How to Use the OTC Metals Profit Calculator

1. Enter the BID Price per Ounce ($):
   Input the current market BID price of the metal per ounce in US dollars.
2. Enter the Liquidity Rate (%):
   This is the percentage at which your refinery or buyer pays you for the metal's spot value. For example, if they pay you 95% of the spot value, enter 95.
3. Enter the Payout Rate (%):
   This is the percentage at which you pay your customers for their metal. For example, if you pay them 80% of the spot value, enter 80.
4. Select Preferred Unit of Measurement:
   Choose between Grams (g), Troy Ounces (ozt), or Pennyweight (dwt) from the dropdown in the Settings section.
5. Add Metal Items:
   - Click the "Add Item" button to include a metal item in the calculation.
   - For each item, enter the Weight and Purity (%) (from 0.01 to 99.99).
   - Use the legend below for standard purity values.
   - The Weight and Purity input fields are displayed side by side for convenience.
   - You can add multiple items by repeating this step.
   - To remove an item, click the "Remove" button next to it.
6. Calculate the Values:
   - Click the "Calculate" button to compute the results based on your inputs.
   - The calculator will display the following:
   • Full Spot Value: The total market value of the metal items based on the BID price and their purities.
   • Liquidity Value: The amount you will receive from your refinery or buyer, calculated using the Liquidity Rate.
   • Payout: The total amount you will pay to your customers, calculated using the Payout Rate.
   • Margin: Your profit from the transaction, calculated as the difference between the Liquidity Value and the Payout.
   • Margin as % of Payout: The margin expressed as a percentage of the Payout.
   • Pure Metal Content: The total weight of pure metal across all items in your selected unit.
   • Estimated Purity (%): The overall purity percentage based on the total weight and pure metal content.
7. Show OTC Sheet:
   - Click the "Show OTC Sheet" button to generate a table displaying the payout per unit for various standard metal purities based on the BID price and your Payout Rate.
   - This can help you communicate standard rates to your customers.
8. Clear the Calculator:
   - Click the "Clear" button to reset all fields and start a new calculation.
   - Your default Liquidity Rate, Payout Rate, and Unit of Measurement preferences will be retained.
9. Save Preferences:
   - Under the "Settings" section, you can set your default Liquidity Rate, Payout Rate, and Unit of Measurement.
   - Enter your preferred rates and select your preferred unit, then click the "Save Preferences" button.
   - Your preferences will be saved for future use.
10. Legend of Standard Purities:
    Use these standard purities for quick reference when entering Purity (%):
    • 8 Karat: 33.33%
    • 9 Karat: 37.50%
    • 10 Karat: 41.67%
    • 12 Karat: 50.00%
    • 14 Karat: 58.33%
    • 16 Karat: 66.67%
    • 18 Karat: 75.00%
    • 22 Karat: 91.67%
    • 24 Karat: 99.99%
    • 800: 80.00%
    • 900: 90.00%
    • 925: 92.50%
    • 950: 95.00%
11. Responsive Design:
    - The calculator is designed to be responsive and user-friendly on both desktop and mobile devices.
    - Input fields and buttons adjust to screen sizes for optimal usability.
12. Attribution:
    - This calculator is provided by Aurora Gold and Silver, LLC.
    - Contact us at: 447-444-COIN (2646) or email us at: info@auroragoldshop.com.