A Norway 50 Ore / 15 Skilling (Silver) contains 0.0965 troy oz of pure silver, worth $5.21 at today's spot price.
Norway struck the 50 Ore / 15 Skilling silver coin from 1874 to 1875 in 60% silver. Each coin weighs 5 g and holds 0.0965 troy oz (3.000 g) of pure silver. The ore was also used in Denmark, Faeroe Islands, Greenland and Sweden.
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Some prices could not be refreshed recently and may be out of date.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 | 1874–1875 |
|---|---|
| Face value | 50 Ore / 15 Skilling |
| Composition | 60% silver |
| Gross weight | 5 g |
| Fineness | .600 (60%) |
| Pure metal | 0.0965 troy oz (3 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.
-
5 g × .600 fine ÷ 31.1035 g per troy oz = 0.0965 troy oz
0.0965 troy oz × $54.05 spot = $5.21
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.