Guys I have been having a hard time locating a site that tells me straight up what is today's or any other day's 90% silver spot price. I know that they use what the dimes, quarters and Half Dollars prices are and average the out to come with that number, BUT my question is "What website or reference do Thank you in advance for assisting me in the noobie question. And as always enjoy what remains of your day.
I use Coinflation, too. They post the silver and gold spot price at the top of the page: I also use goldprice.org, which has trendlines for gold and silver prices with adjustable time ranges (one day, one week, one month, etc): The two sources don't always agree precisely, nor do they always agree with the tickers on sites like APMEX. I still find them useful for quick checks.
All these years I've been using Coinflation (the web site), and this is the first time I scrolled all the way down to see the Collectors Universe affiliation.
Thanks For coins I use NGC U.S. Silver Coin Melt Values | Silver Dollar Melt Value | NGC (ngccoin.com)
I’ve seen a link to it on the PCGS forum and thought this was a relatively recent development (last few years) but apparently it was acquired back in 2011. https://www.pcgs.com/News/Collectors-Universe-Acquires-Coinflationcom
Thank you for your input....I like both sites coinapps.com and coinflation.com. The app you recommended has a Silver Melt Value Calculator. Would you happen to know what is the average price spread? They have it default at 5%; but is this the correct average? Secondly, what is the average % of wear. Coinapps.com has it at zero; but I know a lot of my coins that are 90% are not BU and they do have some wear. What is considered the average wear when trying to calculate what your TOTAL amount of 90% one has? Thank you in advance and I look forward to everyone's response. Thank you for your input....I like both sites coinapps.com and coinflation.com. The app you recommended has a Silver Melt Value Calculator. Would you happen to know what is the average price spread? They have it default at 5%; but is this the correct average? Secondly, what is the average % of wear. Coinapps.com has it at zero; but I know a lot of my coins that are 90% are not BU and they do have some wear. What is considered the average wear when trying to calculate what your TOTAL amount of 90% one has? Thank you in advance and I look forward to everyone's response.
Thank you for your input....I like both sites coinapps.com and coinflation.com. The app you recommended has a Silver Melt Value Calculator. Would you happen to know what is the average price spread? They have it default at 5%; but is this the correct average? Secondly, what is the average % of wear. Coinapps.com has it at zero; but I know a lot of my coins that are 90% are not BU and they do have some wear. What is considered the average wear when trying to calculate what your TOTAL amount of 90% one has? Thank you in advance and I look forward to everyone's response.
The fact is that early 20th century silver worked hard and most junk silver does show substantial wear. The few times that I carried junk silver into my dealer to convert to cash, he weighed the stuff. Just emptied all my rolls and weighed it.... So I don't really know how much value may or may not have been lost due to wear.
Coinflation bases their calculations on full weight, 0.7234 ounces of silver per dollar face value. The "standard" multiplier to allow for wear is 0.715, so it assumes a weight loss of about 1.2%. I studied this and weighed a good number of coins back when I joined CoinTalk, ten years or so ago. I found that even coins worn down to F lose very little weight. I think the most underweight coin I ever weighed was a slick Barber dime; it weighed just about two grams, a loss of 20%. It wasn't uncommon to find heavily-worn Barber dimes that were down 10%; I even found a few slick SLQs that were down almost that much. I think the lightest half I ever weight was down less than 10%, though. In general, wear is something that happens to a coin's surface area, and weight is proportional to volume -- and volume goes up as the cube of length/width/thickness, while surface area goes up as the square. So the larger the denomination, the less of the coin's volume gets rubbed off at a given level of wear. Dimes lose the most weight, and halves and dollars lose the least. Actually, I guess half-dimes and three-cent silvers would lose weight even more rapidly. But I'd still be happy to pay the full standard face-value multiplier for those if I ever found someone selling at that price.
If you want a list of bullion buy/sell prices from an honest dealer, try Scotsman Coin & Jewelry in Creve Coeur, Missouri. Look for Scotsman's Trading Sheet. I've used that when evaluating inherited collections/accumulations with lots of silver and some gold.
Not that it means anything about coins, but my wife and I just sold the car in my little picture. Got $25K for a car that cost about $30K 3.5 years ago. That's the first car I have owned that pretty much held its value when used.