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<p>[QUOTE=&quot;kaparthy, post: 67222, member: 57463&quot;]<b>The Reciprocal of the Square Root of Two</b></p><p><br /></p><p>Silver is about $7 per ounce.&nbsp; There are 0.7 ounces of silver in four US silver quarters, so each one is worth about 5 times face or $1.25.</p><p><br /></p><p>There are many ways to figure this out.&nbsp; A half dollar has 12.5 grams of 90% silver.&nbsp; A Dime has 2.5 grams of 90% silver.&nbsp; Four quarters have 25 grams of 90% silver.</p><p><br /></p><p>There are 31.1 grams in a troy ounce.&nbsp; </p><p><br /></p><p>2 * 12.5 * .90 =&nbsp; 10 * 2.5 *.90 = 22.5 grams per dollar minor (NOT &quot;Silver Dollars.&quot;&nbsp; Silver dollars were minted to a different standard.)</p><p>22.5 / 31.1 = 0.7234</p><p><br /></p><p>At this moment, <a href="http://www.kitco.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.kitco.com" rel="nofollow">www.kitco.com</a> is quoting 6.98 for silver spot.</p><p>0.7234 * 6.98 = 5.049332 or about 5 times face.</p><p><br /></p><p>Basically, take the spot price and multiply by 0.7.[/QUOTE]</p><p><br /></p>

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