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40% Silver Half Dollar Question

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vanbroj's Avatar
United States
450 Posts
 Posted 09/04/2011  11:09 pm Show Profile   Bookmark this topic Add vanbroj to your friends list Get a Link to this Message Number of Subscribers
What is the ratio times face for 40% Silver verses 90% silver half dollars ?

Thanks , John
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 09/04/2011  11:18 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
40% halves have 4.6 grams of silver
90% halves have 11.25 grams of silver

at current spot prices:
40% is 12.81 times face
90% is 31.33 times face

40% are worth a little more than 1/3 90%
or three 40% are worth a little more that one 90%

<hope I figured that right>
Edited by Fuzzy317
09/04/2011 11:21 pm
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vanbroj's Avatar
United States
450 Posts
 Posted 09/04/2011  11:39 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Thanks Fuzzy !
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vanbroj's Avatar
United States
450 Posts
 Posted 09/07/2011  10:05 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
My local dealer is paying 11 times face, pretty good , huh ?
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muddler's Avatar
United States
7194 Posts
 Posted 09/07/2011  11:21 pm  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
As of spot now Provident metals is paying 11.55, with a minimum of $250 sale.
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