| Author |
 Replies: 14 / Views: 2,614 |
|
|
Valued Member
United States
152 Posts |
I noticed everyone talks about melt value of coins I was wondering what the formula is to figure out melt value of each silver coin.
I'm going to guess the formula is:
The weight of the coin X .9 (90% silver) X 13.70 (Spot of silver) = Melt value
So basically I'm just wondering if this math is correct as well as what is the weight of each coin.
|
|
|
|
Valued Member
United States
67 Posts |
A google search of "melt value" will give you some good sites.
Edited by daveg131
08/31/2008 8:20 pm
|
|
Pillar of the Community
United States
656 Posts |
|
|
Valued Member
 United States
152 Posts |
|
|
Valued Member
United States
392 Posts |
Certain Websites are deleted automatically for spamming this forum. Deliberately circumventing the filter only serves to make me angry. ~ Forum Dad
Edited by kceb10
08/31/2008 10:39 pm
|
|
Valued Member
United States
486 Posts |
The name of the website is not called deleted004.com. The forum deletes the name of that website automatically. I use the website 1337 is talking about, and its a shame the forum has to hide its name because it is a great site. -PP
|
|
Valued Member
United States
486 Posts |
It looks like kceb10 has got you covered. -PP
|
|
Pillar of the Community
Australia
3831 Posts |
The reason why the site is blocked is thanks to the admin of the site who spammed this forum even with countless number of warnings. There is nothing good from such sites.
|
|
Valued Member
United States
152 Posts |
I love the site thanks =)
|
|
Moderator
 United States
187613 Posts |
Quote:
The reason why the site is blocked is thanks to the admin of the site who spammed this forum even with countless number of warnings. There is nothing good from such sites.  It was a nasty affair. No matter how good that site may be, I avoid them out of principle. I cannot support any site that uses sleazy tactics to peddle their wares.  As a gentle warning to all, please do not try to defeat the "bad word" filter! |
|
Pillar of the Community
United States
1840 Posts |
Sean - your math is correct. The number that you get when multiplying the percentage of silver by the total weight of the coin is also known as the actual silver weight or ASW, a term commonly used with world coins. A variation of the term also applies to gold; AGW.
|
|
Moderator
Australia
16806 Posts |
To answer the OP question: yes, that is essentially the formula to use. The only number not in your equation is the weight conversion, from grams or avoirdupois ounces into troy ounces. Quote:
...what is the weight of each coin. A standard reference book has this information. Use the RedBook or a coin fact website like CCF for US coins, the Krause catalogues or NumisMaster website for foreign coins. The references will also tell you the silver fineness. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
|
|
Bedrock of the Community
United States
20753 Posts |
Usually people use the original weight of a coin as a guide. That is usually incorrect as to a melt value since most people only want to melt well worn coins. Of course there are many that just melt coins regardless of their coin value but if your considering melt values of a coin, you must take into consideration the wear of that or those coins. Very worn, chipped, drilled out coins could weigh considerably less than the original noted weights.
Just out of curiousity what was that blocked web site about. Not sure but being old I seam to miss a lot.
Edited by just carl
09/01/2008 09:20 am
|
|
Pillar of the Community
United States
656 Posts |
I guess so.
wait wait
Auctually I know so, Cause I posted it.
Edited by 1337
09/01/2008 1:36 pm
|
|
Valued Member
United States
67 Posts |
Check toward the back of the RedBook; there is a chart that shows the bullion values of coins. I think the heading is "Bullion Values". |
| |
Replies: 14 / Views: 2,614 |
|
Posted 08/31/2008 9:46 pm
