Always be collecting and buying pre 64 US and any silver coins. Pay junk value not numismatic. For pre 64 dimes quarters and halve dollars that factor is about 11.5 x face value, ie one silver dime is worth $1.15. For silver dollars the ratio is 12.3 X, it contains a little higher percent silver. Figure the % out for the foreign silver coins. No coins in circulation around the world contain any silver now.
Go to this site for a calculator:
http://www.coinflation.com/silver_coin_values.html
For currently circulated coins the best value is the US nickel. It is worth $.05 US. However it does contain $.034 melt value of copper and nickel. A few years ago it was worth well over .05 melt value and will again if hyperinflation hits. It hyperinflation does not come it is still worth a nickel, really safe investment. Buy a few $1000 worth.
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
$2.6699
copper price / pound on Jul 14, 2017.
.75
=
copper %
$4.3133
=
nickel price / pound on Jul 14, 2017.
.25
=
nickel %
5.00
=
total weight in grams
.00220462262
=
pound/gram conversion factor (see note directly below)
The CME uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.
Calculate 75% copper value :
(2.6699 × .00220462262 × 5.00 × .75) = $0.0220726
Calculate 25% nickel value :
(4.3133 × .00220462262 × 5.00 × .25) = $0.0118863
Add the two together :
$0.0220726 + $0.0118863 = $0.0339589
$0.0339589 is the melt value for the 1946-2014 nickel on July 14, 2017.
The pre 1982 penny also has higher value than $.01. Over 2 cents to be exact! However you will manually have the sort through to find the more valuable pennies.
$2.6699 =copper price / pound on Jul 14, 2017.
.95 =copper %
$1.2629 =zinc price / pound on Jul 14, 2017.
.05 =zinc %
3.11 =total weight in grams
.00220462262 =pound/gram conversion factor (see note directly below)
The CME uses pounds to price these metals, that means we need to multiply the metal price by .00220462262 to make the conversion to grams.
Calculate 95% copper value :
(2.6699 × .00220462262 × 3.11 × .95) = $0.0173903
Calculate 5% zinc value :
(1.2629 × .00220462262 × 3.11 × .05) = $0.0004327
Add the two together :
$0.0173903 + $0.0004327 = $0.0178230
$0.0178230 is the melt value for the 1909-1982 copper cent on July 14, 2017.
Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
http://www.coinflation.com/coins/1971-1978-Eisenhower-Ike-Dollar-Value.html
And I also use this site to confirm the value of my purchases of junk silver:
http://www.coinsandcanada.com/
Here are some other world coin silver melt values. Good luck!
https://www.ngccoin.com/price-guide/coin-melt-values.aspx?MeltCategoryID=4
Thank you for this link! I may remind you that this site is not complete with all the variant! 68 canadian dimes and quarters. Like the 67 fish dime is only 50% silver. And also, there's 68 50% silver dimes and quarters and 68 no silver whatsoever dime and quarters (this one is easy to spot with a magnet, and all those I find in my change are always magnetic damn!). That's why I go to some site before buying a batch of junk silver. Like the canadian dime fish, I pay only 50% of the weight. And there's also U.S wars (I don't know which one or both) that the amount of silver is not 90%. Always confirm with 1 or 2 sites the amount of silver in the coin! If I'm not sure, I toss it away and get a coin that I'm sure of is metal composition.