Do you own Pre-65 US Silver coins?
One of the most popular and highly coveted silver coins these days is the Pre-65 US Silver Coins. In the past few months, the demand for silver soared significantly. Having that said many are seeing the benefit of silver like the Pre-65 US Silver Coins as an investment. However, in order to maximize the profit out of your Pre-65 US Silver Coins pieces, interested investors must know how to tell the real value of Pre-65 US silver coins dime.
The US mint is the one responsible for the distribution of circulating coins in the United States of America. The US Mint has actually minted and produced a couple of versions of the pre-65 US Silver Coins dime.
- The first design pre-65 US Silver Coins is the liberty head or Barber.
- The second was the winged liberty head or Mercury.
- The latest design is the Roosevelt design.
After checking the design and other intricacies of the coin, calculate the value of silver by multiplying the spot price value of silver. Pre-1965, silver dollars contain 0.7734 troy oz. of silver. Half dollars contain 0.3617 troy oz. Quarters contain 0.1808 troy oz. Dimes contain 0.0723 troy oz.
To get the spot price value, check your local newspapers or several online websites that show updates of the latest changes of gold and silver price in the international market. Suppose that the theoretical spot price of silver is $16. Multiply the spot price by the amount of silver in a 90 percent silver dime coin, which is 0.0723. You’ll discover that the dime will cost $1.16.
Don’t fret if you are not good with math. There are a number of websites that have online calculators that will do all the calculations for you.