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silver dime buys gallon of gas


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2022 May 1, 12:18am   16,331 views  93 comments

by AD   ➕follow (1)   💰tip   ignore  

The amount of silver and value of a silver dime is equivalent to the cost of a gallon of gas since the dime entered circulation. Please read more below.
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86   Onvacation   2024 Jul 7, 11:11am  

AD says

silver dime buys gallon of gas

Two silver dimes in California.


87   AD   2024 Jul 7, 1:29pm  

Onvacation says

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/

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88   Onvacation   2024 Jul 7, 1:36pm  

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.
89   AD   2024 Jul 7, 5:10pm  

Onvacation says

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.

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90   SunnyvaleCA   2024 Jul 7, 6:02pm  

Onvacation says


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  

SoTex says

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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93   AD   2024 Nov 18, 4:46pm  

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inflation adjusted price of ounce of silver since February 1915

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