I still find some silver in my change once and a while. I believe the Kennedy half throught 67-69 was still 64% silver. Here's a break down of a 1964 ken half. Somebody on Craigs is offering 8.00.
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
$34.20 = silver price / ounce on Mar 03, 2011. .90 = silver % $4.4691 = copper price / pound on Mar 03, 2011. .10 = copper % 12.5 = total weight in grams .0321507466 = ounce/gram conversion factor .00220462262 = pound/gram conversion factor (see note directly below)
The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.
$12.3699 is the rounded silver value for the 1964 silver Kennedy half dollar on March 03, 2011. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.
2. Calculate 10% copper value :
(4.4691 × .00220462262 × 12.5 × .10) = $0.0123155
3. Add the two together :
$12.3699997543 + $0.0123155 = $12.3823152543
$12.3823152543 is the total melt value for the 1964 silver Kennedy half dollar on March 03, 2011.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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