Scandinavian Monetary Union 2 Kroner/kronor Silver Melt Value (1874–1958)

A Scandinavian Monetary Union 2 Kroner/kronor (Silver) contains 0.3858 troy oz of pure silver, worth $20.85 at today's spot price.

Members of the Scandinavian Monetary Union struck the 2 Kroner/kronor silver coin from 1874 to 1958 in 80% silver. Each coin weighs 15 g and holds 0.3858 troy oz (12.000 g) of pure silver.

1874–1958

$20.85 melt value per coin

0.3858 troy oz silver · 80% 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

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 1874–1958
Face value 2 Kroner/kronor
Composition 80% silver
Gross weight 15 g
Fineness .800 (80%)
Pure metal 0.3858 troy oz (12 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.

  • 15 g × .800 fine ÷ 31.1035 g per troy oz = 0.3858 troy oz
    0.3858 troy oz × $54.05 spot = $20.85

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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