Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
$17.26 = silver price / ounce on Apr 27, 2016.
.40 = silver %
$2.2318 = copper price / pound on Apr 27, 2016.
.60 = copper %
11.5 = total weight in grams
.0321507466 = ounce/gram conversion factor
.00220462262 = pound/gram conversion factor (see note directly below)
The CME uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.
1. Calculate 40% silver value :
(17.26 × .0321507466 × 11.5 × .40) = $2.5526406770
$2.5526 is the rounded silver value for the 1965-1970 silver Kennedy half dollar on April 27, 2016. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.
2. Calculate 60% copper value :
(2.2318 × .00220462262 × 11.5 × .60) = $0.0339495
3. Add the two together :
$2.5526406770 + $0.0339495 = $2.5865901770
$2.5865901770 is the total melt value for the 1965-1970 silver Kennedy half dollar on April 27, 2016.
$17.26 = silver price / ounce on Apr 27, 2016.
.40 = silver %
$2.2318 = copper price / pound on Apr 27, 2016.
.60 = copper %
11.5 = total weight in grams
.0321507466 = ounce/gram conversion factor
.00220462262 = pound/gram conversion factor (see note directly below)
The CME uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.
1. Calculate 40% silver value :
(17.26 × .0321507466 × 11.5 × .40) = $2.5526406770
$2.5526 is the rounded silver value for the 1965-1970 silver Kennedy half dollar on April 27, 2016. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.
2. Calculate 60% copper value :
(2.2318 × .00220462262 × 11.5 × .60) = $0.0339495
3. Add the two together :
$2.5526406770 + $0.0339495 = $2.5865901770
$2.5865901770 is the total melt value for the 1965-1970 silver Kennedy half dollar on April 27, 2016.



















