Free tool

Coin Melt Value Calculator

The precious-metal floor under your coins. Enter today's spot price (check any metals site), pick your coins, and see what the silver or gold alone is worth — collector value comes on top.

Defaults are placeholders — update with today's spot prices for accurate results.

Silver coins (90%)

Morgan / Peace dollar (1878–1935) $0.00
Half dollar 1964 & earlier $0.00
Quarter 1964 & earlier $0.00
Dime 1964 & earlier $0.00

Other silver

Kennedy half 1965–1970 (40%) $0.00
War nickel 1942–45 (35%) $0.00
American Silver Eagle (1 oz) $0.00

Gold coins

$20 double eagle (0.9675 oz) $0.00
$10 gold eagle (0.4838 oz) $0.00
$5 half eagle (0.2419 oz) $0.00
British sovereign (0.2354 oz) $0.00
Krugerrand (1 oz) $0.00
American Gold Eagle (1 oz) $0.00
Total melt value
$0.00
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How melt value works

Every pre-1965 US dime, quarter, half dollar and dollar is 90% silver. Multiply the coin's actual silver weight (ASW) by the current spot price and you get its melt value — the guaranteed minimum any bullion dealer will recognize. Kennedy halves from 1965–1970 are 40% silver, and wartime nickels (1942–1945 with a large mint mark over Monticello) are 35% silver.

Two warnings from the numismatist's side: never clean coins to "improve" them for sale, and never melt or sell a coin as bullion before checking its collector value — a worn 1916-D Mercury dime is worth about $2 in silver and over $800 to a collector.

Is it legal to melt silver coins?

In the United States, yes — melting silver coins is legal (melting pennies and nickels is not). Most people sell "junk silver" to dealers rather than actually melting it.

Where do I find the current spot price?

Any precious metals site (Kitco, APMEX, JM Bullion) or a web search for "silver spot price" shows the live number. Enter it above for accurate results.

Will a dealer pay full melt value?

Typically 90–98% of melt for common "junk silver", depending on quantity and the dealer. Anything collectible should be priced as a coin, not as metal — scan it first.