Silver Coin Buyers NYC · Diamond District
We pay up to 30× face value on all pre-1964 US silver coins. Morgan Dollars, Peace Dollars, Walking Liberty, Mercury Dimes — priced at live silver spot. Cash same day.
Pre-1964 US Silver Coins
Pre-1964 US silver coins — commonly called “junk silver” — are among the most actively traded silver products in the world. Despite the nickname, there’s nothing junk about them. They contain real 90% silver and trade at prices directly tied to the live silver spot market.
Buyers of New York has been buying junk silver coins in the Diamond District since 1993. We pay live spot-based pricing on every denomination — Morgan Dollars, Peace Dollars, Walking Liberty halves, Franklin halves, Washington quarters, Mercury dimes, Roosevelt dimes, and Barber coins. Individual coins, rolls, bags, and large collections all welcome.
We also assess key-date and rare coins for numismatic premium above melt. Don’t melt a rare-date Morgan or a key-date Barber quarter without getting a proper assessment first — the collector value can be multiples of the silver content.
Current Buy Prices — Live Silver Spot
| Coin | Silver Content | Our Price |
|---|---|---|
| Morgan Dollar & Peace Dollar (1935 & earlier)90% | 0.7735 oz silver | Live |
| Walking Liberty & Franklin Half (1964 & earlier) | 0.3617 oz silver | Live |
| Washington & Standing Liberty Quarter (1964 & earlier) | 0.1808 oz silver | Live |
| Mercury & Roosevelt Dime (1964 & earlier) | 0.0723 oz silver | Live |
| War Nickels 1942–45 (Large Mint Mark) | 0.0563 oz silver | Live |
| 40% Clad Ike Dollar (S-Mint, 1971–74) | 0.3161 oz silver | Live |
| 40% Kennedy Half (1965–69) | 0.1479 oz silver | Live |
| 80% Canadian Silver Dollar (1967 & earlier) | 0.600 oz silver | Live |
| 80% Canadian Half Dollar (1967 & earlier) | 0.300 oz silver | Live |
| 80% Canadian Quarter (1966 & earlier) | 0.150 oz silver | Live |
| 80% Canadian Dime (1966 & earlier) | 0.060 oz silver | Live |
| $1,000 Face Value Bag (90% US silver) | ~715 oz silver | Live |
“A $1,000 face value bag of pre-1964 junk silver contains approximately 715 troy ounces of actual silver — worth significantly more than its face value. At current silver prices, we pay market rates based on real silver content, not a lowball number.”
Buyers of New York — Diamond District, NYCWhat Is Junk Silver & How Is It Priced?
The term “junk silver” refers to pre-1965 US coins minted with 90% silver content that have no significant numismatic or collector value beyond their silver melt value. This includes Morgan Dollars, Peace Dollars, Walking Liberty halves, Franklin halves, Washington quarters, Mercury dimes, and Roosevelt dimes (1964 and earlier).
These coins were taken out of circulation when the US switched to copper-nickel clad coinage in 1965. The silver content is precisely known and standardized — making them easy to price and trade based purely on the live silver spot price.
A $1,000 face value bag (1,000 silver dollars, 4,000 quarters, 10,000 dimes, or any combination) contains approximately 715 troy ounces of silver. This is the standard trading unit for junk silver in the dealer market.
How we price them: Silver content × current spot price × our payout percentage. We show you exactly what spot price we’re using and how we calculated your offer before you accept anything.
Key Date Coins — Worth More Than Melt
Not all pre-1964 coins are pure junk silver. Certain dates and mint marks carry significant collector premiums above melt value. If you have any of the following, make sure to get a proper numismatic assessment before selling for melt:
Why Sellers Choose Us
We check live silver spot before every offer. Your payout is calculated against what silver is worth right now — not a fixed price sheet. We show you the spot price we’re using before making any offer.
Pre-1964 silver coins contain 90% silver worth dramatically more than face value. At current spot prices, a Morgan Dollar is worth many times its $1 face. We pay based on actual silver content.
We identify rare dates and mint marks that carry collector premiums above melt. A 1916-D Mercury Dime or an 1893-S Morgan Dollar is worth far more than silver melt — we pay accordingly.
Single coins, rolls, bags, monster boxes — we buy any quantity. For large lots (500+ oz silver), call ahead so we can prepare. Same-day cash on everything.
80% Canadian silver coins (1967 and earlier) are priced at 80% of silver spot. We buy Canadian Dollars, halves, quarters, and dimes at full market value.
Operating at 30 W. 47th Street since 1993. Thousands of silver coin transactions. A reputation built on transparent pricing and fair offers every single time.
Common Questions
Find Us
30 W. 47th Street, Suite 8006, New York, NY 10036 · One block from Rockefeller Center · Elevator to 8th floor.
📍 Elevator to 8th floor · Mon–Fri 10am–6pm · Walk-ins always welcome · B/D/F/M to 47-50th St Rockefeller Center
Live spot pricing. Up to 30× face value. Key dates assessed. Cash same day.
30 W. 47th St, Suite 8006 · Mon–Fri 10am–6pm · Walk-Ins Welcome · No Appointment Needed