I noticed silver and gold were lower today, but still pretty flat once they went down.
Too many long red candlesticks to call a bottom for me.
I noticed silver and gold were lower today, but still pretty flat once they went down.
I've looked at those as well. I wish they ALL had the metal content and weight on the coins. SD also has 1/2oz random design coins for about $30 more.Slight dip today, so I though I'd get some of these:
https://sdbullion.com/1-2-oz-us-commemorative-arts-gold-medal-random-design?qty=1
Since those are 90% gold (like junk silver), how do you determine the price per ounce? Is it as simple as .90x.5 = .45 oz.? So 997.29 / .45 oz = 2216.20/oz.?I requested that, as a return customer, they look over the coins and only ship ones that have "one half ounce gold" on them (even though it's supposed to be random). We'll see if they actually do that, and I will let you know.
Since those are 90% gold (like junk silver), how do you determine the price per ounce? Is it as simple as .90x.5 = .45 oz.? So 997.29 / .45 oz = 2216.20/oz.?
Well I had seen someone (snorko maybe?) say that $1.40 in face value for junk silver = 1 oz. for figuring prices, so I didn't know if there were some other formula for "junk" gold.That math checks out.
Well I had seen someone (snorko maybe?) say that $1.40 in face value for junk silver = 1 oz. for figuring prices, so I didn't know if there were some other formula for "junk" gold.
That makes sense I guess.Gold coins don't have a consistent dollar denomination per ounce, or there could be a formula same as with US 90% silver coins.
It's currently at 2348.00 now, so are you saying on the 7th it had gotten up to around 3348.00? That's a huge swing!Yes, the charting dates do make a difference. It could be down 30% today and still be in the green on longer term.
That's crazy. Dang!Looks like about $3424 was the "tippy top" to quote the economic genius AOC.