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<p>[QUOTE="Magman, post: 321135, member: 3913"]True.</p><p>I corrected the weight so my formula for the 1$ silver works.</p><p><br /></p><p>A Morgan/Peace dollar weighs 26.73 grams.</p><p>90% of that is 24.05 grams, which equals .7732 troy ounces.</p><p><br /></p><p>So .7732 multiplied by the price of silver = the melt value <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p><br /></p><p>Its different because a half dollar has 5x the amount of silver as a dime, but a silver dollar has more like 10.8x the amount of silver, instead of 10x. So its a little off, but its easy to fix.[/QUOTE]</p><p><br /></p>
[QUOTE="Magman, post: 321135, member: 3913"]True. I corrected the weight so my formula for the 1$ silver works. A Morgan/Peace dollar weighs 26.73 grams. 90% of that is 24.05 grams, which equals .7732 troy ounces. So .7732 multiplied by the price of silver = the melt value :) Its different because a half dollar has 5x the amount of silver as a dime, but a silver dollar has more like 10.8x the amount of silver, instead of 10x. So its a little off, but its easy to fix.[/QUOTE]
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90% and 40% silver coins
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