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RE: Is it better to have 70 OZT of Silver or 1 OZT Gold

in #steemsilvergold7 years ago (edited)

In the 1930s and earlier, twenty Silver Dollars were equal to one $20 Gold Double Eagle. $20 = $20. Today it is 75 silver dollars to 1 gold. Keep in mind old 90% silver dollars contain .77 troy oz silver. (So do Modern Commemorative Silver Dollars) And Gold Double Eagle contains 0.9675 troy oz gold. Anyway, being 67 years old, I like the idea of getting 70+ silver coins, today, over 20 in the 1960s. In early 1960s Silver Dollars were in circulation, Gold Coins were not. The G:S ratio has been as high as 105:1.

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