This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.
Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
by NoCents » Tue Jul 19, 2011 2:42 pm
Looking to dump some hoard....Anyone know the prices?
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NoCents
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by Coppercrazy » Tue Jul 19, 2011 2:58 pm
uh you familiar with coinflation.com? good calculator on there for us silver coin.also dont forget it depends if theres peace or morgans,because they have more silver than 1.00 face in other denominations.
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Coppercrazy
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by NoCents » Tue Jul 19, 2011 3:03 pm
Yeah, I use'um.
No coins though, just scrap. Looking for what it's going for.....Been awile
Thx CC.
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NoCents
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by WizardTN » Tue Jul 19, 2011 3:18 pm
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WizardTN
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by NoCents » Tue Jul 19, 2011 3:22 pm
I used that one yesterday Wiz...Is that current/up to date?
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NoCents
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by WizardTN » Tue Jul 19, 2011 3:25 pm
Leave the price of gold blank, it will pickup the current spot price.
Study it ...learn how it works.
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WizardTN
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by NoCents » Tue Jul 19, 2011 3:27 pm
Yeah I thought it was very cool, just wasn't sure if it was updated. Thx again.
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NoCents
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by Rodebaugh » Tue Jul 19, 2011 3:40 pm
Math Fun Time!!!!
((1600x0.5833)/31.2).90=actual value per gram.
or $26.92
you can add about 42 cents to that number for every $25 spot increase.
This space for rent.
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Rodebaugh
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by Kurr » Tue Jul 19, 2011 4:42 pm
http://home.earthlink.net/~kurr/goldpricelist.htmenter spot price, percent you want to pay, profits calculated automatically
24k-6k, pennyweight and grams
Noxx over at goldrefiningforum.com made it, far as I know
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Kurr
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by fasTT » Tue Jul 19, 2011 5:35 pm
Here is the easy math for any karat gold.
Take the spot price and divide it by 31.1035 to get to grams.
Then multiply it by the purity percentage of the gold. Each karat is a fraction of pure gold which is 24k. So 18k = 18/24 = 75% pure gold. 14k = 14/24 = 58.3% etc...
Take the price per gram x purity x weight = melt.
E.G. $1600 gold /31.1035 = $51.44 per gram of 24k
18k gold = 75%, so you would multiply $51.44 x .75 = $38.58
Multiply it by the weight e.g. 10 grams x $38.53 = $385.80 = actual melt value.
Note, you will never get the actual melt value from someone who is only interested in the gold content. Legitimate buying prices range from 60 - 90% unless you have hundreds of grams.
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fasTT
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