Silver Price Today

Silver Price History & Analysis

The current silver spot price is $79.228 per troy ounce. Over the past 30 days, silver has traded between $67.67 and $80.26, with an average price of $73.87. Use the interactive chart above to explore different timeframes and identify price trends.

Why Silver Prices Matter for Coin Collectors

Silver prices directly impact the melt value of coins containing silver. For bullion coins like American Silver Eagles, Morgan Dollars, and pre-1965 US dimes, quarters, and half dollars, the spot price establishes a floor value that fluctuates with global commodity markets. Understanding silver price trends helps collectors and investors determine whether a coin is trading at, above, or below its intrinsic metal content value.

How to Calculate Silver Melt Value

A coin's silver melt value is calculated by multiplying its silver content (weight in troy ounces multiplied by purity) by the current spot price. For example, a coin weighing 31.1 grams of pure silver (one troy ounce) would have a melt value of $79.228 at today's prices. Our coin encyclopedia automatically calculates melt values for every coin with known weight and composition data, using live silver spot prices updated throughout the trading day.