The Math Behind Our Pricing

Pricing is often a tricky topic to navigate. We want to find a price point that feels fair and creates a true win-win situation for our users. Here's the logic behind our pricing model.

The Value of Peace of Mind

As of this writing, 1 oz of silver is trading around $90.

Let's imagine you're looking to buy coins from sources other than your local trusted dealer—perhaps online marketplaces, estate sales, or private sellers. Naturally, there's a slightly higher risk of encountering a counterfeit. For our calculations, we estimate that risk at 0.5% (1 in 200 coins) ¹.

If we assume a typical coin value of roughly $100 (spot price plus premium), the math looks like this:

• 99.5% of the time, you get a genuine coin worth the full value.
• 0.5% of the time, you risk losing your $100 investment on a fake.

Statistically, the "expected loss" or cost of this risk per coin is:

0.005 × $100 = $0.50

This means that for any tool that can eliminate that risk, it's worth paying up to $0.50 per coin to ensure you aren't losing money in the long run.

When Does Pingcoin Pay for Itself?

With our Collector Annual plan at $29/year, Pingcoin pays for itself after testing just:

$29 ÷ $0.50 = 58 coins per year

That's roughly 5 coins per month—or about 1 coin per week. If you're an active collector buying from varied sources, you'll hit that number easily.

For the Lifetime plan at $99, the break-even point is:

$99 ÷ $0.50 = 198 coins

After that, every additional test is pure value. If you test 10 coins per month, the Lifetime plan pays for itself in under 2 years—and then you're covered forever.

Here's an overview of the pricing:

The more you test, the more value you get. Active collectors testing 20+ coins per month see an expected value of $120+ per year in risk protection—more than 4x the annual subscription cost.

This doesn't even account for gold coins, which (although more difficult to counterfeit) have higher price points and therefore higher expected value.

This also doesn't account for the opportunity value of being able to shop for lower-premium deals with confidence, knowing you can verify them yourself.

Simple, Unlimited Testing

Both plans give you unlimited verdicts—test as many coins as you want, as often as you want. No counting, no limits, no surprises. Whether you're verifying a single coin or working through an entire collection, you're covered.

Comments?

We are open to feedback on our pricing and the underlying math. Ultimately we want to be rewarded for our work while offering good value for our users. Let us know what you think at [email protected].