The Silver Round Broker calculator computes the BUY or SELL value of a number of silver rounds based on their size, the current spot price for silver and either a selling markup or buying discount percent with regard to the silver content value.
INSTRUCTIONS: Enter the following:
- (SB) SELL or BUY
- (RS) Rounds Size (choose weight option for coins)
- 1/10 oz, 1/4 oz, 1/2oz, 1 oz
- 2 oz, 5 oz, 10 oz, 1 kilo
- (n) Number of Rounds
- (p) Purity (default .999 for fine silver)
- (SM) Sell Markup %
- (BD) Buy Discount %
Transaction Value (TV): The calculator returns the value of the silver rounds in U.S. dollars. However, this can be automatically converted to other currencies (e.g. Canadian dollars) via the pull-down menu.
The Math / Science
This equation uses the weight and purity of the silver rounds and the broker markup or discount, along with the current spot price of silver to determine the value of each item. The user can enter a count (n) for multiple items.
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