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Base Metal Composition
These coins have a standard weight of 2.50 grams. Again, they are composed of 90% silver and 10% copper. It is the intrinsic value of silver that we focus on in this article.
Conversion of Grams To Ounces
The conversion factor for grams to ounces is:
0.0321507466
Silver Value Calculation
Silver is a commodity that fluctuates in price on a daily basis. The price of silver is a variable that must be checked before running the following calculation. Assuming that the daily price of silver is $20 per ounce, we do the following computation:
($20.00/troy ounce * .0321507466 (conversion factor) * 2.50 (grams per coin) * .90 (percentage of coin composed of silver) = $1.45 per coin.
Simplified Pricing Chart
Price/Troy Ounce Value
$25/oz -----> $ 1.81
$24/oz-----> $ 1.74
$23/oz -----> $ 1.66
$22/oz -----> $ 1.59
$21/oz -----> $ 1.52
$20/oz -----> $ 1.45
$19/oz -----> $ 1.37
$18/oz -----> $ 1.30
$17/oz -----> $ 1.23
$16/oz -----> $ 1.16
$15/oz -----> $ 1.09
$14/oz -----> $ 1.01
$13/oz -----> $ 0.94
$12/oz -----> $ 0.87
$11/oz -----> $ 0.80
$10/oz -----> $ 0.72
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