What is the value of a coin with .999 fine silver One Troy oz on it?

Ul>These trade based on the spot metal prices. As of Friday, July 16, 2004 at 19:00 ET, silver was trading at $6.71 / troy ounce. As of 3-11-08 at 8:54 a.m.

Silver is worth $19.93 per troy ounce. That's not entirely true, there is always cost ABOVE the spot price of silver or gold for any coin or bar. The spot price is the futures commodities market for the next year based on the busiest trading month.

It is a benchmark for silver and gold but certainly not the definitive price per ounce of silver or gold. One ounce silver eagles for example are now trading for $29 while the spot price for silver right now (09-18-09) is $17. It silver spot goes up to 18, the silver eagle would go up to $30.

While you did not describe the type of coin you have, I'm assuming that you have a silver bullion eagle.As of February 19, 2010, Coinbrag.com says silver is worth $16.29 per troy ounce. As evidenced by previous edits, the intrinsic value changes frequently.

These trade based on the spot metal prices. As of Friday, July 16, 2004 at 19:00 ET, silver was trading at $6.71 / troy ounce. As of 3-11-08 at 8:54 a.m.

Silver is worth $19.93 per troy ounce. That's not entirely true, there is always cost ABOVE the spot price of silver or gold for any coin or bar. The spot price is the futures commodities market for the next year based on the busiest trading month.

It is a benchmark for silver and gold but certainly not the definitive price per ounce of silver or gold. One ounce silver eagles for example are now trading for $29 while the spot price for silver right now (09-18-09) is $17. It silver spot goes up to 18, the silver eagle would go up to $30.

While you did not describe the type of coin you have, I'm assuming that you have a silver bullion eagle.As of February 19, 2010, Coinbrag.com says silver is worth $16.29 per troy ounce. As evidenced by previous edits, the intrinsic value changes frequently.

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