Syria 10 Piastres Silver Melt Value (1929)

A Syria 10 Piastres contains 0.0437 troy oz of pure silver, worth $2.36 at today's spot price.

Syria struck the 10 Piastres silver coin in 1929 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, Lebanon and other countries.

1929

$2.36 silver melt value per coin

0.0437 troy oz silver · 68% silver

Melt values use these spot prices (US dollars):

  • Silver $54.05 per troy oz Current quote · Quote time Oct 25, 2:59 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 1929
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.

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