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
~
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:
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
~
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!
~
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....)
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!
So, I think it is only fair, that I put forth my guess first and know this - I am privy to some info regarding this query. For one I'm pretty sure it is a 5-gallon mason jar. For two I know that the coins in there consist primarily of us quarters, dimes, nickels, pennies, the odd half-dollars, and a few other sort of funky coins in the jar. Now - if I wanted to be precise I could look up the density of the metals that go into making these various coins, but be aware the composition of the coins changes over time - I mean in early 60's coins has actual silver in them - just like those silver bars in the image - how many do you think there are.
Regardless - after all this bantering around - I think the jar is 3/5ths full and therefore there are about "3 gallons of coins" in the jar. Next question is what is the "open space" amongst the coins - it is likely more considerable then most might think cause those coins don't just fit right in when placed randomly in the jar. So I guess the space is about 50%. Therefore, that leaves 1.5 gallons of metal coins (3 * 1-0.5).
Now - the density of water is 8.33 pounds per gallon and the density of many metals is many times higher than water. So I guess the metals in this jar are about 8 times more dense than water (a little less than "an order of magnitude" which is 10 times higher - bias in that statement of language one can't help but ponder - or is it that we have 10 fingers and 10 toes?), and that gives the following weight:
8.33 * 1.8 * 8 = ~120 pounds.
That is my preliminary guess although I think it might be a bit less....let me refine this if you don't mind:
In fact - my guess is 105 pounds - so switch the numbers up a bit and you could arrive at this pre-determined value that is fixed no doubt - and of course I have bias and I have additional info.
My guess is 105 pounds in mass. This is based on how the jar felt when I just moved it around some.
~
So - I suspect my guess is off - but if anybody comes up with a guess more accurate - then a random coin from the jar will be mailed to you directly - along with a personal note from me!
Win-win!
~
OK - hells-bells - I just looked at the jar and it is more like 3.5 gallons full - but the density of metals - there is variance in that - you ever held a coin felt sort of cheap? It likely didn't have much weight, but I just checked and most metals are almost 10 times heavier than water - so I'm gonna stick with the eight cause you do have "outliers" like aluminum so light relatively speaking. So, let me adjust the above equation:
I'd like to announce that in 48 hours I'm going to bring a scale up here and weigh the jar above. That is a "fixed" number no doubt - it is a matter of "mass" on planet earth. The weight is fixed (basically). So - if there are guesses, then the one who guesses the closest will be the recipient of a random coin picked from the jar - fair & square - and then I will send to you directly via old-style mail. I'll also send a message personal.
So - places your guesses and in 48 hours a "winner" will be declared.
~
As for the "value" of the coinage - well....lets be honest - that is subjective - but know this - I'd rather have a coin in hand versus a fiat dollar worthless.
~
Places your guesses and may the best guesser get a coin random!
I guess about 12Kg. I think I forgot to add the jar. Oh well, the error in the guess would make that totally irrelevant. LOL From what you say, I am 4 times too light. Yeah, just looking at that many coins, it should be heavier. So much for my counting technique. Oh well, send my prize to your favorite charity. Being really wrong can be a good thing. Maybe my methodology needs a good revamp.
Sorry Brown - 12 kg = 12 *2.2 lb/kg = 26.4 - as you can see above in the images - the actual weight as measured today by the scale which is "relatively" accurate was 103 pounds!
I have some silver, I hold it as a hedge against external forces, however, as time goes on, I am unsure how much of a hedge it will eventually be. I’ll just hold on to it anyway, my current doubts are not enough reason for me to take action. I don’t hold precious metals as investments, not that I have much ability to do much in that direction anyway. So, the price movement of these have not been of interest to me, which means, I know little about that aspect of the metals and am in no position to offer useful opinion.
As for silver or gold or platinum or coins in general, I think it makes sense to have some but not so much that you make yourself a "target" for others who want what you gathered fairly for the sake of family.
You know my first guess I think was 105 pounds, but then I sort of "out-thunk" my ownself with refinement and then I strayed from intuition, so usually I trust my intuition, and I reckon in hindsight I should have not refined my first intuition - oh well - tis just a puzzle harmless.
I don't disagree that you can't feed your family with a coin, but if currency is still occurring, which I think it always will, then coins are part of that and if barter ain't an option, then coins can be a means of trade meaningful - anonymous in a way, but none the effing gubment effing business is what I think - a personal transaction amongst willing consenting traders playing fairly.
Oh my goodness- we got no power at our home now, but I got ways to respond. You know that is probably an order of magnitude below the actual value of the coins not counting the bars and other special items within the jar.
But, the more important question is the mass. Do you have a guess on that?
Now that the weight is "known" (103 pounds) - it would be relatively straight forward to estimate the present value in units of ($). This could be a very detailed calculation but to "keep it simple" lets assume there is an "equal" weight of pennies and nickels in the jar - and then somewhat knowing the fact that quarters are used in currency moreso than some of the other coins - lets assume that the weight of quarters is twice that of the pennies/nickels individually....and then for the dimes being they are "light weight" lets assume dimes are half the weight of pennies/nickels (individually).
Now - with that info alone, one could "look up" the weight of each coin respective (making certain assumption about issuance date), and then the value could be calculated and to account for "special coins" and other different coins in the jar I would apply a ~50% upward adjustment to the total value (I mean you did see those bars on the top didn't you - I might take them in the near future).
~
There - it can easily be calculated now....I've got some work to do, so maybe I'll do it later per the logic above, but did you know this: In the old days, when coins had silver, the amount of silver in a quarter was exactly 2.5 times higher than in a dime (just like a silver half dollar had exactly twice the silver as a quarter) - now you know - you must know - this is NOT a coincidence - because it used to be the silver content defined the value of the currency - I kind think that way is better than fiat in the long run.
~
Warm Regards to all readers in the fun and harmless puzzle - I got more to offer.
Well - two guesses so far and guess what else? No power or internet at my place since yesterday, and yes the generator is running - I consider days like this as sort of “practice” and opportunity to make improvements.
Also - I think my guess is too high, but I’ll weigh the jar sometime tomorrow. Yesterday was crazy raining flood in my driveway. In a way, I won’t deny it was sort of fun - I don’t mind storms assuming they ain’t happening all the time!
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
~
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
~
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!
~
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
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
So, I think it is only fair, that I put forth my guess first and know this - I am privy to some info regarding this query. For one I'm pretty sure it is a 5-gallon mason jar. For two I know that the coins in there consist primarily of us quarters, dimes, nickels, pennies, the odd half-dollars, and a few other sort of funky coins in the jar. Now - if I wanted to be precise I could look up the density of the metals that go into making these various coins, but be aware the composition of the coins changes over time - I mean in early 60's coins has actual silver in them - just like those silver bars in the image - how many do you think there are.
Regardless - after all this bantering around - I think the jar is 3/5ths full and therefore there are about "3 gallons of coins" in the jar. Next question is what is the "open space" amongst the coins - it is likely more considerable then most might think cause those coins don't just fit right in when placed randomly in the jar. So I guess the space is about 50%. Therefore, that leaves 1.5 gallons of metal coins (3 * 1-0.5).
Now - the density of water is 8.33 pounds per gallon and the density of many metals is many times higher than water. So I guess the metals in this jar are about 8 times more dense than water (a little less than "an order of magnitude" which is 10 times higher - bias in that statement of language one can't help but ponder - or is it that we have 10 fingers and 10 toes?), and that gives the following weight:
8.33 * 1.8 * 8 = ~120 pounds.
That is my preliminary guess although I think it might be a bit less....let me refine this if you don't mind:
In fact - my guess is 105 pounds - so switch the numbers up a bit and you could arrive at this pre-determined value that is fixed no doubt - and of course I have bias and I have additional info.
My guess is 105 pounds in mass. This is based on how the jar felt when I just moved it around some.
~
So - I suspect my guess is off - but if anybody comes up with a guess more accurate - then a random coin from the jar will be mailed to you directly - along with a personal note from me!
Win-win!
~
OK - hells-bells - I just looked at the jar and it is more like 3.5 gallons full - but the density of metals - there is variance in that - you ever held a coin felt sort of cheap? It likely didn't have much weight, but I just checked and most metals are almost 10 times heavier than water - so I'm gonna stick with the eight cause you do have "outliers" like aluminum so light relatively speaking. So, let me adjust the above equation:
3.5 * 0.5 * 8 * 8.33 = 116.6
That is my final guess.
Ken
I'd like to announce that in 48 hours I'm going to bring a scale up here and weigh the jar above. That is a "fixed" number no doubt - it is a matter of "mass" on planet earth. The weight is fixed (basically). So - if there are guesses, then the one who guesses the closest will be the recipient of a random coin picked from the jar - fair & square - and then I will send to you directly via old-style mail. I'll also send a message personal.
So - places your guesses and in 48 hours a "winner" will be declared.
~
As for the "value" of the coinage - well....lets be honest - that is subjective - but know this - I'd rather have a coin in hand versus a fiat dollar worthless.
~
Places your guesses and may the best guesser get a coin random!
BK
I guess about 12Kg. I think I forgot to add the jar. Oh well, the error in the guess would make that totally irrelevant. LOL From what you say, I am 4 times too light. Yeah, just looking at that many coins, it should be heavier. So much for my counting technique. Oh well, send my prize to your favorite charity. Being really wrong can be a good thing. Maybe my methodology needs a good revamp.
Sorry Brown - 12 kg = 12 *2.2 lb/kg = 26.4 - as you can see above in the images - the actual weight as measured today by the scale which is "relatively" accurate was 103 pounds!
Maybe next time!
(smile)
Ken
Happy to play the game.
Hey - I got another puzzle going - I'm curious what you think about silver bar in hand.
The best part of this puzzle was there were no losers!
Ken
I have some silver, I hold it as a hedge against external forces, however, as time goes on, I am unsure how much of a hedge it will eventually be. I’ll just hold on to it anyway, my current doubts are not enough reason for me to take action. I don’t hold precious metals as investments, not that I have much ability to do much in that direction anyway. So, the price movement of these have not been of interest to me, which means, I know little about that aspect of the metals and am in no position to offer useful opinion.
Looking forward to you next puzzle.
The next puzzle is here:
https://buffaloken.substack.com/p/puzzle-2
As for silver or gold or platinum or coins in general, I think it makes sense to have some but not so much that you make yourself a "target" for others who want what you gathered fairly for the sake of family.
You know my first guess I think was 105 pounds, but then I sort of "out-thunk" my ownself with refinement and then I strayed from intuition, so usually I trust my intuition, and I reckon in hindsight I should have not refined my first intuition - oh well - tis just a puzzle harmless.
I don't disagree that you can't feed your family with a coin, but if currency is still occurring, which I think it always will, then coins are part of that and if barter ain't an option, then coins can be a means of trade meaningful - anonymous in a way, but none the effing gubment effing business is what I think - a personal transaction amongst willing consenting traders playing fairly.
Best to you,
Ken
$265.71. My guess. LOL!
Oh my goodness- we got no power at our home now, but I got ways to respond. You know that is probably an order of magnitude below the actual value of the coins not counting the bars and other special items within the jar.
But, the more important question is the mass. Do you have a guess on that?
Hmmmm. 73 pounds. Probably weigh off on that, too! LOL!
You know - this might actually be closer. I really don’t know, but I’ll weigh the jar tomorrow - hopefully the power will be back on by then.
🦬
Hope the power is back! Looking forward to the results!
It ain’t back yet, but our scale uses batteries, and I got ways to communicate.
I’ll weigh it tomorrow - take a picture as well.
Proof will be provided!
If you win, I’ll just need an address to send the randomly picked coin!
Looking forward! I will try to email the addy if I win! [hugs!]
Now that the weight is "known" (103 pounds) - it would be relatively straight forward to estimate the present value in units of ($). This could be a very detailed calculation but to "keep it simple" lets assume there is an "equal" weight of pennies and nickels in the jar - and then somewhat knowing the fact that quarters are used in currency moreso than some of the other coins - lets assume that the weight of quarters is twice that of the pennies/nickels individually....and then for the dimes being they are "light weight" lets assume dimes are half the weight of pennies/nickels (individually).
Now - with that info alone, one could "look up" the weight of each coin respective (making certain assumption about issuance date), and then the value could be calculated and to account for "special coins" and other different coins in the jar I would apply a ~50% upward adjustment to the total value (I mean you did see those bars on the top didn't you - I might take them in the near future).
~
There - it can easily be calculated now....I've got some work to do, so maybe I'll do it later per the logic above, but did you know this: In the old days, when coins had silver, the amount of silver in a quarter was exactly 2.5 times higher than in a dime (just like a silver half dollar had exactly twice the silver as a quarter) - now you know - you must know - this is NOT a coincidence - because it used to be the silver content defined the value of the currency - I kind think that way is better than fiat in the long run.
~
Warm Regards to all readers in the fun and harmless puzzle - I got more to offer.
BK
The jar has been weighed - it is 103 pounds - give or take.
BK
Well - two guesses so far and guess what else? No power or internet at my place since yesterday, and yes the generator is running - I consider days like this as sort of “practice” and opportunity to make improvements.
Also - I think my guess is too high, but I’ll weigh the jar sometime tomorrow. Yesterday was crazy raining flood in my driveway. In a way, I won’t deny it was sort of fun - I don’t mind storms assuming they ain’t happening all the time!
~
BK