Luxembourg 20 Francs Silver Melt Value (1946)

A Luxembourg 20 Francs (Silver) contains 0.2282 troy oz of pure silver, worth $12.33 at today's spot price.

Luxembourg struck the 20 Francs silver coin in 1946 in 83.5% silver. Each coin weighs 8.5 g and holds 0.2282 troy oz (7.098 g) of pure silver. The franc was also used in Algeria, Austria, Belgian Congo, Belgium, Cambodia, Cameroon and other countries.

1946

$12.33 silver melt value per coin

0.2282 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 1946
Face value 20 Francs
Composition 83.5% silver
Gross weight 8.5 g
Fineness .835 (83.5%)
Pure metal 0.2282 troy oz (7.097 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.

  • 8.5 g × .835 fine ÷ 31.1035 g per troy oz = 0.2282 troy oz
    0.2282 troy oz × $54.05 spot = $12.33

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.

Related tools

Source

Spotted a mistake? Report a problem with this page

Reports go privately to the JinglePig team and are never published. The page address is included automatically. Please don’t include personal details. Privacy Policy