The Coin Calculator calculates the current bullion value for commonly traded coins such as the U.S. British SovereignGold Eagle, South African Krugerrand, Canadian Maple Leaf, and the British Sovereign.

# Description

The Coin Calculator has equations providing the current value inclusive of the current bullion price for of a few well known gold coins. It also provides the current Spot price for selected precious metals. It uses the characteristics of well known coins such as the Krugerrand, Gold Eagle and Maple Leaf to determine the bullion value based on the current precious metals market price. The equations also allow for a numismatic value to be added to the equation. Currently, all the values are returned in U.S. dollars.

U.S. Gold Eagle

## Coins

This calculator currently has equations for the Krugerrand, Gold Eagle, Maple Leaf, and British Sovereign. Each equation uses the current spot price, the coin's weight and the percent of precious metal (karat) to formulate the bullion value for the number of coins. The equations also provide for a unit numismatic value that can be added per coin.

## Spots

The Platinum, Gold, Palladium, and Silver Spot equations show the current market price for the specific precious metal.Canadian Maple Leaf

## Alloy Price

The Gold and Alloy Value functions provide a "buy price" for a dealer based on the current spot price of the refined metal, the refinement fee, and the desired profit. This is useful to all buyers of scrap metal and bullion and to consumers who wish to have an accurate estimation of the value of their precious metals.

# Usage

Coins that are minted with precious metals fluctuate in value based on the bullion content of the coin. Different coins have different weights and different percentages of precious metals. This calculator uses the publish weight and purity of the coins with the current spot price of the precious metal to provide an useful estimate of the current market value of the bullion in the coins. The equations also provide an input for the numismatic value of coins that is added to the bullion value.

# See Also