Tuesday, October 8, 2019

A real silver dime. Wonder what one is worth today just in scrap silver?


10 comments:

  1. $1.28 as of right now. Calculate here:

    http://www.coinflation.com/coins/silver_coin_calculator.html

    ReplyDelete
  2. You beat me to it, Wookie. I have a bookmark on that site...........

    ReplyDelete
  3. Thank you for that link TW. I've also wondered how much $$$ is in the silver in pre-65 coins. I know it fluctuates, but this is a good way to get a ballpark figure.

    ReplyDelete
    Replies
    1. A dollar in pre-65 coins contains about 0.723 ounces of silver, so you can just take 72% of the spot silver price for a first estimate.

      At the moment, the spot price is $17.68, so that says $12.79 for the value of a silver dollar, which gives you the $1.28 for the dime.

      I'm an engineer. Naturally I have a spreadsheet.

      Delete
  4. I asked my dad. In 1962 he was a senior in highschool.
    He could buy a cheap loaf of bread for a silver dime.
    Sell that same dime today, buy a cheap loaf of bread with the money you get for it.

    ReplyDelete
  5. Old enough to remember getting barber dimes, bufflo nickles, seated liberty quarters and Indian head pennies as change

    ReplyDelete
  6. Worth a $1.28? Hell back in the 50s it bought me a cup of coffee better than the Starbuck's crap that now costs $5. Inflation sucks.

    ReplyDelete
  7. Love the fasces on the dime Mussolini is proud.

    I wish i had a bunch of these. My daughter has a silver certificate dollar.

    ReplyDelete
  8. jim rock's comment makes the point. Same with a $20 gold piece (1 oz), today's gold value will buy about the same as the gold piece would buy in the '20s. It's been down hill since going off the gold standard.

    ReplyDelete
  9. In 1968 minimum wage was 1.60 an hour.....the average wage was about 3.20....today the average wage is 32.00 an hour, the minimum wage is 7 and change....as you can see, not only did the minimum wage not keep up, but, even though average wage is ten times higher, so is the cost of living....who makes out on inflation?....the banks....

    ReplyDelete