Current spot on 14K?

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Current spot on 14K?

Postby NoCents » Tue Jul 19, 2011 2:42 pm

Looking to dump some hoard....Anyone know the prices?
I like my guns the same way Obama likes is immigrants.....UNDOCUMENTED!!!!

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Re: Current spot on 14K?

Postby 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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Re: Current spot on 14K?

Postby 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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Re: Current spot on 14K?

Postby WizardTN » Tue Jul 19, 2011 3:18 pm

14k = 0.583 pure Ag

Use this calculator

http://www.dendritics.com/scales/metal-calc.asp
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Re: Current spot on 14K?

Postby NoCents » Tue Jul 19, 2011 3:22 pm

I used that one yesterday Wiz...Is that current/up to date?
I like my guns the same way Obama likes is immigrants.....UNDOCUMENTED!!!!

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Re: Current spot on 14K?

Postby 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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Re: Current spot on 14K?

Postby 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. ;)
I like my guns the same way Obama likes is immigrants.....UNDOCUMENTED!!!!

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Re: Current spot on 14K?

Postby 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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Re: Current spot on 14K?

Postby Kurr » Tue Jul 19, 2011 4:42 pm

http://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
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Re: Current spot on 14K?

Postby 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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