About Silver Content in Coins

The silver content in coins varies based on their type. As of a specific date, here are the approximate silver percentages for the coins in this calculator:

• Morgan/Peace Dollars: 90% silver
• Half-Dollars: 90% silver
• Quarters: 90% silver
• Dimes: 90% silver

Formula Used for Melt Value Calculation

The melt value is calculated using the formula:

Melt Value = Silver Price * Silver Content Percentage

where Silver Price is the user-input silver price per ounce and Silver Content Percentage is the percentage of silver in the specific coin.