Dominican Republic 50 Centesimos Silver Melt Value (1891)

A Dominican Republic 50 Centesimos (Silver) contains 0.0671 troy oz of pure silver, worth $3.63 at today's spot price.

Dominican Republic struck the 50 Centesimos silver coin in 1891 in 83.5% silver. Each coin weighs 2.5 g and holds 0.0671 troy oz (2.087 g) of pure silver. The centesimo was also used in Chile, Panama, Paraguay and Uruguay.

1891

$3.63 silver melt value per coin

0.0671 troy oz silver · 83.5% silver

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 24, 2:49 AM 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 1891
Face value 50 Centesimos
Composition 83.5% silver
Gross weight 2.5 g
Fineness .835 (83.5%)
Pure metal 0.0671 troy oz (2.088 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.

  • 2.5 g × .835 fine ÷ 31.1035 g per troy oz = 0.0671 troy oz
    0.0671 troy oz × $54.05 spot = $3.63

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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