History of Silver Prices – From Ancient Times to Today

I meet a lot of people that purchase and sell silver coins based on the current silver spot price instead of any numismatic values that the coins may hold.  There is nothing wrong with that – I can actually see why it would be interesting to track silver prices so closely just as you would any publicly traded stocks that you own.  People that do this will typically buy and sell junk silver coins, American Eagles, foreign silver coins, and so on.

As a long time collector with no plans of selling any coins that I have, I typically don’t track spot prices on a daily basis.  I probably should not say this, but, on occasion I like to see drops in the silver spot price because typically that relates in a softening of silver coin prices which translates to me being able to buy more!

 

Monex Live Silver Price

 

CommodityHQ did a very interesting article about two years ago about the 2,000 year price history of silver.  Daniela Pylypczak-Wasylyszyn does a great job giving an in-depth overview of the history of silver prices.  I have copied this article for you below.  At the time of this posting, the price of silver has dropped about 50% since this article was written.  For a current silver spot price, look at one of the trackers above this paragraph.

The Historical Value of Silver: A 2000-Year Overview

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History of Silver Prices