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silver dime buys gallon of gas
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2022 May 1, 12:18am 16,242 views 92 comments
by AD ➕follow (1) 💰tip ignore
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87
AD
2024 Jul 7, 1:29pm
AD
2024 Jul 7, 1:29pm
Onvacation says
Unlike Florida and most of the USA, it takes 2 silver quarters (not 1 silver quarter) to buy a gallon of gasoline In California.
and then you have this: https://www.ocregister.com/2024/07/05/californias-gas-tax-just-went-up-so-has-the-bickering-2/
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Two silver dimes in California.
Unlike Florida and most of the USA, it takes 2 silver quarters (not 1 silver quarter) to buy a gallon of gasoline In California.
and then you have this: https://www.ocregister.com/2024/07/05/californias-gas-tax-just-went-up-so-has-the-bickering-2/
,
88
Onvacation
2024 Jul 7, 1:36pm
Onvacation
2024 Jul 7, 1:36pm
AD says
You meant 2 silver dimes, right?
I believe the current silver value in 90% US silver coins is approximately 20 times face value. So two silver dimes would buy one $4 gallon of gas.
Unlike Florida and most of the USA, it takes 2 silver quarters (not 1 silver quarter) to buy a gallon of gasoline In California.
You meant 2 silver dimes, right?
I believe the current silver value in 90% US silver coins is approximately 20 times face value. So two silver dimes would buy one $4 gallon of gas.
89
AD
2024 Jul 7, 5:10pm
AD
2024 Jul 7, 5:10pm
Onvacation says
Its about $5 a gallon in San Fran Bay Area.
Yeah a silver dime is worth about $2.25 and a silver quarter is worth about $6.
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AD says
Unlike Florida and most of the USA, it takes 2 silver quarters (not 1 silver quarter) to buy a gallon of gasoline In California.
You meant 2 silver dimes, right?
I believe the current silver value in 90% US silver coins is approximately 20 times face value. So two silver dimes would buy one $4 gallon of gas.
Its about $5 a gallon in San Fran Bay Area.
Yeah a silver dime is worth about $2.25 and a silver quarter is worth about $6.
.
90
SunnyvaleCA
2024 Jul 7, 6:02pm
Onvacation says
Pretty close at the moment, but the market has moved even a bit higher.
What a silver coin is worth:
First, the current price of a troy ounce of silver. I use this https://www.kitco.com/price/precious-metals . Currently a ozt of silver is $31.16.
Then, for dimes, quarters, and halves: ozt price x coin fraction x 0.72 .
For silver dollars, there is actually more silver! Instead of 0.72, use 0.77 .
A dime is worth $31.16 x 0.1 x 0.72 = $2.24
A quarter is worth $31.16 x 0.25 x 0.72 = $5.61
A half dollar is worth $31.16 x 0.5 x 0.72 = $11.22
A silver dollar is worth $31.16 x 1 x 0.77 = $23.99
I believe the current silver value in 90% US silver coins is approximately 20 times face value. So two silver dimes would buy one $4 gallon of gas.
Pretty close at the moment, but the market has moved even a bit higher.
What a silver coin is worth:
First, the current price of a troy ounce of silver. I use this https://www.kitco.com/price/precious-metals . Currently a ozt of silver is $31.16.
Then, for dimes, quarters, and halves: ozt price x coin fraction x 0.72 .
For silver dollars, there is actually more silver! Instead of 0.72, use 0.77 .
A dime is worth $31.16 x 0.1 x 0.72 = $2.24
A quarter is worth $31.16 x 0.25 x 0.72 = $5.61
A half dollar is worth $31.16 x 0.5 x 0.72 = $11.22
A silver dollar is worth $31.16 x 1 x 0.77 = $23.99
91
AD
2024 Jul 7, 8:23pm
AD
2024 Jul 7, 8:23pm
SoTex says
I guess silver and gold coins are fungible, just like canned food and drinkable water, if society gets that bad, as in Shit Hits The Fan.
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That Bosnian guy mentioned it as a hot item in a SHTF cannibal anarchy situation.
I guess silver and gold coins are fungible, just like canned food and drinkable water, if society gets that bad, as in Shit Hits The Fan.
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