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Good Deal? Please educate me on "junk silver"

I bought 1000 dollars in quarter silver dollars today. $73.75 face value. Was that a good deal? How can I know how much actual silver I have? There is a formula for conversion. Thanks for your help.



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If they are all dated 1964

If they are all dated 1964 or earlier, you got a good deal.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

Yes

Yes, they are. Thanks!

After accounting for typical

After accounting for typical wear, you bought about 52.75 ounces of fine silver at about $18.96 per ounce. That's actually less per coin than APMEX is asking for $100 face of Washington quarters.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

She meant

close to Spot price

I guess I'm ignorant...

what is 'Spot price'?

(I purchased them at our local coin shop in Fairbanks, Alaska)

?

I paid $1000.00.