A Greece 20 Drachmai (83.5% Silver, 1960, 65) contains 0.2013 troy oz of pure silver, worth $10.88 at today's spot price.
Greece struck the 20 Drachmai silver coin in 1960, 65 in 83.5% silver. Each coin weighs 7.5 g and holds 0.2013 troy oz (6.262 g) of pure silver. The drachma was also used in Crete.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 25, 2:09 AM 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Some prices could not be refreshed recently and may be out of date.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 | 1960, 65 |
|---|---|
| Face value | 20 Drachmai |
| Composition | 83.5% silver |
| Gross weight | 7.5 g |
| Fineness | .835 (83.5%) |
| Pure metal | 0.2013 troy oz (6.263 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.
-
7.5 g × .835 fine ÷ 31.1035 g per troy oz = 0.2013 troy oz
0.2013 troy oz × $54.05 spot = $10.88
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.