July 25, 2009 The value of a 1 oz. silver coin can depend upon which coin you have. Generally speaking however, their value is never less than the market price of silver which is $13.87 USD today.
Silver currently trades at 67p per gram. A one ounce coin is 28.28grams (a troy ounce is 31.1grams). The silver in modern coins is normally sterling silver, which is 925 parts per thousand silver. This works out at a bullion value of £17.50 for just the silver. However coin production costs money. These costs are shared between the production volume. Austrian philharmonic coins are made in larger quantities than royal mint britannias, so are usually cheaper. They get more use out of the moulds etc.
The uk royal mint however do charge a fairly large premium for there coins, and a Britannia with a nice box and a certificate would sell on eBay for almost £50. Philharmonics sell for £30-£32.
Silver versions of currency sell for a little less as the silver content is lower. £1 coins sell for about £15. £2 coins sell for about £20.
If they are graded by a grading company, they are worth a premium price. If they are ungraded and used only for bullion, you can usually add one or two dollars to the spot value.
28.34195231
This is a common error. 28.34 is the number of grams in the Avoirdupois ounce whereas when it comes to gold and silver bullion, the troy ounce is used which is 31.1 grams.
The market price of silver fluctuates daily. As of 20 July 2012, it's worth $27.29 per ounce.
It worth 1.1 Oz. of silver.
$69,000,000.00
32
whatever 1 oz. of silver is worth
That is actually a one troy oz round of silver. so whatever the spot price of silver is at the time.
It'll be worth the value of silver per oz. Currently about 33 dollars.
About $24.00, that's the average spot price of silver today.
multiply the weight of the coin in troy oz. times .720 (% of silver in the coin) times the price of silver at the moment, from <http://www.kitco.com>
It is worth what 1 oz of silver is worth which at the time of writing is $27.59 but silver changes in prices very frequently.
This is a bullion coin sold for its silver value, currently about $17/oz. The "$1" denomination is artificial.
spot silver, usually. I am looking right now at a 1 troy pound silver "eagle" round. 13.5 oz at about 19.5 dollar/oz your price depends on the coin and its weight
Spot price of silver right now is $17.66 per oz. so a buy price of about $15.00 As of 1-16-2011 1 troy oz now worth $28.17