Spot Vs Face Value - Coin Community Forum

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Author	Replies: 6 / Views: 1,196
collect4fun Pillar of the Community United States 1151 Posts	Posted 08/18/2008 6:23 pm Spot price is easy to find and figure out, but how do you compute price for face value of coinage, 8x, 10x, 12x....? Report this Post to the Staff

daveg131 Valued Member United States 67 Posts	Posted 08/18/2008 7:20 pm $1 face value of 90% silver coin has 0.715 troy ounces of pure silver. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/18/2008 7:21 pm Used to be .715 times for 90%. At one point in 1980, it dropped as low as .4 times. Just go to dgse and look at their buy/sell. Report this Post to the Staff
collect4fun Pillar of the Community United States 1151 Posts	Posted 08/19/2008 08:13 am So with the current silver spot of $12.98, $1 face value would be x9.28 ? Report this Post to the Staff
trdhrdr007 Pillar of the Community United States 2335 Posts	Posted 08/19/2008 09:52 am As long as you are talking about dimes, quarters & halves that's correct. I think Silver dollars have slightly more silver but I don't know the exact multiplier. Maybe somewhere around .77? Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 08/19/2008 1:41 pm Since many coins are composed of different materials, you first must know what that actually is. If Silver just melt it down and sell it as a lump. In reality what your asking is pending why, how and where you try to sell or buy. Way to many variables. If buying or selling you must really know what it is and who is in the market for that or any price is just a guess. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/19/2008 5:32 pm Quote: So with the current silver spot of $12.98, $1 face value would be x9.28 ? That would be about the spot value of the silver, if you have 5000 ounces. What you can get for it depends on the market, which is why I suggested dgse. Report this Post to the Staff
	Replies: 6 / Views: 1,196

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