Letter Re: Silver Content of U.S. Silver Dollars Versus Smaller Denomination Coins
Dear Editor: Perusing your wonderfully informative blog and static pages I stumbled across a bit of inaccurate information I thought you may be interested in correcting: Silver dollar bags ($1,000 face value) contain approximately 765 ounces of silver 90% .50/.25/.10 bags ($1000 face) are calculated at 715 ounces of silver. The “industry standard” is 715 ounces. Respectfully, – Shawn JWR Replies: To the best of my knowledge, what I posted was accurate. Because of a long-standing congressional mandate, the silver composition of Silver Dollars has always been higher (per dollar increment) than that used in dimes, quarters and half-dollars. Oddly, …