Dealer Buy Price Wholesale Fraction Calculator
Apply independently negotiated dealer wholesale fraction. Exact nearest-minor rounding with ties away from zero, one caller currency. Caller independently verifies observations, reference edition, units and applicability; not a grading-service certificate, authentication, conservation treatment, actual market price or legal/insurance entitlement.
Description
A dealer buying fraction applies an explicit wholesale allowance to a reference amount.
A dealer buying fraction applies an explicit wholesale allowance to a reference amount.1
This calculator computes that fraction in minor currency units without obtaining a dealer offer or appraising a stamp.
When to use Dealer Buy Price Wholesale Fraction Calculator
Use this tool when you need to summarize the supplied collecting records or matched observations. Prepare independently verified observations, reference edition/context, and matching units or currency basis.
How to use Dealer Buy Price Wholesale Fraction Calculator and understand its results
- Prepare independently verified observations, reference edition/context, and matching units or currency basis.
- Enter catalogueBaseMinor, wholesaleBasisPoints, following the field table and calculation rules below, then run the tool.
- Read estimatedValueMinor. For result objects, inspect the nested output fields below, including any missing evidence or selected indices.
- Correct any input issues and run again. Before using a successful result, review its units, signs, evidence coverage, and stated model or reference assumptions.
| Input field | Meaning | Value type | Requirement |
|---|---|---|---|
| catalogueBaseMinor | Catalogue base minor; integer minor units in the explicit currency basis. | number | Required |
| wholesaleBasisPoints | Wholesale basis points; one basis point is 0.01 percent. | number | Required |
Require nonnegative safe-integer base and basis points from zero through ten thousand. Return the rounded base times basisPoints/10000 using exact integer arithmetic and checked representability.
wholesaleMinor=roundMinor(baseMinor×fractionBp/10000) Read these symbols with the field meanings and branch or reference rules above.
| Output field | Meaning | Value type |
|---|---|---|
| estimatedValueMinor | Estimated value minor; integer minor units in the explicit currency basis. | number |
Where monetary amounts are used, keep one explicit currency and minor-unit basis; one basis point is 0.01 percent. Monetary integers and exact products must remain in JavaScript’s safe-integer range. Rational rounding uses nearest minor unit with half ties away from zero, rather than binary floating-point rounding. An input called a reference amount does not fetch or establish an actual price.
{
"input": {
"catalogueBaseMinor": 10001,
"wholesaleBasisPoints": 3000
},
"output": {
"estimatedValueMinor": 3000
}
}Limitations and assumptions
Observations, reference edition, and applicability are independently supplied. Arithmetic and reference summaries do not provide authentication, a certified grade, or an actual market price.
Missing required fields, unknown fields, wrong types, and violated calculation rules return input issues. Numeric values must be finite; nonfinite numeric outputs are rejected.
Alternative or Complementary methods
For a related task, use Estate Probate Discount Value Estimator: An estate valuation discount represents a supplied adjustment to a reference amount. This estimator subtracts a rounded basis-point discount in minor units without establishing a probate valuation. For a complementary step, use Auction Seller Commission Net Proceeds Calculator: A seller’s net proceeds depend on hammer price, commission, and fixed charges. This calculator uses explicit minor-unit amounts and a supplied commission rate, allowing charges to exceed the price.
References
Similar or alternative tools
- Estate Probate Discount Value Estimator
An estate valuation discount represents a supplied adjustment to a reference amount. This estimator subtracts a rounded basis-point discount in minor units without establishing a probate valuation.
- Auction Seller Commission Net Proceeds Calculator
A seller’s net proceeds depend on hammer price, commission, and fixed charges. This calculator uses explicit minor-unit amounts and a supplied commission rate, allowing charges to exceed the price.