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Would It Be Possible To Have Silver Circulation Coins Today?
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<p>[QUOTE="Conder101, post: 2126609, member: 66"]Sure.</p><p><br /></p><p>Today silver is around $16 an oz so use a base of $50 an oz (so the value of silver would have to more than triple before the metal was worth more than the face value.) and you get .8 grams of silver to be in the new 40% silver half dollar. That would give you a finished weight for the new 40% silver half of roughly 2 grams or about the size of a current dime. A 40% silver quarter would be the size of a half dime, and a 40% dime would be a little smaller than the old 3 cent silver piece.</p><p><br /></p><p>Of course due to the sizes they wouldn't be that practical, but it could be done. you could make them larger if you were to reduce the fineness below 40%.</p><p><br /></p><p>Hoarding of the 40% silver coins would be unlikely because the face value of the coins would be much higher than the metal value.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2126609, member: 66"]Sure. Today silver is around $16 an oz so use a base of $50 an oz (so the value of silver would have to more than triple before the metal was worth more than the face value.) and you get .8 grams of silver to be in the new 40% silver half dollar. That would give you a finished weight for the new 40% silver half of roughly 2 grams or about the size of a current dime. A 40% silver quarter would be the size of a half dime, and a 40% dime would be a little smaller than the old 3 cent silver piece. Of course due to the sizes they wouldn't be that practical, but it could be done. you could make them larger if you were to reduce the fineness below 40%. Hoarding of the 40% silver coins would be unlikely because the face value of the coins would be much higher than the metal value.[/QUOTE]
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