Junk Silver
Calculator
Live melt values for pre-1965 silver dimes, quarters, half dollars, and Morgan & Peace dollars. Enter a face value amount or count coin by coin.
Quick calculation
Enter a total face value in 90% junk silver
Uses the 0.715 oz/$ industry standard for 90% silver — accounts for average coin wear
Or count coin by coin
Silver Dime
Roosevelt or Mercury · pre-1965 · 90%
Silver Quarter
Washington · pre-1965 · 90%
Half Dollar (90%)
Walking Liberty, Franklin, or 1964 Kennedy · 90%
Half Dollar (40%)
Kennedy · 1965–1970 · 40%
Silver Dollar (90%)
Morgan or Peace · 90%
Melt value = troy oz silver content × live spot price · Numbers reflect raw silver weight, not numismatic value
Today's junk silver melt values
$1 face value uses 0.715 oz (industry standard for circulated 90% silver). Individual coin figures use actual specified weight.
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Common questions
What is junk silver?
Junk silver refers to pre-1965 US dimes, quarters, and half dollars that are 90% silver. The term 'junk' doesn't mean low quality — it means no numismatic (collectible) premium. These coins are valued purely for their silver content. Dealers trade them by face value, typically quoting a price per dollar of face value.
How many troy ounces of silver are in $1 of junk silver?
$1 face value in 90% silver coins contains approximately 0.715 troy ounces of silver. This figure accounts for average coin wear over time. A new, uncirculated coin would contain 0.7234 oz per dollar face value, but 0.715 is the industry-standard figure used by dealers and calculators for circulated junk silver.
How much silver is in a pre-1965 dime?
A pre-1965 Roosevelt or Mercury dime contains 0.07234 troy ounces of silver. Ten dimes ($1 face value) contains 0.7234 troy oz of silver before wear adjustment.
How much silver is in a pre-1965 quarter?
A pre-1965 Washington quarter contains 0.18084 troy ounces of silver. Four quarters ($1 face value) contains 0.7234 troy oz before wear adjustment.
Are 1965–1970 Kennedy half dollars junk silver?
Yes, but they're 40% silver, not 90%. Kennedy half dollars minted from 1965 to 1970 contain 0.1479 troy ounces of silver each. Kennedy halves from 1964 are 90% silver (0.3617 oz). Halves from 1971 onward contain no silver.
What is the melt value of a Morgan silver dollar?
A Morgan or Peace silver dollar contains 0.77344 troy ounces of silver (90% silver, 26.73g total weight). To find the current melt value, multiply 0.77344 by the live silver spot price.
Do dealers pay melt value for junk silver?
Most dealers pay 90–97% of melt value for common 90% silver coins, depending on the dealer, quantity, and current market. Rare dates or coins in exceptional condition may command premiums above melt. When selling large quantities, spot minus a small percentage is typical.
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