Silver by the pound!

If you have a one pound silver round. Not a One TROY pound silver round. You have 16 oz.

 

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THANK YOU!!!!

[So, it would say Troy if it was Troy.]

Therefore, one pound (16 oz) = 16 X $19.26= $308.16!

Nice

 

NO

1 US pound = 13.58 troy ounces
13.58 * 19.26 = $280.82

 

Pulling a few chains, aren't we??????????


Frank

 

UH, apparently I are dumb?!?!

clueless in NY

 

I had gotten it a while ago in this thread (for a while it was like mud ) but thank you anyways for putting it in clear English!!! :thumb:

 

So you are saying that 1 ounce does not equal 28.35 grams?? Or one lb doesn't equal .4536 kilograms??

 

http://en.wikipedia.org/wiki/Troy_ounce

 

since the feathers would be 16 regular ounces and the gold would be 12 troy ounces....yeah you're right. but not confusing since a troy ounce weighs more than a regular ounce.

 

And here I thought it had something to do with chickens...

 

i was gonna ask if the feathers came with chickens or not...lol

 

Awesome. WHEN ARE YOU GUYS GOING TO FIGURE THIS OUT!!!!!

 

well that totally throws my math off then. nevermind.

i dont suppose they would be from the goose that laid golden eggs or are they from regular xmas goose type geese?

 

See people, this is why we need to get with the program and switch to the metric system like the entire rest of the world has lol...

Why stubbornly hold onto a system of measurments invented by a country we rebelled against because we didn't want to do things their way anymore? Even they have abandoned that system.

1000 grams = 1 kilogram

Now if they just quoted precious metal prices per gram instead of by troy ounce lol this would be a lot simpler, wouldn't it?

 

Hate to break it to you, but in a 90's COINage issue, a company was interviewed selling Pound Rounds , but they didn't use Troy Pounds. Wish I could ID the particular issue....

 

Here is a break down

24 GRAINS = 1 penny weight
20 penny weight = 1 troy oz.
480 Grains =1 troy oz.
12 troy oz's. = 1 troy pound
1 troy oz. =31.104 GRAMS
1 Penny weight = 1.552 Grams

Morgan or Peace 15.46 Oz's. per roll or .77344 per coin
90% Halves 7.23 oz's. per roll or .36169 per coin
Quarters 7.23 per roll or .18084 per coin
Dimes 3.61 per roll or .07234 per coin

40% Halves 2.95 per roll or .14792 per coin
35% War Nick 2.25 per roll or .05626 per coin
Hope this helps
Paul

 

O.K. Years ago an acquaintance of mine was strapped for cash. He sold me a Dale Earnhardt thing which has "one pound proof" stamped on it. I did not think it was silver when I bought it from him but being the nice guy I am , I was willing to help him out and bought it ($25). This thing is from the Earnhardt estate. Anyhow it has sat on its little stand on my nick Nack shelf for years. It survived a house fire and year of inattention by me. Nowhere does it say anything about it being silver but I have seen some like it being sold on ebay as a 1 pound proof silver coin. One actually closed at $190. Now I am curious if this pound is like a gold pound or is it like the goose feather pound. . I guess I could put it on a scale but that would be to easy. Still not 100% sure it is silver but think so. It may just have to remain a mystery