/biz/ - Business & Finance

alright so i tried to do the math on the true value of silver compared to gold, its not much but here it is, if we go by a 20 dollar double eagle gold coin brilliant uncirculated you'd be able to sell it for 2070 when spot was 2072 a couple days ago based on the sales on r/pmsforsale, divide 2070 by 20 morgan dollars BU that would put one silver morgan dollar at 103.50 regardless of whether it came Carson City or San Fransisco ,its BU and that's all that matters ,so that would put the GSR at 1.21 ,this ration varied since ww2 but the lowest it went was December 1979 down to 1.15 ,pretty close to the math