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Question for Math geeks: War nickel copper value

percybpercyb Posts: 3,324 ✭✭✭✭
I'm wondering what the copper value of the war nickel is worth. Silver content is worth is worth $1.83. Copper is 56% of the weight though.... and the nickel wieghs 5 grams.
Copper is $4.43 a pound. So how much is 56% of 5 grams...
"Poets are the unacknowledged legislators of the world." PBShelley

Comments

  • http://www.coinflation.com/coins/1942-1945-Silver-War-Nickel-Value.html





    1. Calculate 35% silver value :


        (32.66 × .0321507466 × 5.00 × .35)  =  $1.8375759219


    $1.8375 is the rounded silver value for the 1942-1945 silver nickel on February 18, 2011. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.



    2. Calculate 56% copper value :


        (4.4731 × .00220462262 × 5.00 × .56)  =  $0.0276117


    3. Calculate 9% manganese value :


        (3560.00 × (1.0 × 10-6) × 5.00 × .09)  =  $.001602


    4. Add the three together :


        $1.8375759219 + $0.0276117 + $.001602 = $1.8667896219




    $1.8667896219 is the total melt value for the 1942-1945 silver nickel on February 18, 2011.
  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>http://www.coinflation.com/coins/1942-1945-Silver-War-Nickel-Value.html

    $1.8667896219 is the total melt value for the 1942-1945 silver nickel on February 18, 2011. >>



    Thanks Geo. It would have taken me till the end of time to calculate all of that!!
    "Poets are the unacknowledged legislators of the world." PBShelley
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭

    Copper

    .56 x 5 / 453 x $4.43 = 2.7¢



    It's easier than looking up conversion factors if you just do the ratios.
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>Copper

    .56 x 5 / 453 x $4.43 = 2.7¢



    It's easier than looking up conversion factors if you just do the ratios. >>



    Thanks Frank. What is the 453? Is that how many grams in an ounce?
    "Poets are the unacknowledged legislators of the world." PBShelley
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭


    << <i>

    << <i>Copper

    .56 x 5 / 453 x $4.43 = 2.7¢



    It's easier than looking up conversion factors if you just do the ratios. >>



    Thanks Frank. What is the 453? Is that how many grams in an ounce? >>



    453 grams in a POUND. Copper is valued in ordinary pounds like on a kitchen scale
    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • percybpercyb Posts: 3,324 ✭✭✭✭


    << <i>

    << <i>

    << <i>Copper

    .56 x 5 / 453 x $4.43 = 2.7¢



    It's easier than looking up conversion factors if you just do the ratios. >>



    Thanks Frank. What is the 453? Is that how many grams in an ounce? >>



    453 grams in a POUND. Copper is valued in ordinary pounds like on a kitchen scale >>


    I was thinking it was probably pounds right have I hit the reply tab. Thanks again!!
    "Poets are the unacknowledged legislators of the world." PBShelley
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