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Buffalo_Ken's avatar

Here we go....ready. My mind needs something to do. So as I typed elsewhere - the weight is 103 pounds and a premise was this - Out of the 103 pounds the weight is distributed as follows:

1 for nickels = 22.9 pounds of them

1 for pennies = 22.9 pounds of them

2 for quarters = 45.8 pounds of them

0.5 for dimes = 11.45 pounds of them

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So, take 103 / 4.5 = 22.9 pounds....so that means - (see above)

Then - this link shows the weight (in grams) of each coin premised above:

https://www.usmint.gov/learn/coin-and-medal-programs/coin-specifications

There are roughly 454 grams per pound - so based on the link the weights above - the number and cumulative value of each coin type is calculated as follows:

Nickels = 22.9 lbs * 454 g/lb / 5 g per nickel * 0.05$ per nickel = $104

Pennies = 22.9 lbs * 454 g/lb / 2.5 g per penny * 0.01$ per penny = $42 (rounded up!)

Quarters = 45.8 lbs * 454 g/lb / 5.67 g per quarter * 0.25$ per quarter = $917

Dimes = 11.45 lbs * 454 g/lb / 2.27 g per dime * 0.10$ per dime= $229

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That gives a total of: $1291 and I already know - my 50% adjustment factor was WAY off....although I have removed the silver bars from the jar - but still - I think the number ought be doubled and that gives - roughly $2500 in value per this methodology which is being refined in real time.

Personally - I don't feel like counting the coins and I enjoy just throwing them in the jar - I've been doing it now for a few decades!

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I like coins and lately my faith in fiat is rapidly diminishing!

(I don't even feel like checking for errors - the methodology is established in the typing....)

2024 - The Year of Resolution

BK

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Buffalo_Ken's avatar

I hope none take offense at this, but if you "like" the post I'm going to insist that you proffer a guess.

So - Alexander Semenyuk

what is you guess - you can use units of mass per your preference - you know kilograms, grams, and those oh so elusive "pounds" - but fathom a guess and humor me please!

Ken

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