Denmark 5 Kroner Silver Melt Value (1960, 64)

A Denmark 5 Kroner (Silver) contains 0.4373 troy oz of pure silver, worth $23.63 at today's spot price.

Denmark struck the 5 Kroner silver coin in 1960, 64 in 80% silver. Each coin weighs 17 g and holds 0.4373 troy oz (13.600 g) of pure silver. The krone was also used in Greenland and Norway.

1960, 64

$23.63 melt value per coin

0.4373 troy oz silver · 80% 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

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 1960, 64
Face value 5 Kroner
Composition 80% silver
Gross weight 17 g
Fineness .800 (80%)
Pure metal 0.4373 troy oz (13.6 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.

  • 17 g × .800 fine ÷ 31.1035 g per troy oz = 0.4373 troy oz
    0.4373 troy oz × $54.05 spot = $23.63

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.

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