as what you can expect to get if you want to sell. On silver the spread is much bigger than gold when you buy so keep that in mind. For example if you are buying a 64 Kennedy and silver is 30 bucks an ounce, the actual silver value there is 30*.90/31.1 multiplied by the weight of the coin. So its 30 bucks times 90% divided 31.1 for grams per ounce time 12.3 grams which is what a half dollar weighs.
Doing the above you get a melt value of about $10.5 unfortunately if you wanted to sell it back to the dealer or even directly to the refiner what you would get will be closer to 22.95 an ounce divided by 31.1 which is 73 cents a gram and therefore you will only get about 9 bucks for the coin tops. This is because a refiner or dealer will only buy for what it will cost to refine the coin which is about 85% of the value of the silver content. So you would have to wait for the price of silver to go up to about 35 bucks an ounce before you break even.
always try to buy below melt value, a local coin shop might sell below "melt value" because they will take a hit from the refiner if they sell at "melt value" anyway.
Hope this helps and that you can understand it.
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