Current spot on 14K?
Posted: Tue Jul 19, 2011 2:42 pmLooking to dump some hoard....Anyone know the prices?
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Posted: Tue Jul 19, 2011 2:42 pmRe: Current spot on 14K?
Posted: Tue Jul 19, 2011 2:58 pmuh 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.
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:03 pmYeah, I use'um.
No coins though, just scrap. Looking for what it's going for.....Been awile
Thx CC.
No coins though, just scrap. Looking for what it's going for.....Been awile
Thx CC.
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:18 pmRe: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:22 pmI used that one yesterday Wiz...Is that current/up to date?
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:25 pmLeave the price of gold blank, it will pickup the current spot price.
Study it ...learn how it works.
Study it ...learn how it works.
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:27 pmYeah I thought it was very cool, just wasn't sure if it was updated. Thx again. 
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 3:40 pmMath 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.
((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.
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 4:42 pmhttp://home.earthlink.net/~kurr/goldpricelist.htm
enter 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
enter 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
Re: Current spot on 14K?
Posted: Tue Jul 19, 2011 5:35 pmHere 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.
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.