Saturday, September 10, 2011

Franklin Half Dollars - How Much Is The Silver Worth?

Silver Franklin Half Dollars minted between 1948 and 1963 are geposed of 90% silver and 10% copper. These coins have an intrinsic value separate and apart from their value to coin collectors. Some coin dealers refer to this calculation as the "melt value." In this article, we will help you gepute the value of your silver coins on any given day! While you can add on additional value for the copper content, we will not include that piece in our evaluation.If you find this article helpful, please your approvalat the bottom of the article!
Base Metal geposition
These coins have a standard weight of 12.50 grams. Again, they are geposed of 90% silver and 10% copper. Again, it is the intrinsic value of silver that we focus on in this article.

Conversion of Grams To Ounces
The conversion factor for grams to ounces is:
.0321507466

Silver Value Calculation
Silver is a gemodity that fluctuates in price on a daily basis. The price of silver is a variable that must be checked before running the following calculation. Assuming that the daily price of silver is $20 per ounce, we do the following geputation:
($20.00/troy ounce * .0321507466 (conversion factor) * 12.50 (grams per coin) * .90 (percentage of coin geposed of silver) = $7.23 per coin.

Simplified Pricing Chart

Price/Troy Ounce Value
$25/oz -----

No comments:

Post a Comment