Silver and Gold

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DiggityBiggity

Silver and Gold

Post by DiggityBiggity »

Does anyone know anything about silver and gold coins? Like... how much is a silver half dollar REALLY worth?
84fierotrevor
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Re: Silver and Gold

Post by 84fierotrevor »

DiggityBiggity wrote:Does anyone know anything about silver and gold coins? Like... how much is a silver half dollar REALLY worth?
50 cents, get yourself a slurpy at 7-11 and smile the rest of the day :thumbleft:

can you really put a price on that?
DiggityBiggity

Post by DiggityBiggity »

Dude.. a 90% silver half dollar MUST be worth more than $.50
donk_316
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Post by donk_316 »

how much does it weigh? an ounze of silver is 12-13 bucks.
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DiggityBiggity

Post by DiggityBiggity »

11.25 grams of Silver
DiggityBiggity

Post by DiggityBiggity »

So does that make it about $4 a coin?
Fastback86
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Post by Fastback86 »

The US Mint sells the silver coins for $20-30. Some of that is certainly mark up, but it makes me wonder what the actual material value is. I somehow doubt they're charging a 400-700% increase over the material value.

http://catalog.usmint.gov/webapp/wcs/st ... ogId=10001
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DiggityBiggity

Post by DiggityBiggity »

DiggityBiggity wrote:11.25 grams of Silver
So was my math correct? At that weight and the current price of silver, are they worth about $4-$5?
cactus bastard
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Post by cactus bastard »

The Canadian Mint produces a new series of "limited edition" quarters each year. They're made out of nickel or whatever the hell quarters are usually made out of and they circulate them as usual, but they also sell them directly for a hell of a markup. I think the full sets (10 or 12 quarters) are like $25 each.

And these things aren't even remotely rare. As long as you make cash purchases once or twice a week, you could easily just collect them yourself.
Why would you eat bad ice cream?
DiggityBiggity

Post by DiggityBiggity »

cactus bastard wrote:The Canadian Mint produces a new series of "limited edition" quarters each year. They're made out of nickel or whatever the hell quarters are usually made out of and they circulate them as usual, but they also sell them directly for a hell of a markup. I think the full sets (10 or 12 quarters) are like $25 each.

And these things aren't even remotely rare. As long as you make cash purchases once or twice a week, you could easily just collect them yourself.
I don't live in Canada
Dirty Sanchez
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Post by Dirty Sanchez »

Some American coins actually contain more precious metals than their face value. I think it is illegal to melt them down to extract these metals if that is why you were asking.
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whipped
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Post by whipped »

Pennies made before 1974 are made with more than a penny's worth of copper. I think copper is ~$3/lb. A penny weighs 2.5g

182 pennies per pound

So, find 182 pennies made before 1974, melt them down, and buy a big mac with your profit. Good luck finding old pennies though..... I think everybody knows this now. ;)
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Post by stimpy »

My grandparents had a glass 5 gallon water bottle full of pennies when I was a kid. I wonder what happened to that. It must have had pennies back from the 40's.
cactus bastard
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Post by cactus bastard »

DiggityBiggity wrote: I don't live in Canada
I wasn't talking to you.
Why would you eat bad ice cream?
DiggityBiggity

Post by DiggityBiggity »

cactus bastard wrote:
DiggityBiggity wrote: I don't live in Canada
I wasn't talking to you.
Uhmm... Ok?
84fierotrevor
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Post by 84fierotrevor »

DiggityBiggity wrote:
DiggityBiggity wrote:11.25 grams of Silver
So was my math correct? At that weight and the current price of silver, are they worth about $4-$5?

dude thats like 10 slurrpy's in a row, each one better then the next :thumbleft:

i envey you :salute: slurrpy god
Pyrthian
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Re: Silver and Gold

Post by Pyrthian »

DiggityBiggity wrote:Does anyone know anything about silver and gold coins? Like... how much is a silver half dollar REALLY worth?
silver - roughly $25-35 for a 1 oz coin.
a actual silver half dollar - depends on the coin.
gold - roughly $500 for a 1 oz coin.
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