A Lebanon 10 Piastres (Silver) contains 0.0437 troy oz of pure silver, worth $2.36 at today's spot price.
Lebanon struck the 10 Piastres silver coin from 1929 to 1952 in 68% silver. Each coin weighs 2 g and holds 0.0437 troy oz (1.360 g) of pure silver. The piastre was also used in Cambodia, Cyprus, Egypt, French Cochin China, French Indo-China, Libya and other countries.
Melt values use these spot prices (US dollars):
- Silver $54.05 per troy oz Current quote · Quote time Oct 23, 10:29 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Some prices could not be refreshed recently and may be out of date.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 | 1929–1952 |
|---|---|
| Face value | 10 Piastres |
| Composition | 68% silver |
| Gross weight | 2 g |
| Fineness | .680 (68%) |
| Pure metal | 0.0437 troy oz (1.36 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 g × .680 fine ÷ 31.1035 g per troy oz = 0.0437 troy oz
0.0437 troy oz × $54.05 spot = $2.36
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.