Figuring out dealer FV

[blatant]

What is the equation that is used to figure out FV. I usually just check coin flation and call a bunch of dealers.

[MO-SILVER!]

I divide spot by 2.7646 and that tells me what a 90% half is worth. Multiply by 2 for face value. It might be a penny or so off but it works for me..

[highroller4321]

Lets say spot silver is $30. Take $30 times .715 and you get $21.45 . So every $1 face value silver = $21.45. You always use .715 as your multiplier for what dealer prices are.

[tebam11]

FV???????

[silverflake]

Um, I realize I am fairly new to this site, but isn't FV short for FACE VALUE? If it is and you need to know face value, I usually turn to the reverse of the chosen coin and look at what it says. I am not trying to be a wise guy. Perhaps I have misinterprted what is meant by asking what FV means. Educate me if so. Hope this helps.

[Market Harmony]

Um, I realize I am fairly new to this site, but isn't FV short for FACE VALUE? If it is and you need to know face value, I usually turn to the reverse of the chosen coin and look at what it says. I am not trying to be a wise guy. Perhaps I have misinterprted what is meant by asking what FV means. Educate me if so. Hope this helps.

90% silver US coins trade as a multiple to their face value... Spot price of silver determines the price of the coin. As highroller stated, .715 x spot silver will equal the silver value per face value (FV)... Using $30 spot, then $21.45 x face value equals silver value of the coin... a dime is $2.14 each, quarter is $5.36 each, half is $10.73 each

Dealer prices range all over the place... some are a percentage of spot, some are a fixed value per face. Bottom line, it is what the buyer and seller agree to that determines transaction price

[silverflake]

Many thanks Marketharmony. The educational info on this site is incredible.

[MO-SILVER!]

My number gives me the coinflation numbers which is what alot of people seem to like. Im small time though and it's more of a bench mark to go by. Most dealers won't pay exactly spot for junk silver and will charge a little over to sell it.

[blatant]

thx all for the info, i guess i'm just asking this incorrectly.


what determines or how do dealers decide what to charge us for silver that we are tying to sell. 17x, 18x, 18.4x , 19x etc. do they just throw a dart?

[fasteddy]

...arrow roulette? maybe?

[Corsair]

thx all for the info, i guess i'm just asking this incorrectly.


what determines or how do dealers decide what to charge us for silver that we are tying to sell. 17x, 18x, 18.4x , 19x etc. do they just throw a dart?

Like Market Harmony said, some dealers pay a certain percent of the spot price every day, no matter what the spot is. So if spot is 20x face, and they always pay 90% of spot, he'd pay you 18x that day.

Other dealers just pick a good profit margin for themselves. They'll say, as long as silver is between $26-$30, I'll pay 18x face. It all depends on how much they feel they can comfortably make from reselling the coins.

[blatant]

Other dealers just pick a good profit margin for themselves. They'll say, as long as silver is between $26-$30, I'll pay 18x face. It all depends on how much they feel they can comfortably make from reselling the coins.

thanks figured it may be something like this.