The effects of the electron spin interaction on the pure instability and propagation modes of the quantum electrostatic waves are investigated in cold quantum electron plasmas. It is found that the influence of the electron spin interaction increases the group velocity of the propagation mode of the quantum electrostatic wave. In addition, it is shown that the electron spin interaction enhances the growth rate of the instability mode of the quantum electrostatic wave. It is also found that the effects of the electron spin interaction would be more important in the domain of small Fermi wave numbers. (C) 2011 American Institute of Physics. [doi:10.1063/1.3643519]This research was supported by Basic Science Research Program through the Nation...