The Clad Silver Value calculator computes Clad Silver (1965-1970) the current value for U.S. silver half dollars with dates between 1965 to 1970, based on the dollar Face Value (D), a Clad Silver factor (CS) and the current Silver Spot Price ($28.65/Troy Ounce).
INSTRUCTIONS: Enter the following:
Clad Silver Value: The calculator returns the value of the clad silver in U.S. dollars. However this can be automatically converted to other currencies via the pull-down menu.
The Face Value is the sum of the face value of the coins. If the user had three(3) U.S. half dollars, the Face Value would be 3* .50 = $1.50.
Clad Silver consists of U.S. half dollars (see picture) minted between 1965 and 1970 with no numismatic value. These are often coins that are worn and have lost any value outside of the silver content. During this period, 1965 to 1970, the U.S. Mint stamped its Kennedy half dollars with .4 silver content. Prior to 1965, half dollars and all silver U.S. coins had 90% silver (see Junk Silver). The Kennedy Half dollar coins during this period had the following specifications:
The Clad Silver Factor is used to discount the face value from the pure bullion value. A Clad Silver factor of 0.291is offered as a default. This is 2% refinement fee on top of the spot silver value.
SPOT comes from /www.xmlcharts.com/cache/precious-metals.xml