Buying US Silver Coins?

If you have $1.40 in any 90% denominations, it will add up to 1 troy ounce of silver. If silver is $30 a troy ounce (in the future, look back on this and laugh), a silver dollar (0.715 oz) will be worth at least $21.45. A half will be $10.73, a quarter will be $5.36, and a dime will be $2.15.

And if anyone tries selling you Canadian silver, be prepared! It's a different system at 80% purity where $1 will add up to 0.6 oz, and the last two silver years have varying percentages: 1967, where they were either 80% or 50% and are impossible to distinguish by eye, and 1968, where they were either 50% or worthless cupronickel (test with a magnet). And anything before 1919 will be 92.5% silver. It's a complicated system so it's a lot harder to buy junk silver up here ^_^

If you google silver melt value of coins several good websites come up that show you the current value and adjust their prices as the spot prices change.

You more than likely wont be able to buy them exactly for that and will have to pay a premium, generally speaking though the more you buy the lower the premium

Check your local coin shops if you have any as well. The local shop by me sells silver coins like pre 1964 dimes and quarters for around 20-23 times face value. Not saying that this is a huge bargain but at least you get to look at what you are buying before you just send an online company some money.

I get mine at my local coin shop. At todays's prices, they charge around $20-22 for $1 face of silver (except Morgans and Peace dollars)

The 0.715 multiplier does not work for U.S. silver dollars. It works for U.S. silver dimes, quarters and halves.

Silver dollars have more silver in them per unit of value (i.e. versus 2 halves) and nearly always have a numismatic premium unless they are severely damaged.

$1.30 in 90% silver dollars contains 1 troy ounce of silver.

$1.40 in 90% dimes, quarters, halves contain 1 toz.

Its for uncirculated. The only way to account for wear is to weight the actual coin in question but people generally dont nit pick about that since the loss is minimal unless its so worn it just looks like a disk

If you send in enough it will add up, but the overwhelming majority of the weight is in the disk itself not the details on either side. Places liek APMEX are going to resell it for spot anyway like it was all there so they dont really care/just kept it simple as opposed to weighing every single thing.