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To: djf
If it went to an inflation adjusted equivalent of what it did in '80 we are talking somewhere between 150 and 225 an ounce.

(slobber)

Oh, the irony of a "junk" bag selling for $150K.

153 posted on 04/14/2006 11:18:42 AM PDT by TEEHEE
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To: TEEHEE

fyi/firmly in the $13's


162 posted on 04/17/2006 5:16:48 AM PDT by Sic Luceat Lux
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To: TEEHEE
Oh, the irony of a "junk" bag selling for $150K.

Funny! Let us tell the readers what you mean here and the irony involved here.
One (1) junk bag of silver = one (1) thousand dollar bag of coins be they half dollar, quarters or dimes - with all these $1000 worth of coins - in a bag, being pre-1964 U S coins. Back then, 90% pure silver was mixed with alloys to make the quarters/ coins hard-for general circulation.
Now adays, our U S quarter for example is a combination of non-precious metals worth about 2 cents. Hence, the irony.

And btw, I just now called my friend the coin dealer, and one (1) $1000 bag of U S pre-silver coins is selling for:
$9,400

From my years in the coin business I can't quite remember how many pure ounces of silver is in a bag of $1000 pre-64 coins, but without checking I believe it is 715 troy ounces of pure per $1000 dollars in coins.

165 posted on 04/17/2006 10:09:08 AM PDT by Sic Luceat Lux
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