So, how exactly do you calculate the value. I've seen so many different ways to do this, I'm confused... Any help I would appreciate.:thumb:
www.coinflation.com go there then click on the value of any coin. it will take you to a page breaking down the value of the coin and the math behind it. OR you could just use them to figure out the melt value of your coins, if they're US coins. otherwise you could MAYBE use their math if the coins you have are of the same composition.
for coins that aren't listed there you can look up the silver content in oz in Krause's standard catalog of world coins. or if you know the silver content by parts like .9 or .8 or .5 you can weigh the coin on a jewelers scale multiply that number by the content number then divide the result by 31.1 (grams in a troy oz) to get a decimal content of the coins silver or gold in troy oz, then multiply that number by the value of the silver or gold for the day and viola´ you have the coins metal value.
Purchase a smelting machine, melt the coins down to a lump, take to a jewler and ask how much. :goofer: I think I missed something here. You said there are so many ways to figure out the value of Silver coins. Just look in the Red Book for a percent of Silver in each coin and the weight of that coin. The percent of that coin that is Silver is just a simple math problem. So why confused. Or just send all your Silver coins to me and the problem will go away.
People normally seem to take the weight of the primary metal in the coin times the price of the metal, and ignore any secondary metal content.
