• TachyonTele@lemm.ee
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    1 month ago

    Nope lol. According to Wikipedia its nickle and copper:

    Its current version is composed of two layers of cupronickel (75% copper, 25% nickel) clad on a core of pure copper.[2] With the cupronickel layers comprising 1/3 of total weight, the coin’s overall composition is therefore 8.33% nickel, 91.67% copper. Its weight is 0.1823 troy oz. or 0.2000 avoirdupois oz. (5.670 grams).

    Official US Mint description:
    https://www.usmint.gov/learn/coins-and-medals/circulating-coins/quarter

    • oleorun@real.lemmy.fan
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      1 month ago

      Quarters minted before 1964 are indeed 90% silver. However, the weight is way off from sovcit’s testimony.

      Edit: A word

    • Flying Squid@lemmy.world
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      1 month ago

      To be fair, it could be a pre-1965 quarter. Those had silver in them. I don’t think .9 oz, but maybe one year?

      • Karyoplasma@discuss.tchncs.de
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        1 month ago

        Nah, these coins are minted for collection and investment purposes and are not meant to use as direct payment (although you can because they hold a nominal value). It doesn’t make sense for any government to use material that is 100 times more expensive than the value they want to attach to it.

        Sovcit just payed of $0.25 of their debt with a $28 coin because they are incredibly smart.

        • Flying Squid@lemmy.world
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          1 month ago

          That’s exactly why they stopped minting silver coins in the 1960s though. Because they started being worth more in silver than their value. Still true about pennies, I think.