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Economista Austriaco
@EconomistaAustriaco
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.
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BTC_P2P · 32w
In theory. Precious metals dealers will never pay spot price. Which is one of the many reasons precious metals suck.
BTCBaggins · 32w
Silver is going to melt faces. Just you wait! https://image.nostr.build/f0ccf6e531661c322f7a42c79ee18b462272a8490333ac8dcd643f30cb9a3174.gif