Melt Values and Melt Value Price
Coin enthusiasts are generally more concerned with the collectibility of a piece — its value as art and history — rather than its Precious Metal content. However, the best way to understand the value of the art, history, and scarcity of a coin is to know the value of the metal content. Fortunately, that is easy to learn.
Melt value simply refers to the spot price of the actual Precious Metal content of a given piece. For example, if you buy a 1 oz Gold Mexican Libertad for a competitive $1,800 and you know the melt value of that ounce of Gold is $1,500, you can calculate the exact premium you’re paying. This helps you determine not only the dollar value placed on the Libertad’s beauty, mintage, and place in history, but you can see your coin retailer does not engage in price-gouging. This allows numismatists to make informed, reasoned decisions about how to spend their dollar.
MELT VALUE OF SILVER TODAY
Silver coin melt values and Gold coin melt values are naturally different due to the vast discrepancy in their intrinsic value. However, understanding one easily transfers to understanding the other.
SILVER COINS, SILVER COLLECTIBLES AND MELT VALUE
Silver coins are highly collectible, like works of art. Silver collectibles are generally looked at in the same way, valued more for their form than their content. The price of Silver collectibles reflects their beauty and desirability far more than their Silver weight. But they also have melt value that is often overlooked. Your great-grandmother’s coffee server, your father’s heirloom money clip and the bracelet you received for your last anniversary are all Precious Metals investments, even if we don’t think of them as such.