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-   -   Right Math? (http://goldismoney.info/forums/showthread.php?t=233069)

Camp Bassfish 02-06-2008 12:44 PM

Right Math?
 
$28 face of 90%

$28 * .715 * Spot = Current value?

Just making sure I'm not screwing myself on a propsed deal I'm in right now. (not on this board)

TLM 02-06-2008 12:47 PM

Re: Right Math?
 
Yeah that's it for dimes, quarters and halves.
Silver dollars are 90% but are something like .77 or .78 ounces of silver,
I'd have to look it up to be sure.

Gcubed 02-06-2008 01:17 PM

Re: Right Math?
 
HIGH retail value. You will liquidate for less.

Quote:

Originally Posted by Camp Bassfish (Post 955752)
$28 face of 90%

$28 * .715 * Spot = Current value?

Just making sure I'm not screwing myself on a propsed deal I'm in right now. (not on this board)


goldminer 02-06-2008 01:30 PM

Re: Right Math?
 
"...$28 * .715 * Spot = Current value?"

This math will give you the "melt" value (value of silver in a similiar face-value lot of "average" circulated coins).

The coins generally trade at or near the melt value but will vary with different dealers and will vary from time to time with the same dealer.

When there is an increase in demand the price of the coins most generally goes up, and conversely down at times demand lessens.

No two coins are the same...don't pay too much for a lot that is badly worn.

Shop, shop, shop.

Turner-son 02-06-2008 01:53 PM

Re: Right Math?
 
www.coinflation.com

Twisted Avatar 02-06-2008 01:56 PM

Re: Right Math?
 
Quote:

Originally Posted by Turner-son (Post 955844)



that is a great sight.it makes stuff alot easier...... I keep looking at the price of nickle and jump for joy everytime I walk into a bank and get a roll of them at face!!!



T

Camp Bassfish 02-07-2008 09:47 AM

Re: Right Math?
 
Thanks guys!

Thought I had a good deal in the works, now the seller thinks there's numi value in a bunch of old dimes dug while metal detecting...... I'd like the 45 minutes of my life that I spent on this deal back!!


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