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<p>[QUOTE="Ed Sims, post: 1976714, member: 59688"]I did the calculation for 10 Roosevelt dimes and it gave me a value of $14.08. There is .07234 troy ounces in a single dime. Times ten equals .7234 based on their spot price of $19.46 the $14.08 would be the value of the ten dimes had they been uncirculated. Industry standard is .715 times face per dollar of dimes, quarters, and halves to allow for wear since circulated coins do not have full weight. If you use this calculator you will be overpaying for your 90% silver coins by .03844. That does not look to be much but if you have hundreds of dollars face value then it becomes a very sizable amount.</p><p><br /></p><p><br /></p><p>You do not want to use this calculator because it ADDS the melt value of copper in the final melt value. So to use their final melt value to buy 90% silver coins you are paying too much.</p><p><br /></p><p><br /></p><p>I would check to see what the difference between their calculations for melt value versus .715 x spot x face value of your 90% silver coins. If their dollar value is more than it is based on full weight whereas you must account for wear to have a more accurate melt value.[/QUOTE]</p><p><br /></p>
[QUOTE="Ed Sims, post: 1976714, member: 59688"]I did the calculation for 10 Roosevelt dimes and it gave me a value of $14.08. There is .07234 troy ounces in a single dime. Times ten equals .7234 based on their spot price of $19.46 the $14.08 would be the value of the ten dimes had they been uncirculated. Industry standard is .715 times face per dollar of dimes, quarters, and halves to allow for wear since circulated coins do not have full weight. If you use this calculator you will be overpaying for your 90% silver coins by .03844. That does not look to be much but if you have hundreds of dollars face value then it becomes a very sizable amount. You do not want to use this calculator because it ADDS the melt value of copper in the final melt value. So to use their final melt value to buy 90% silver coins you are paying too much. I would check to see what the difference between their calculations for melt value versus .715 x spot x face value of your 90% silver coins. If their dollar value is more than it is based on full weight whereas you must account for wear to have a more accurate melt value.[/QUOTE]
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