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<p>[QUOTE="Conder101, post: 73284, member: 66"]If you assumed zero cost to seperate the metals, a 40% silver half contains $1.06 worth of silver at $7 per oz. The copper in the coin is worth 2.4 cents with copper at $1.60 per pound So the full theoreticalvalue of the metal in the coin is $1.08 Dealers are paying what 75 cents apiece? The other 33 cents represents the profit for the dealer, transportation expenses, melting expense, refining expense, and the profit for the smelter.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 73284, member: 66"]If you assumed zero cost to seperate the metals, a 40% silver half contains $1.06 worth of silver at $7 per oz. The copper in the coin is worth 2.4 cents with copper at $1.60 per pound So the full theoreticalvalue of the metal in the coin is $1.08 Dealers are paying what 75 cents apiece? The other 33 cents represents the profit for the dealer, transportation expenses, melting expense, refining expense, and the profit for the smelter.[/QUOTE]
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