Thanks, I am TOTALLY exhausted right now. I just went through like 70 penny rolls. And so far I have only found 1 wheatie, a penny from panama, and a centennial Canadian cent. Those penny box are quite heavy for their size. I feel really bad for whoever has ever dropped one of those boxes on there toe.
I have a few more up my sleeve! What can I say, now that Spock is gone, somebody has to try and fill his shoes. Now you are sounding like my wife.
Very nice coins Freaky, congrats! I like that proof nickel (but I'm a sucker for proofs. ) :thumb: Phoenix
Thanks. I usually dont like toning but it had some very strange neon blue toned hair going on that was pretty cool. hya:
900Fine you could use some math tutoring! $1 spent for a coin worth $5 is a 500% profit (but only a real profit when sold). 5 divided by 1 = 5 or 500% the same solution can be used to figure percentage for any item. If you pay $2 for a stock and sell it for $3 it is a 50% profit. Correct? VegasVic
I'm not a math genius either but ,to me, it looks like your math is off on the first coin. Paid $1, Sold for $5. $5-$1(initial investment) = $4 or 4x initial investment = 400% profit. Stock : $2, Sold for $3. $3-$2(initial investment) = $1 or 1/2 of initial investment = 50% .............John
I disagree. It is not a 500% profit. It is a 400% profit. The profit is the sales price minus the cost. That's the part you messed up. The profit percentage is the profit divided by cost x100. So $5 - $1 = $4 profit, not $5. $4 / $1 = 4.0 ratio = 400%, not 500%. Yes. So you took $3 / $2 and got a ratio of 1.5. How, then, did you arrive at the figure 50% ? You used my math, not yours. In your second example, the correct one, you did $3 - $2 = $1 profit. $1 / $2 = 0.5 ratio = 50%. So you were correct on this much : "the same solution can be used to figure percentage for any item". You should have used it on the first item. Hmmmm. Maybe there's still some space in that class, since I won't be showing up !