The Junk Silver Value calculator computes
the current value for Junk Silver based on the dollar Face Value and the current Silver Spot Price ($31.01/Troy Ounce) in U.S. dollars. The Face Value is the sum of the different coins.
INSTRUCTIONS: Enter the following:
- (FV) Total Face Value of Junk Silver Coins
Junk Silver Value (JSV): The calculator returns the value of the junk silver in U.S. dollars. However this can be automatically converted to other currencies via the pull-down menu.
The Math / Science
Junk Silver is comprised of U.S. silver coins with no numismatic value. These are often coins that are very worn and have lost any value outside of the silver content. These are U.S. coins with dates before 1964 when the U.S. Mint stamped its last coins with .9 silver content. The formula for the value of junk silver coins is:
`JSV = 0.715 * FV * SPOT`
where:
- JSV = Junk Silver Value
- FV = face value of junk silver coins
- SPOT = Current Spot Price of Silver
The Face Value is the sum of the face value of the coins. If the user had three(3) U.S. quarters and two (2) U.S. dimes, the Face Value would be 3* .25 + 2 *.10 = $.95
SPOT comes from /www.xmlcharts.com/cache/precious-metals.xml
Precious Metals Calc
The Precious Metals Calculator has functions to compute the price a Jeweler can reasonably pay for items for their value in Gold, Platinum, Palladium and Silver.
| Bullion SPOT PRICES | |||
| Metal | ($/gram) | ($/troy_oz) | |
| Gold | $86.421 | $2687.99 | |
| Platinum | $30.929 | $962.0 | |
| Palladium | $32.215 | $1002.0 | |
| Silver | $0.997 | $31.01 | |
| Updated every Two Minutes | |||
- Precious Metal Buy Price: Computes the Jeweler's Buy Price for several types of precious metals based on the current value of a precious metal, the metal's purity, a scrap processing fee, and the jeweler's profit margin.
- Gold Buy Price: Computes the Jeweler's Buy Price for gold based on the current value of gold, the karat purity, a scrap processing fee, and the jeweler's profit margin.
- Platinum Buy Price: Computes the Jeweler's Buy Price for platinum based on the current value of platinum, the percent purity, a scrap processing fee, and the jeweler's profit margin.
- Palladium Buy Price: Computes the Jeweler's Buy Price for palladium based on the current value of palladium, the percent purity, a scrap processing fee, and the jeweler's profit margin.
- Silver Buy Price: Computes the Jeweler's Buy Price for silver based on the current value of silver, the percent purity, a scrap processing fee, and the jeweler's profit margin.
- Junk Silver Value: Computes the current value for Junk Silver based on the dollar Face Value and the current Silver Spot Price in U.S. dollars.
- Clad Silver Value: Computes the current value for U.S. silver half dollars with dates between 1965 to 1970, based on the dollar Face Value, a Clad Silver factor and the current Silver Spot Price.
- Karat to Percentage: Convert a karat value (10, 14, 18, 22, 24) to a percent purity.
- 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: $0.997 per gram
- Silver Spot Price in U.S. dollars per troy ounce: $31.01 per troy ounce
- Percent Silver in Sterling Silver: 92.5 %
- Percent Silver in Fine Silver: 99.9 %