Whats it worth, AKA HELP

[Silver_Fox]

What's it worth, AKA HELP

I just put a $20 roll of 90% (17 oz.), a $10 roll of 90% (8.8 oz.) and a $10 roll of 40% (8.2 oz.) in the safe. Can someone give me a breakdown of what it is worth and how you figured it. I did it the only way I know how, I figured it using $13.50 an once and came up with $459.

 

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[soldierman]

Re: What's it worth, AKA HELP

You miscalculated by weight. The way you figured it was for .999 silver.

www.coinflation.com

There is a calculator there.

Your 90% is worth about $297.10
Your 40% is worth about $40.49

 

[thurmownator]

Re: What's it worth, AKA HELP

You miscalculated by weight. The way you figured it was for .999 silver.

www.coinflation.com

There is a calculator there.

Your 90% is worth about $297.10
Your 40% is worth about $40.49

That's gross profit. If you back out the cost of each coin ($0.50), assuming you picked these up for face, than the net profit for your sixty 90%ers and twenty 40%ers (@13.50) is $292.91.

 

[65gt350]

Re: What's it worth, AKA HELP

The best way is by face:

$30 face value 90% x .715 (# ounces of .999 silver in $1 of 90% coin) x 13.5 (price of silver = $289.575

$10 face value 40% x .295 (# ounces of .999 silver in $1 of 40% halves) x 13.5 (price of silver) = $39.825

If you have any questions just ask.

65GT350

 

[Silver_Fox]

Re: What's it worth, AKA HELP

Thanks for all the help folks. This is a great forum.

 

[65gt350]

Re: What's it worth, AKA HELP

One thing I didn't notice in your first post is that you were not using troy ounces in your measurement but were using it for the pricing. If your scale can do grams I would use it instead.

31.1g = 1 troy ounce.

65GT350

 

[scotto]

Re: What's it worth, AKA HELP

The best way is by face:

$30 face value 90% x .715 (# ounces of .999 silver in $1 of 90% coin) x 13.5 (price of silver = $289.575

$10 face value 40% x .295 (# ounces of .999 silver in $1 of 40% halves) x 13.5 (price of silver) = $39.825

If you have any questions just ask.

65GT350

Still a nice profit!