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Ardent Listener
Administrator

USA
2212 Posts

Posted - 02/05/2007 : 18:49:56

http://www.coinflation.com/coins/basemetal_coin_calculator.html

Thanks to www.coinflation.com

________________________
Burn paper dollars before you melt coins.

just carl
Penny Collector Member

USA
372 Posts

Posted - 02/10/2007 : 21:12:55

Interesting. I always wonder who and why anyone would spend time making such a web site but then.........
Unfortunately there is no accounting for coin wear. This system assumes that all coins are uncirculated. Also the calculator says form 09 to 82 and does not take into consideratioin the 43 Steel Cents. However, nice calculator.

Carl

SmallCHange
Member

USA
56 Posts

Posted - 12/13/2007 : 06:39:59

I think your web site is extremely helpful. I use it all the time as very convenient, especially when considering Ebay auctions and want to know the base metal value of coins and bullion to better determine what would be a fair price to pay. I used to do it manually with a calculator and would take awhile as would have to figure out composition of each different coin, determine present bullion value of each and then do the math. Its a real time saver.

I think everyone understands the above comment in that this calculation is for uncirculated condition coins, but same issue applies for doing it manually. Its not too hard to manually make some minor approximated adjustment for coin wear for those that have collected (hoarded) and have weighed some average circulated in bulk manually before. Its not a huge difference at all for most hoarded coins (pennies and nickels), and almost no difference for many gold (and many silver coins) as many are sold uncirculated or close to anyway. Thank-You for letting us all use your site. I personally have made very good use of it.

billsattic
Member

USA
25 Posts

Posted - 03/26/2008 : 19:14:57

very useful tool... makes my life easier for silver especially

CoinHunter53562
Penny Collector Member

USA
496 Posts

Posted - 04/30/2008 : 08:04:18

quote:
Unfortunately there is no accounting for coin wear.

Good point. I believe the bullion dealers figure that in a $1000 face bag of circulated silver coins, there are about 715 ounces of silver. If the bags are all half dollars, then they figure about 718-720 due to the coins not being circulated as much.

Load up now while you can!

HoardCode0.1:M38/1USWI:US1Cu20990:US5CuNi985

nckt
Penny Collector Member

USA
303 Posts