All 10¢ dimes issued in 1964 and years prior have 2.5 grams or almost 1/10th an ounce of pure silver in each coin. Although today's circulating dimes have a ‘silvery’ polish, they don’t contain any pure silver at all. The US Mint currently uses low-value pot metal alloys to strike all US dimes today.
All half dollars issued in 1964 and years prior had 11.4 grams or almost 2/5th an ounce of silver in each.
To calculate how much a silver half dollar melt value is, use the following equation and data inputs...
Since the beginning of this 21st Century, silver’s value versus every one of the hundreds of fiat currencies has increased.
If you are looking for something with more long term stability coupled with value appreciation potential versus continuously inflating paper and digital fiat currency options, look no further than silver bullion.
SD Bullion has just released a brand-new Gold to Silver Spot Price Ratio Chart that shows the gold-to-silver ratio in a new, unique way. The chart is in the shape of a circle with a Gold Eagle and Silver Eagle split in the middle. The circular chart clearly shows how the ratio has progressed over the past two centuries. Click here to see the full-size chart!
This week we want to focus on historic US Stock market downturns. And mainly examine them through percentage losses juxtaposed by gold, and silver values through the same timeframes.
The base prices of all gold products are determined by the gold spot price. The gold spot price is a live price, meaning the price for gold is constantly changing (unless the market is closed of course). Since January 2018, the price for gold has not gone below $1,250 per ounce. In late 2019 to early 2020, the gold price has risen to levels as high as $1,650 per ounce.
While silver is susceptible to oxidation, it is not the same type of oxidation that other metals experience when they “rust”. When other metals like iron suffer from rust, they are permanently damaged. Often times in silver oxidation, most, if not all of the oxidation is able to be polished or cleaned using a variety of methods.
To begin this video, have a look at the Gold Spot Price chart for the 21st Century.
The yellow line is the fiat Federal Reserve note ($USD) denominated twenty-year gold price history per troy ounce.
The black line is an ongoing average of 163 other full fiat currency spot prices for gold, also measured from the year 2000 to now in 2020.
One of the biggest misconceptions for investors who are new to the bullion marketplace is that an ounce and a troy ounce are equal. This is not the case, and many people are frequently confused when their products weigh more than one ounce. In fact, most products are referred to in ounces but are actually sold in troy ounces. The reality is that the vast majority of bullion dealers are referring to troy ounces when they say “ounces”. This is the “industry standard.”
This week we learned that U.S. authorities at the DoJ, who have for years not only accused various JPMorgan Chase & Co. employees of rigging precious-metals futures but also got many to plead guilty. The US Department of Justice (DoJ) is now, more importantly, building a criminal case against America's biggest bank itself.
