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Buffalo_Ken's avatar

OK - I have chosen a "winner" for this puzzle - tis just before the big game gets started.

And it turns out it is a tie.

Browntsunami with (his) thoughts on value is a winning post.

Likewise Amaterasu Solar with (her) willingness to explore ranges is also winning.

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Therefore, I will pick a "random" coin out of the jar for both winners and I'll be in touch to find a mailing address and I'll send you these coins along with a personal message and I think this could be a fun sort of way to communicate - old-fashioned style.

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Go Bills!

BK

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Buffalo_Ken's avatar

Perhaps this might be a way of assessing value:

https://www.apmex.com/product/90498/10-oz-silver-bar-asahi?utm_campaign=&utm_content=-&utm_source=google&utm_medium=cpc&utm_campaign=&utm_content=&gad_source=1&gclid=EAIaIQobChMIocbYpPXVgwMVBLJaBR3NIACxEAAYASAAEgLd-fD_BwE

https://online.kitco.com/buy/1003AS/10-oz-Asahi-Silver-Bar-999-1003AS

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So - seems the going price for these 10 troy ounce bars today is around $280 per bar. Add in shipping and handling and whatnot - I'd say one estimate of the value is this:

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8 * 280 + 25 = $2265

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If you don't think the shipping and handling should be included, then that is the difference twixt the value of something you have in hand already versus something you purchase that also has delivery expense. Regardless, that cost is a fraction of the total - and moreover - this is NOT my final opinion - but I think it gets a bit closer to the value today.

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There may come a time when the value of items in hand goes up considerably - especially if shipping and handling gets more costly and uncertain.

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BK

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