How big would silver dimes, quarters, halfs and dollars be at todays's prices?
I was wondering how big, or small
, a dime, quarter, half and dollar be to hold ten cents worth, 25 cents worth, 50 cents worth and $1 worth of silver in ounces and diameter? Pretty small I bet.
What Mr. Spock would say about numismatics...
... "Fascinating, but not logical"
"Live long and prosper"
My "How I Started" columns
... "Fascinating, but not logical""Live long and prosper"
My "How I Started" columns
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A quarter would be much less than 1 gram and would disappear every day that
silver went up. We'd be recoining to a different standard day in and day out.
It's simply impossible. We could use a little dime sized $5 coin but if silver goes
higher we'd need a supply of paper to replace it.
Thanks for the great replies. And people say they wouldn't like carrying around coins instead of bills because they'd be so heavy.
"Live long and prosper"
My "How I Started" columns
In honor of the memory of Cpl. Michael E. Thompson
<< <i>If I toke your math right that dime would be about one mm.
Wow, That's one small dime!
With those same calculations how small would the quarter, half and dollar be?
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The 4p coin is 18 mm about the same as the current U. S. dime. The 4p weighs 1.9 grams or about 90 cents worth at .900 fine silver. So a dollar coin would be approximately the size of the current dime, if 90% silver, with silver at $17 per ounce. The half dollar would be about the size of the 2p coin in the image.
For example, at $20.67 per ounce, a gold $20 coin would be slightly smaller than a standard US double eagle. At $41.34 the coin would automatically shrink to half its former size, and so on. You could put your coins on the nightstand next to your bed and wake up with a bigger pile of money – provided the gold price went down.
Every coin can therefore be full value all the time, but the value will change from moment to moment. Carlo Ponzi, where are you when we need your genius??!!!
Oh--almost forgot --- did I mention the fee? Added value!! Just like your deregulated electricity.
Go BIG or GO HOME. ©Bill