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The Silver Bullion Value equation 
Australian Koala Bullion Coin calculates bullion value based on its weight and the current silver spot price in U.S. dollars.
INSTRUCTIONS: Choose units and enter the following:
- (W) Weight of Silver
Silver Bullion Value (SBV): The value of the silver bullion is returned in U.S. dollars. However this can be automatically converted to other currency units via the pull-down menu.
- Bullion Silver Value - Computes the value of bullion (.999) silver based on weight and the current spot price.
- Silver Alloy (scrap) Value - This computes the value of scrap silver base on the purity, weight and current spot price.
- Junk Silver Value - This computes the value of junk silver (U.S. silver coins) based on the face value of the coins and the current spot price
- Junk Silver Coin Count - This computes the value of junk silver coins. It let's the user enter the number of different coins to compute the value.
- Clad Silver Value- This computes the value of U.S. silver half dollars between 1965 and 1970 based on the Face Value, a Clad Factor and the current SPOT price,
- Spot Price in U.S. dollars per gram: $1.046 per gram
- Silver Spot Price in U.S. dollars per troy ounce: $32.53 per troy ounce
- Percent Silver in Sterling Silver: 92.5 %
- Percent Silver in Fine Silver: 99.9 %
General Information
Bullion prices assume a 99.9% (0.999) purity of the silver. Bullion silver is typically highly refined silver that comes in minted bars, rounds or coins like the Australian Koala's in the picture.
SPOT comes from /www.xmlcharts.com/cache/precious-metals.xml
