RSSThe Current Value of Silver Quarters (January 2012)
Jan 27
Investing silver quarters Comments Off
Have you ever found a silver quarter? These days you are pretty fortunate to find once since they are rather rare and with the price of silver at the current levels they are also quite valuable even for ones that don’t have numismatic value (i.e. Aren’t collectibles).
Right now silver prices are around thirty two dollars per ounce which puts the value of silver quarters at about five dollars and eighty cents per coin. Not bad for a 25 cent piece right?
Modern quarters are not worth nearly so much based on their metal content because they do not have any silver and instead are made of mostly zinc with some copper for good measure.
Other coins such as the nickel and penny are likely to see metal changes in the near future since in their current form some of them are worth more based on the metal content than the amount stamped on the face of the coin.