Must Know Formulas For Gold and Silver Stackers | Math Used In Coin Shop
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- Опубликовано: 10 сен 2024
- Get you coffee and notebook ready, school's in session!
Serving central Florida for over 8 years, Vermillion Enterprises is Spring Hill, Florida's premier coin shop and gold dealer. Always buying and always selling coins and precious metals like silver, gold, platinum, palladium, and rhodium.
Give Vermillion Enterprises a call at:
(352) 585-9772
Visit our Spring Hill coin shop, located at:
5324 Spring Hill Drive
Spring Hill, Florida 34606
Monday - Friday: 10AM - 5PM
Saturday: 9AM - 2PM
Sunday: Closed
To learn more about Vermillion Enterprises visit our website at:
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What other formulas would help you?
I skipped around a bit so not sure if you covered it but if a person just has a bag of mixed 90% without counting it they could also just use the weight.
It can get complicated but I use spreadsheets anyway 😀 Total weight in grams / 31.1 x 90% x (spot + premium)
I simplified it in my brain by saying a dollar forty (face value) of 90% equals 1 full ounce of silver. Can you confirm? And then figure out how much over spot am I willing to spend.
@@andrewmacomber1638 well yes it is the same it is just inversing the equations same result
@@vermillionenterprises awesome! Thank you! I like to accumulate by the ounce. And doing the math is easier for me that way. I need to brush up on my fractions!✌🏻❤️🇺🇸🥈
A formula to cure my baldness.
This video should have tens of thousands of views. No one explains this better than Brian. Thanks
hanks for the info, really makes me question fractional silver
Very helpful video! They sell me the silver by the weight per gram or per coin when buying 90% silver at my local shop.
Great lessons, thanks for the class!
Thank you
Appreciate the lesson Brian, comes in handy.
Thank you
This is a good breakdown for anyone who's lost on the calculations. Thanks!
GREAT Stuff, Brian!!! Thanks for the Video and Info!!
Thank you
Fantastic video, guys!!
thank you sir
Holy smokes. Now this was good information. If my math is correct..today June 7 2023 you'll pay about $19 FV for four 1964 quarters
Professor Brian Excellent👍
I like the sound of that...LOL
Easy breakdown of all of it. I like the different view of your shop! Bigger than I thought.
I miss the days I could get a 1/10 gold for under $80😢
I know it's off topic but I absolutely love the 1911 Style, a man after my own heart. Also thanks for a great explanation on spot and melt prices.
I love them also...thank you for the comments
To those who say it’s a boomer gun… I ask: would you stand in front of 230 grain hardball coming at you at 1000 fps? Most gun fights are resolved in 3 rounds or less.
Excellent breakdown on spot/melt and premiums👌 thanks guys you rock 🪨😎💨
Great job!
Thank you sir
Good breakdown!
Great video guys! Very informational. I don’t know how I missed this video! Thank you for mentioning it, and putting the link in the description for me!
Keep stacking physical Silver and Gold
Tuning in all the way from southern oregon. Thank you for the video and explanation. Truly very helpful!
Thanks !
Great presentation !
Would appreciate seeing a sampling of the average condition of your 90% in the next video if you guys don't mind.. Thanks.
Good call
Excellent! Been looking for the correct way to do this for a while, Very limited info on websites. thank you sir! 👍
I buy junk silver every chance I get. But I do not understand why the halves premium is more than quarters and dimes. I can kinda get the older versions ie, walkers vs franklins vs Kennedy halves or barbers vs standing vs washington quarters from a numismatic value. But from a buying by face value or spot value or whatever, why is a half always at a higher premium than a quarter or a dime. Doesn’t make sense to me its all the same junk silver. Great video btw.
This helps a lot to figure out how to do the calculations on junk silver- Thanks for the great video! Would it also help you free up some time if you put the "out the door" and then the "buy" prices on your pieces of paper when you do the premium videos vs trying to plow through the calculations on the videos live? That should leave you some additional time to go into this much appreciated teacher mode or to do the BIN sessions as well. Keep up the GREAT work!
The out the door prices are constantly changing the rates do stay the same
Watching it now guys!!!
Watching again guys….
Nice to see it spelled out
I'm not fussing... but there is a huge difference between Labor day and Memorial day. I know you didn't have any malice in saying it, but as a veteran it hits a little different.
Great video! Want to visit your shop soon. Am driving about 1 1/2 hours. Are you always open Mon-Fri and Sat, or should I text first?
yes we are open Mon - Fri 10am to 5pm, and Saturday 9 -2
Major events still to come in 2023.
GOT SILVER ❓
Explain
@@veritas2145 watch what happens by October 2nd 2023
Thank you gentlemen ! One question ? With the GOLD/SILVER ratio around 90 to 1 couldn't I get 1 Oz of GOLD for 60 SILVER EAGLES ( 3 TUBES ) ???
it would be close probably going to need around 65 or so....that is of course BU retail friendly coins
In today's market would BU pre 65 silver coins bring more premium if I was selling to you? Thanks ahead of time.
it just depends....Franklins...Mercuries...Walking Libs for sure....would have to check on Washingtons, Roosevelts, or JFKs
@@vermillionenterprises I have 8 rolls mixed dates BU Franklins
China, but yes ounces is everywhere else.
What ? - You’re open on Labor Day and school is in session ?
Yes sir....always open and school is always in session...LOL
@@vermillionenterprises hahaha !