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All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Adjusting Silver Prices

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0xDA71D
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 Posted 09/06/2014  11:18 pm Show Profile   Bookmark this topic Add 0xDA71D to your friends list Get a Link to this Message Number of Subscribers
Hey, I just got a blue book and while it was from 2011, it was only $4 on ebay. I am wondering, without getting a new one (I really can't afford 2015 edition, as I don't have money) is there a way to adjust the silver coin values on the book so that they can approximate current sell values? For example, I see at that time, basal quarters are worth $5. Now, they are worth $3.50. Thus, if I were to subtract $1.50 to all the prices in the book, would it work to give estimate current market prices? I think old coins do not change in numismatic value that much, but rather just in silver value. Comments? Thanks.
Edited by 0xDA71D
09/06/2014 11:19 pm
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Fuzzy317
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 Posted 09/06/2014  11:34 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
You can't just subtract a number, you have to go by percentage. 3.5/5 is .7 so if those values are correct, you need to multiply the book values by .7
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skyshark124
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 Posted 09/06/2014  11:52 pm  Show Profile   Bookmark this reply Add skyshark124 to your friends list Get a Link to this Reply
If you're just looking for a site that will give you the basic melt value of the coin, I use this one: http://coinapps.com/silver/coin/calculator/
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