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To: nickcarraway

Those coins are worth a great deal more than $341,000.


19 posted on 05/03/2025 4:51:15 PM PDT by Jim Noble (Assez de mensonges et de phrases)
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To: Jim Noble

At today’s spot price per ounce, it’s not likely the numismatic value exceeds the melt value, unless you see some rare coins in there, which I do not.

The article says the whole treasure weighed about 15 pounds.. times 14.48 = 218.7 Troy oz - times $3,247.4 = $710,206 melt value.

So, if the coins were half the weight of the treasure, that would make them worth $355k in melt value.

Based on that, the $340k seems reasonable.

Why do you think they are worth more?


29 posted on 05/04/2025 12:20:23 AM PDT by enumerated (81 million votes my ass)
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