A Japan 1,000 Yen (Silver) contains 0.5948 troy oz of pure silver, worth $32.15 at today's spot price.
Japan struck the 1,000 Yen silver coin in 1964 in 92.5% silver. Each coin weighs 20 g and holds 0.5948 troy oz (18.500 g) of pure silver.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 7:19 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Some prices could not be refreshed recently and may be out of date.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 | 1964 |
|---|---|
| Face value | 1,000 Yen |
| Composition | 92.5% silver |
| Gross weight | 20 g |
| Fineness | .925 (92.5%) |
| Pure metal | 0.5948 troy oz (18.5 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.
-
20 g × .925 fine ÷ 31.1035 g per troy oz = 0.5948 troy oz
0.5948 troy oz × $54.05 spot = $32.15
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.