Just a hunk o' copper
this is one of those things i bought just because...
it's actually about 18 avdp ounces or 16.4 troy ounces... over a pound however you measure it...
8 comments
this is one of those things i bought just because...
it's actually about 18 avdp ounces or 16.4 troy ounces... over a pound however you measure it...
ccomic
·9 months agoIn the original message I pointed out the ~200:1 value ratio of silver to copper for the same physical weight (vs. the ~50:1 ratio of gold to silver), regardless how you measure it. I then shortened the message. I should have removed the troy oz part. Sorry.
*smedley*
OP9 months agoit's all good... i saw the 453 and troy but my mind didn't click that they didn't go together... besides, with small amounts of non-precious metal, the under 3 grams/oz difference doesn't matter that much in terms of dollars and cents...
ccomic
·9 months agoAt $5.86 per pound (453 grams), that comes to 40 cents per troy ounce. I think at that level the refining, manufacture and transportation costs overshadow the raw bullion value.
Only has $6.60 worth of copper in it unless my calculation is wrong, but its a neat conversation piece.
*smedley*
OP9 months agocopper is measured in avoirdupois, not troy...
ccomic
·9 months agoYes. I just converted it to make is easier to ratio against silver. That is why I clarified the pound as being 453 grams. I am not certain its correct, but I intentionally did not use troy pound.
*smedley*
OP9 months agoit looked like you were converting from avoirdupois to troy since you said troy...
elheron-grande
·9 months agoHola Mr. Smedley...! That IS a big hunk of Copper. The AltHeron has enjoyed collecting Copper coins. Coins of Copper are Heron's favoritos. Nice 'find'...!
*smedley*
OP9 months agoi've seen one or two relatively recently on the bay, but not at a price i was willing to pay... i got this one many years ago...