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<p>[QUOTE=&quot;doug444, post: 1871538, member: 38849&quot;]Here&#039;s a little math for everybody.&nbsp; Let&#039;s go back 100 years.&nbsp; A 1914 $20 gold piece contained 0.9675 Troy ounces of pure gold.&nbsp; A 1914 half dollar contained 0.3617 Troy ounces of silver.&nbsp; A $20 gold was &quot;worth&quot; 40 half dollars.</p><p><br /></p><p>==40 half dollars contained 14.468 ounces of silver;</p><p>==1 double eagle contained 0.9675 ounces of gold;</p><p><br /></p><p>therefore, 1 ounce of gold was worth 1.0336 x 14.468 ounces of silver = 14.9540 ounces of silver,</p><p>or a price ratio, based on circulating coinage, of <b>about 15 to 1</b>, compared to today&#039;s 60 to 1.[/QUOTE]</p><p><br /></p>

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