Spot Prices

Spot silver and gold prices are automatically loaded from in the two fields at the top of the Calculator. Update the spot prices by pressing the Refresh Spot Prices button. if the feed is down or if you want to enter specific spot prices, you can enter then manually. Simply check the Override Pricing button and enter the spot prices you want to use.


In the first field of the calculator portion, select a paper currency to be exchanged. Tapping in this box will open a wheel at the bottom. Select your currency and then tap again anywhere outside the wheel. The spot feed will update to reflect the selected currency.


In the second field of the calculator enter the amount of paper currency to be exchanged. Tapping in this box will open a number keyboard.


Click the CALCULATE button and The Silver & Gold Payment Calculator will automatically compute the silver and gold equivalent of the amount of the paper currency you entered under current market conditions (or under the manually-entered spot prices.) If you want an all gold or all silver solution, just specify which at the bottom of the calculator.

Payment Options

Your Payment Options for tendering the equivalent amount you entered under current market conditions (or under the manually-entered spot prices) are now listed below:

  • Option A: PAY ALL in US 90% silver coins totaling the face value dollar amount display under Option A.
  • Option B: PAY MOST of the amount in gold coins indicated plus any REMAINDER in either 1 oz silver coins or US 90% silver coins (you choose) totaling the face value dollar amount displayed under Option B.
  • Option C: Use equivalent tables to make substitutions.

What Are “Face Value Dollar?”

Dollars of paper and dollars of coin confuse, but don’t let it. We all know what paper currency is–colored pieces paper with engravings of famous citizens and leaders. A “face value dollar” is merely the stated value of American Eagle coins or any combination of pre-1965 US 90% silver dimes, quarters, or halves that adds up to one dollar in US 90% silver coin.

Exact Gold Substitutions

For one 1/2, 1/4, or 1/10 ounce gold you may use any same-sized coins from any country. Some coins have face values and some do not which are noted in the Equivalents Chart which provides a list of substitute coins. you may also substitute denominations. For instance, if the Calculator calls for for one 1/2 ounce coin, you can also pay two 1/4 ounce coins or five 1/10 ounce coins.

Inexact Substitutions

If you want to use gold coins that do not contain an exact ounce, 1/2 ounce, 1/4 ounce, or 1/10 ounce, or silver coins other than US 90% dimes, quarters, or halves, refer to the Gold & Silver Equivalent Table to determine the value of those coins based on the current spot silver & gold prices described in Step 1.

Add A Premium

The Silver & Gold Payment Calculator figures exchange values from paper currency into silver & gold based on spot silver & gold values ONLY. The Calculator does not automatically include any premium or discount above the spot gold or silver value of the coin or bar. However, if you would like to include a premium above the spot price to be added to both the gold and silver value, you can add that premium percentage in the third field.

Saves You Money

The Silver & Gold Payment Calculator does not include any spread between a “buy” price and “sell” price. if you want to accumulate silver or gold, your cheapest alternative is to use the Calculator and get your silver and gold in direct exchange with others, avoiding spreads, delivery, and commissions.

Want To Check Currency Exchange Rates?

No Problem, just link to XE’s Universal Currency Converter.


Can you help us make the Calculator better? Send feedback to the Support – see the navigation links at the bottom of the Calculator.