An Austria 1 Schilling (80% Silver, 1924) contains 0.1800 troy oz of pure silver, worth $9.73 at today's spot price.
Austria struck the 1 Schilling silver coin in 1924 in 80% silver. Each coin weighs 7 g and holds 0.1800 troy oz (5.600 g) of pure silver.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 7:10 PM EDT
Some prices could not be refreshed recently and may be out of date.
Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.
Specifications
| Years | 1924 |
|---|---|
| Face value | 1 Schilling |
| Composition | 80% silver |
| Gross weight | 7 g |
| Fineness | .800 (80%) |
| Pure metal | 0.1800 troy oz (5.6 g) |
How the melt value is worked out
Melt value is the pure silver in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.
-
7 g × .800 fine ÷ 31.1035 g per troy oz = 0.1800 troy oz
0.1800 troy oz × $54.05 spot = $9.73
Melt value vs. collector value
Melt value is a floor, not a price. Better dates, coins with mint luster and graded coins often sell well above melt; key dates and rare varieties can be worth many times more. Check the date and mint mark before selling a coin for its metal.