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Learn more Silver was a popular metal used in coins for centuries, until its price reached the point that the metal in the coins exceeded the face value of the dimes, quarters, and half dollars that used it. While its price is significantly less per ounce than that of gold, some choose to melt old silver coins that are too damaged to have collector value to recover the silver in them.
Before melting your silver coins, make sure to put on protective gear, including safety goggles and a heat-resistant apron. Then, place the coins in a crucible or on a brick in a single layer, light a blowtorch, and pass the flame over the coins evenly. Alternatively, let the silver cool in your crucible on on your brick to turn it into a silver nugget.
To learn more, including how to clean your silver coins before melting them, scroll down! Did this summary help you? Yes No. Log in Social login does not work in incognito and private browsers. Please log in with your username or email to continue. No account yet? Create an account. Edit this Article. We use cookies to make wikiHow great. By using our site, you agree to our cookie policy. Cookie Settings. Learn why people trust wikiHow. Download Article Explore this Article parts.
Tips and Warnings. Things You'll Need. Related Articles. Article Summary. Part 1. Choose a non-metallic container. It should be more than large enough to hold the coins you want to clean. Place a sheet of aluminum foil at the bottom of your container. Unroll a sheet of aluminum just large enough to cover the bottom of your container and cut to size.
Boil water and pour it into the container. Pour water into a saucepan and bring it to a boil on a stovetop. You may want to wear gloves or oven mitts in case the water splashes. Add salt and baking soda to the container. Does not include any copper value or weight.
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Calculate by Total Quantity of Silver Dimes:. Total Rolls 50 coins ea. Calculate by Total Weight of Silver Dimes:. Total Ounces Not Troy of U. Total Pounds of U.
Total Grams of U. They do not like coins because coins cost more to make than paper or plastic sheets. And they really hate it during the times when commodity prices rise to the point where they LOSE money making coins. That happens when the price of the metal in the coin rises so high that it costs the government MORE to buy the metal and do the labor and shipping of the coins than the face value of the coin.
When that happens and stays that way, the government usually does two things. First they make it illegal to met or export the coins. Because if they did not, users of those metals in the U. It would be a cheaper way to get silver or nickel or copper or zinc or whatever the metal was. Anyone who buys coins when the metal in them—called melt value—exceeds the face value, makes an instant profit. The Federal Reserve delivered them to his warehouse in Dallas at zero cost.
When the melt value of a coin exceeds the face value, they outlaw melting or exporting it. They did that with silver coins—dimes, quarters, and half dollars—back in the s. The other thing they do is announce that they are no longer going to mint the coin in question out of that metal. They did that back in the s with regard to those silver coins. US Gold Buffalos. Australian Gold Coins. British Gold Coins. Chinese Gold Pandas.
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