SIlver $17.41 an ounce

Source: https://www.kitco.com/charts/livesilver.html
Published: Sep 14, 2019
Author: staff
Post Date: 2019-09-14 18:48:52 by Horse
Views: 1189

In 1962 the minimum wage was $1.25 an hour payable in 90% silver quarters. $14.62 is what the cheapest price for one dollar of face value coins. That is $18.72 per hour in today's money.

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#1: BTP Holdings    To: Horse (#0)

We know why there is a discrepancy. Wages have not kept pace with inflation either. ;)

BTP Holdings posted on 2019-09-14 23:04:29   Reply   Private Reply

#2: Lod    To: Horse (#0)

That's still historically cheap; I paid near $30 several years back when the PM craze was in full effect.

Doesn't matter, if you can afford to pick up some metals, just do it when you can. The stuff doesn't "go bad."

Lod posted on 2019-09-15 01:00:51   Reply   Private Reply

#3: BTP Holdings    To: Lod (#2)

That's still historically cheap

I've got some that I paid less than $10/oz for years ago.

Not to mention, the old man talked me into buying some uncirculated rolls of 90% silver Half Dollars when I was driving the big truck and making tall cash. ;)

BTP Holdings posted on 2019-09-15 01:11:40   Reply   Private Reply