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 U.S. 90% silver coins to equal 1 oz of Ag?
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Nickelless
Administrator


USA
5580 Posts

Posted - 01/22/2008 :  00:47:45  Show Profile Send Nickelless a Private Message
Still being a newbie in PM collecting, I've accrued about $60 face value in 90% silver U.S. coins, as well as war nickels, and it got me to wondering what coin combination(s) would yield the closest thing to an ounce of silver. I figured you guys would probably know. :)


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Miser-stro
Penny Sorter Member

74 Posts

Posted - 01/22/2008 :  03:20:36  Show Profile Send Miser-stro a Private Message
There are a million different combinations based on what type of coinage you have, and how close to an exact ounce you want to get. Basing my findings on the Red Book, here are some of the pure silver weights of common 90% coins (and the war nickels).

Dollar .77344 oz pure
Halve .36169 oz pure
Quarter .18084 oz pure
Dime .07234 oz pure
Nickel .05626 oz pure (war nickels only)

So you can figure it however you wish. It looks like a Dollar, Quarter, and War Nickel will put you about 1.010 oz which is quite close. Or within the same one-hundredth of an ounce a Dollar and 3 dimes is 0.990 There may be an even closer combination though, I don't know.


Edited by - Miser-stro on 01/22/2008 03:22:18
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Nickelless
Administrator



USA
5580 Posts

Posted - 01/22/2008 :  06:10:24  Show Profile Send Nickelless a Private Message
Well, I just decided to drop a few pennies on eBay and got a pocket-sized jewelry scale, which should do the trick since I'm not trying to measure down to the fraction of a grain. Any experience in using jewelry scales, like the pocket-sized ones (as opposed to the professional models)?


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Miser-stro
Penny Sorter Member

74 Posts

Posted - 01/22/2008 :  13:03:27  Show Profile Send Miser-stro a Private Message
I don't know.... coincidentally I also bought my first pocket size jewelry scale on ebay. So we shall see. I know several guys who use them and they work great.

Of course like anything else, I'm sure some are better quality than others.
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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 01/22/2008 :  14:53:13  Show Profile Send horgad a Private Message
What amazes me about those scales is that even the cheap ones seem to work just fine. I got the second cheapest one that I could find (I was too scared to buy the cheapest) and I don't have a single complaint about it.

As for silver weights, don't forget to factor in wear. Www.tulving.com for example estimates $1000 circulated face 90% coins to contain 715 Troy ounces of pure silver. Using coinflation numbers, $1000 face should have 723.39 Troy ounces of pure silver, but that only works for uncirculated coins. So about 1.1% of the silver in an average circulated 90% coin has been lost.

Using the above and average worn 90% coins, $1.40 face will get you almost exactly at 1 ounce ($1000/715). Using uncirculated coins, you would need $1.38 face to get one once (unfortunately an odd number).

Edited by - horgad on 01/22/2008 14:54:29
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HoardCopperByTheTon
Administrator



USA
6807 Posts

Posted - 01/22/2008 :  16:39:38  Show Profile Send HoardCopperByTheTon a Private Message
I bought a few scales on eBay also. I have some of the higher end ones, but the cheap one I bought works just fine also. I used to sort my pennies using these scales before I got my Ryedale. $1.40 sounds about right to me. Each individual coin will have varying amounts of wear, so just pile your 90% dimes, quarters and halves on the scale until you get to 1.11111111111111111111111111111111111111111111111111111111111111111111111111 ounces.

If your percentages are low.. just sort more. If your percentages are high.. just sort more.

Now selling Copper pennies. 1.6x plus shipping. Limited amounts available.
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horgad
1000+ Penny Miser Member



USA
1641 Posts

Posted - 01/23/2008 :  08:16:25  Show Profile Send horgad a Private Message
quote:
Originally posted by HoardCopperByTheTon

I bought a few scales on eBay also. I have some of the higher end ones, but the cheap one I bought works just fine also. I used to sort my pennies using these scales before I got my Ryedale. $1.40 sounds about right to me. Each individual coin will have varying amounts of wear, so just pile your 90% dimes, quarters and halves on the scale until you get to 1.11111111111111111111111111111111111111111111111111111111111111111111111111 ounces.



Agreed but you may have to set your scale to grams and shoot for 34.5594444444444444444444444444444444444444444444444444444444 since I doubt a no frills scale will do Troy ounces.

Edited by - horgad on 01/23/2008 08:18:48
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