Is there a 90% chart that shows how much x face to pay based on silver price?? FOUND MYSELF, SEE lin
TexasNationals
Posts: 3,837 ✭
The title says it all, any help would be appreciated!
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All I know at the moment is that most B&M stores are selling them for at least 11X+ face value
Now at the bst you can find many at 9-10x which is a good buy.
Some have had luck with using the MSN live and were able to get at 6-8x.
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It says morgans have 7+ in silver in them but I don't think you can even find morgans less than 10+ dollars.
Just like spot price......your not going to be paying spot on precious metals, you will be paying more.
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$8.50/oz 8.00xFace
$9.00/oz 8.50xFace
Similar to what the red book has but say up to $20/oz or something along those lines??
<< <i>Here you go >>
Coinflatin is based on UNC coins and the weight is off. It has never been a reflection of real world values.
Melt coins are figured differently.
There used to be a reliable formula that I used for years.
Face value X .715 X spot less the mark down for melt was used for many years by nearly everyone. However, this did not apply to Silver Dollars.
In today's volatile market, it's of little use anymore.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Chart 2
Spot price X .715 = the multiplier for face.
Example:
$9.97 (spot) X .715 = 7.1 X face
<< <i>Its this easy....you ready?
Spot price X .715 = the multiplier for face.
Example:
$9.97 (spot) X .715 = 7.1 X face >>
Isn't that exactly the formula I posted above?
It's still of little value in this current market.
Perhaps one day again it will be, it has been the rule of thumb for decades.
John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
Quantity: 4000
Coin Type: 1932-1964 Washington Quarter
Silver Price: $10.00 / troy ounce
Answer:
Total silver value is $7233.92.
Statistics:
» There are 723.3918 troy ounces of silver in 4000 silver Washington quarter(s).
» Each Washington quarter contains 0.1808 troy ounces of silver and is valued at $1.81 when silver is at $10.00 / oz.
» A roll of Washington quarters has 40 coins and is valued at $72.34 when silver is at $10.00 / oz.
Bid/Ask Spread:
Physical silver shortages are being reported across the country. In the past, most "junk silver" coins on Ebay often sell between a +/- 5% spread of the melt value. For example, if you have a silver coin that has a $1.00 melt value, you should be able to find someone who's willing to buy/sell it between $0.95 - $1.05. However, I think we've reached a point where you should buy what you can, wherever you can.
If you're planning to buy/sell 4000 Washington quarter(s) when silver is priced at $10.00 / oz, expect the final total to fall between $6872.22 - $7595.61.
^^^ Someone kindly show me where to buy a $1,000 face bag for $6872.22??
Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
<< <i>Values Entered:
Quantity: 4000
Coin Type: 1932-1964 Washington Quarter
Silver Price: $10.00 / troy ounce
Answer:
Total silver value is $7233.92.
Statistics:
» There are 723.3918 troy ounces of silver in 4000 silver Washington quarter(s).
» Each Washington quarter contains 0.1808 troy ounces of silver and is valued at $1.81 when silver is at $10.00 / oz.
» A roll of Washington quarters has 40 coins and is valued at $72.34 when silver is at $10.00 / oz.
Bid/Ask Spread:
Physical silver shortages are being reported across the country. In the past, most "junk silver" coins on Ebay often sell between a +/- 5% spread of the melt value. For example, if you have a silver coin that has a $1.00 melt value, you should be able to find someone who's willing to buy/sell it between $0.95 - $1.05. However, I think we've reached a point where you should buy what you can, wherever you can.
If you're planning to buy/sell 4000 Washington quarter(s) when silver is priced at $10.00 / oz, expect the final total to fall between $6872.22 - $7595.61.
^^^ Someone kindly show me where to buy a $1,000 face bag for $6872.22?? >>
Your statistics ONLY apply to UNCIRCULATED coins. Its common in the bullion trade to use a .715 oz/ $1.00 face formula to calculate the silver content of circulated coins.