver coins.
Tips: Enter the total face value of your coins in dollars. The default silver content (0.7234 oz/$) is pre-filled for standard US 90% silver coins but can be adjusted if needed.
Q1: What coins are considered 90% silver?
A: In the US, this includes dimes, quarters, and half dollars minted before 1965, and dollar coins minted before 1936.
Q2: Why is the silver content 0.7234 oz per dollar?
A: This accounts for the exact silver content across all denominations. For example, $1 face value in 90% silver dimes, quarters, or halves contains 0.7234 troy oz of pure silver.
Q3: Does wear affect the silver content?
A: While wear reduces the total weight slightly, the silver content per dollar remains essentially the same for valuation purposes.
Q4: Can I use this for other purity silver coins?
A: No, this calculator is specifically for 90% silver coins. Other purities (like 40% or 99.9%) require different calculations.
Q5: How do I calculate the melt value?
A: Multiply the silver weight by the current spot price of silver per ounce to get the approximate melt value.