Help Me Figure Out How Many Ounces....

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Author	Replies: 5 / Views: 1,424
Connor Pillar of the Community United States 2130 Posts	Posted 06/28/2011 10:18 pm A friend of mine asked me to try to figure out how many ounces of silver he has accumulated over the last few years and I need you guys help in converting to ounces. Here is what he has: $250 face value of 90% $50 face value of 40% $6 face value of 35% War Nickels. Lets assume all of these coins are in average circulated condition. Someone has told me in the past how to figure this out but I have forgot. Geez...this sounds like a math question out of a book! Thanks everybody for the help! Report this Post to the Staff

jimineez Valued Member United States 287 Posts	Posted 06/28/2011 10:48 pm try silver recyclers website I'll try to help in a few if you don't get a quicker reply.... Report this Post to the Staff
murrough New Member United States 25 Posts	Posted 06/28/2011 10:52 pm I think it should be somewhere around 202 oz of silver. I just ran it through a silver calculator online. It did give me different answers depending on what kind of 90% I used (about 13 ounces different from when I used halves as to when I used dollars). So I guess you would need to consider that. Report this Post to the Staff
jimineez Valued Member United States 287 Posts	Posted 06/28/2011 10:57 pm As minted: $250 of 90% = 180.8475 troy oz of pure silver $50 of 40% half dollars = 14.7893 troy oz of pure silver $6 of War Nickels = 6.7516 troy oz of pure silver note that these are figures if there is no wear on the coins. A lot of people assume average 90% US coins contain around .715 troy oz of silver per $1 face value...and pay accordingly! Report this Post to the Staff
jimineez Valued Member United States 287 Posts	Posted 06/28/2011 11:00 pm also, murrough is right.... silver dollars contain more silver than the smaller denom coins per $1 face value (50c 25c and 10c) and silver 40% dollars also contain more silver than two 40% halves Report this Post to the Staff
Connor Pillar of the Community United States 2130 Posts	Posted 06/29/2011 09:03 am Thanks guys for your help...This gives me a general idea of how many ounces. Report this Post to the Staff
	Replies: 5 / Views: 1,424

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