Nostr Web Client

If it’s a Washington Quarter (or similar) from 1964 or earlier, then it’s composed of 90% silver and 10% copper, with a total weight of 6.25 grams.

• In that composition, it contains approximately 0.1808 troy ounces of pure silver.

• Using the current silver price (~US $50.82 per troy ounce according to the source), the melt value comes out to about US $9.19 for that coin.

Please Login to reply.

In theory. Precious metals dealers will never pay spot price. Which is one of the many reasons precious metals suck.

Let’s not let perfect be the enemy of good, I’d much rather Bitcoin too.

Metals cannot be transacted through space. So they require a peg and subsequent trust - this model just doesn’t work.

Silver is going to melt faces. Just you wait!

Bingo. Liberty_lyss, ostensibly the graphic creator, either clearly can’t do math or doesn’t always think critically.