Hong Kong 1 Dollar Silver Melt Value (1866–1868)

A Hong Kong 1 Dollar (Silver) contains 0.7800 troy oz of pure silver, worth $42.16 at today's spot price.

Hong Kong struck the 1 Dollar silver coin from 1866 to 1868 in 90% silver. Each coin weighs 26.957 g and holds 0.7800 troy oz (24.261 g) of pure silver. The dollar was also used in Canada, China, Great Britain, Hawaii, Liberia, Newfoundland and other countries.

1866–1868

$42.16 melt value per coin

0.7800 troy oz silver · 90% 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 1866–1868
Face value 1 Dollar
Composition 90% silver
Gross weight 26.957 g
Fineness .900 (90%)
Pure metal 0.7800 troy oz (24.261 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.

  • 26.957 g × .900 fine ÷ 31.1035 g per troy oz = 0.7800 troy oz
    0.7800 troy oz × $54.05 spot = $42.16

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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