How much is a double dated liberty silver dollar worth?

What is a 1996 walkin liberty silver dollar coin worth ?

• .999 fine silver one troy ounce walking liberty silver dollar coin

• Answer:

  It's an American Silver Eagle bullion coin. The design from the 1916-1947 walking Liberty half dollar is used on the obverse. These bullion coins will always be worth what one Troy ounce of silver is worth on the spot market. Dealers may pay from one dollar over that when silver is especially hot (like it was a year ago and dealers couldn't get enough of them for their customers, who were paying as much as $10 over spot) to as much below spot price as they can get away with. The average price paid by small-time bullion investors who are buying only the silver and don't collect them, so 'perfect' condition is not an issue, is about $3 over spot price currently. Silver has been treading water for several months now, trading in a narrow range between $30 and $34. If the price makes a sudden drop, the difference between spot price and 'buy' price shrinks, and when silver is hot, the difference grows. If silver were to suddenly be back down to $25, people wouldn't pay a lot more than $25. But if it suddenly shot up to $40, they'd be willing to pay $45 or more. So, right now, a 1986 is worth $31.50 as a of Friday's closing price. The most you could hope to get for it would be about $35. A dealer would probably offer $30 or less.