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What is a 1971 500 grains sterling silver Joseph Burton hastings jr private treasury coin worth?
Wiki User
∙ 13y ago
With current market prices of silver, a (pure silver) grain is worth around 5 cents, 500 grains would give you about $25, but since your silver round is sterling, you need to multiply that $25 by .925 (the fineness of sterling silver) which gives you about $23.12 in silver value. Most likely, your silver round contains no collectible value, but you may want to check auction sites to see if it commands a premium over the silver content. Most privately made silver rounds do not, but there are a few collectors out there.
Wiki User
∙ 13y ago
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