Junk Silver Coins Value Guide
Pre-1965 U.S. coins are 90% silver — find out what yours are worth at today's spot price.
Silver Coin Value Guide · 2026Junk silver is the collector term for pre-1965 U.S. coins — dimes, quarters, half dollars, and dollars — that contain 90% silver but have no significant numismatic premium above their metal content. The word "junk" is misleading: these coins are genuinely valuable, widely traded, and represent one of the most accessible ways to own physical silver. A $1,000 face value bag of junk silver contains approximately 715 troy ounces of pure silver — with silver trading near $69/oz in late August 2026, that bag is worth roughly $47,000–$52,000, though silver has moved sharply this year and the exact figure depends on the day's spot price. Use the free Silver Coin Melt Calculator to calculate exact melt values at today's spot price.
Silver Coin Melt Value Calculator
Enter today's silver spot price and the quantity of each coin type you have. All melt values update instantly. For a dedicated calculator with the full silver content reference table, see the Silver Coin Melt Calculator.
Calculate Your Coins at Today's Spot Price
Enter the current silver spot price and how many of each coin you have. Values update instantly.
| Coin | Silver (oz) | Qty | Melt Value |
|---|
Melt values are estimates based on standard silver content and the spot price entered above (defaulted to a recent price as of late August 2026). Actual content may vary slightly by date and mint, and silver prices move throughout the trading day. Not financial advice.
The $1,000 Face Value Bag — The Standard Unit
Junk silver is commonly bought and sold in $1,000 face value bags — a unit that contains coins totaling $1,000 in face value. A $1,000 bag of 90% silver coins (dimes, quarters, or half dollars) contains approximately 715 troy ounces of pure silver. At $69/oz spot — roughly where silver has traded in late August 2026 — that bag is worth approximately $49,335 in metal value. Dealers typically sell at a premium above spot — commonly 5–15% for bags — and buy at a slight discount.
| Denomination | Face Value | Coins Needed | Silver Oz | Value at $69/oz |
|---|---|---|---|---|
| Dimes (90%) | $1.00 | 10 coins | 0.723 oz | ~$49.89 |
| Quarters (90%) | $1.00 | 4 coins | 0.723 oz | ~$49.89 |
| Halves (90%) | $1.00 | 2 coins | 0.723 oz | ~$49.89 |
| Halves (40%, 1965–70) | $1.00 | 2 coins | 0.296 oz | ~$20.42 |
| Morgan/Peace Dollar | $1.00 | 1 coin | 0.7735 oz | ~$53.37 |
| $1,000 face bag (90%) | $1,000 | Various | ~715 oz | ~$49,335 |
Figures above use $69/oz as a representative spot price as of late August 2026. Silver has been unusually volatile this year — use the calculator above for a value based on today's actual spot price.
Which Coins Qualify as Junk Silver?
The term applies to any U.S. coin containing silver that trades at or near its metal content rather than for a numismatic premium. The key dividing line is condition and date — a common-date Washington quarter in VG condition is junk silver; a 1932-D Washington quarter in VF condition is a numismatic collectible worth far more than melt. Here's the standard breakdown:
Dimes: Mercury dimes (1916–1945) and Roosevelt dimes (1946–1964) in circulated condition. The 1916-D and other key dates command numismatic premiums — those are not junk silver.
Quarters: Washington quarters (1932–1964) and Standing Liberty quarters (1916–1930) in circulated condition. Key dates like the 1916 Standing Liberty and 1932-D/S Washington quarters are numismatic, not junk.
Half dollars: Walking Liberty (1916–1947), Franklin (1948–1963), and 1964 Kennedy halves for 90% silver. Kennedy halves from 1965–1970 are 40% silver — worth less per coin than 90% halves. Morgan and Peace dollars also qualify, though their numismatic premium often exceeds pure melt value.
Buying and Selling Junk Silver
Local coin dealers are the most practical source for junk silver — you can inspect coins in person and avoid shipping costs. Premiums over spot at dealers typically run 10–20% for buying and 5–10% below spot when selling back. eBay is an active junk silver market with competitive pricing but adds shipping and buyer's premium considerations. Major online bullion dealers sell junk silver bags and rolls at published premiums over spot — see the dealer section below for our vetted picks.
When selling, get quotes from at least two or three sources before committing. Pawn shops typically offer the lowest prices — 60–70% of spot value is common. Coin dealers average 85–90% of spot. Online platforms can achieve spot or better for desirable denominations in well-described lots.
Compare junk silver premiums before you buy — reference books and price guides can help you spot a fair deal.
Silver Investing Books on AmazonWhere to Buy Junk Silver Online
These trusted dealers sell 90% silver bags, rolls, and individual coins at published premiums over spot — with secure insured shipping and transparent buyback programs.
JM Bullion
Money Metals Exchange
SD Bullion
Silver Gold Bull
eBay
Amazon
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Frequently Asked Questions
What years of quarters are silver?
How do I calculate the melt value of silver coins?
Are 1965–1970 Kennedy half dollars silver?
What is the best denomination to buy for junk silver?
How much is a 90% silver dime worth today?
Is junk silver a good investment?
This book focuses on the practical process of selling junk silver coins. Instead of relying on complicated financial theory, the guide explains how real transactions work in everyday situations.
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