The value of Franklin Mint and other private mint sets are based primarily the silver bullion value, but other factors include rarity, condition, attractiveness, completeness, etc. Start with the bullion value. The Rockwell's Fondest Memories set has 10 1500-grain sterling silver ingots. Silver bullion value as of today is calculated as follows: (1500 grains*10 ingots = 15000 grains; 15000 grains/480 grains/oz = 31.25 troy oz Sterling; 31.25 oz * 0.925 purity = 28.9 oz. pure silver; 28.9 oz silver @ $13.67/oz = $395). The silver price is constantly changing, so the bullion value changes with it. This particular set is not unusually rare. If you are buying this set from a coin dealer or website, expect to pay a 20%-30% premium over the bullion value. If you are selling, expect to get an offer of 20%-30% less. For details of this particular set, you can check it out on my website at http://www.franklin-mint-silver.com/franklin-mint-rockwells-fondest-memories-ingots.htm.
If you have the Sterling Silver version (says Sterling on the edge) figure roughly the melt value of 1 oz. of silver - $10-$15. ::further contribution:: Actually, the sterling silver Roberts Zodiac coins have no sterling content marking whatsoever. In terms of value, it depends on whether or not you have the mini coin or the large size. The large coin is 7/8 oz silver.
Sterling Silver Set Value: $225
Because sterling silver is an alloy, most of the value in the object. There are calculators for the melt value of sterling silver. In August 2016, the value was $15.52 per troy oz.
With current market prices of silver, a (pure silver) grain is worth around 5 cents, 500 grains would give you about $25, but since your silver round is sterling, you need to multiply that $25 by .925 (the fineness of sterling silver) which gives you about $23.12 in silver value. Most likely, your silver round contains no collectible value, but you may want to check auction sites to see if it commands a premium over the silver content. Most privately made silver rounds do not, but there are a few collectors out there.
No, nickel silver and sterling silver are not the same value. Sterling silver is a precious metal composed of 92.5% silver, while nickel silver is an alloy of nickel, copper, and zinc that does not contain any silver. Sterling silver is typically more valuable than nickel silver.
Whatever the spot value of silver is times the total weight of pure silver in the set less all the fees the leeches in between you and the buyer will take.
Your medallion is one (1) troy ounce of sterling silver (.925) which has an intrinsic value of about $30 right now.
Multiply spot silver (currently $31.68) times .925 (sterling silver pct) = $29.30 That is your silver value. The numismatic value is what any one is willing to pay for it, probably not much more than spot.
Typically the value of Franklin Mint items is its melt value. This is the value of the silver if the item was melted down for its scrap value.Keep in mind that Franklin Mint uses Sterling Silver. It is only 92.5% silver. Pure silver is 99.9% silver. So the melt value is adjusted accordingly. A good rule of thumb is to expect to get about 80% of the price of pure silver.That said, like with any collectible, it is worth what someone else is willing to pay. If you happen to find someone who wants it and values it for more than the melt value, then count yourself lucky, and sell it to them.---- It depends...I sold franklin mint comentaritves for 100 times what they were purchased.But if they had been platinum.. .it would have been 500 times what they were when bought.However they were presidential commentarives..Btw,Franklin mint doesnt use exclusive Sterling Silver... I have franklin mint items that are higher than 92.5% ... However otherwise the above info is good.
Typically the value of Franklin Mint items is its melt value. This is the value of the silver if the item was melted down for its scrap value.Keep in mind that Franklin Mint uses Sterling Silver. It is only 92.5% silver. Pure silver is 99.9% silver. So the melt value is adjusted accordingly. A good rule of thumb is to expect to get about 80% of the price of pure silver.That said, like with any collectible, it is worth what someone else is willing to pay. If you happen to find someone who wants it and values it for more than the melt value, then count yourself lucky, and sell it to them.---- It depends...I sold franklin mint comentaritves for 100 times what they were purchased.But if they had been platinum.. .it would have been 500 times what they were when bought.However they were presidential commentarives..Btw,Franklin mint doesnt use exclusive Sterling Silver... I have franklin mint items that are higher than 92.5% ... However otherwise the above info is good.
Typically the value of Franklin Mint items is its the melt value. This is the value of the silver if the item was melted down for its scrap value. Keep in mind that Franklin Mint uses Sterling Silver. It is only 92.5% silver. Pure silver is 99.9% silver. So the melt value is adjusted accordingly. A good rule of thumb is to expect to get about 80% of the price of pure silver. That said, like with any collectible, it is worth what someone else is willing to pay. If you happen to find someone who whats it and values it for more than the melt value, then count yourself lucky. And sell it to them. R.H.