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QUESTION: Would YOU work TODAY for the Minimum Hourly WAGE if PAID in CONSTITUTIONAL U.S. 90%, 40% or 35% COIN SILVER? I WOULD
C & C Bullion Coins since 2002
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* Explanations on Calculating the Numbers for use with the LEGAL DEFINITION of United States MONEY *
call/ TEXT Charles: 817-729-7244
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WHAT IF today YOU could request to be PAID in REAL CONSTITUTIONAL U.S. SILVER MONEY at current SPOT SILVER Price instead of U.S. FIAT (issued by government decree) Paper Currency?
or email: ccbullioncoins@gmail.com
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The U.S. Coinage Act of April 2, 1792 states ONE DOLLAR ($1.00) or UNIT is to contain 371.25 grains (24.057 grams or .77344 ozt) pure SILVER and it also specified issuing three Gold Coins
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a TEN DOLLAR EAGLE ($10.00) or UNIT is to contain 247.5 grains (16.04 grams or .51562 ozt), Five Dollar Half Eagle ($5.00) and a Quarter Eagle ($2.50) of pure GOLD. It says NOTHING about a Paper Currency
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The Act also stated the Gold/Silver Ratio to be set between 15 and 16 to 1. (Estimates of what's been extracted from Earth's crust over the millenniums the G/S ratio is roughly 9 to 1.)
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It was a Trimetallic System because on May 8, 1792 the Act provided for Copper Coins in one cent (1/100th of a dollar) and a half cent. 1,066.545 ounces of Copper (CU) = 15 ounces of Silver (AG) = 1 ounce of Gold (AU)
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For calculating purposes I'm using SILVER MONEY ONLY starting with the year 1955. Before 1965 both the U.S. pre 1965 90% Coin Silver & 10% Copper or U.S. Paper Currency had the same purchasing Power and both were in circulation
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Relative values of mandated Federal Minimum HOURLY Wages from 1955 to 1966 PAID in comparing wages received in 90% U.S. Coin Silver (REAL MONEY) today's value, instead of FIAT Currency. Calculations are GROSS WAGES only.
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Some States may have had or currently do have higher minimum hourly wage rates than those of the Federal government requirements. Since 2009 Federal Minimum Wage has been fixed at $7.25 per hour paid in FIAT Paper Currency ONLY
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Note: For ALL examples in the calculations I will use the acceptable standard circulated weight of Silver in the calculations to arrive at values.
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Uncirculated when first struck by the mint, U.S. Coin Silver pre 1965 90% Silver Dime contains .07234 ozt pure, Silver Quarter contains .18084 ozt pure, Silver Half Dollar contains .36169 ozt pure or a total of 723.4 ozt pure Silver per $1,000.00 face value
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Industry Accepted Standards due to wear, circulated U.S. Coin Silver pre 1965 90% Silver Dime contains .0715 ozt pure, Silver Quarter contains .17875 ozt pure, Silver Half Dollar contains .3575 ozt pure or a total of 715 ozt pure Silver per $1,000.00 face value
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Unc. 90% U.S. Silver Morgan years: 1878 - 1904, 1921 & Peace Dollars years: 1921 - 1928, 1934 & 1935, each contain .77344 ozt pure, and Circulated 90% U.S. Silver Dollars contain .7650 ozt pure (765 ozt pure Silver per $1,000.00 face value)
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Below YOU could have been PAID with FIAT PAPER DOLLARS or U.S. SILVER Coins
WHAT IF TODAY same hourly PAID in U.S. 90% SILVER (Face Value) Coins
$32.06
SPOT Silver Price
02-11-25today
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16.6
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Minimum Hourly Wage PAID in
Hours
Gross Wage DAY PAID in
Days
Gross Wage WEEK PAID in
Weeks
VALUE THEN Gross Wage YEAR PAID in eitherHourly Wage Paid in 90% SILVER basis .715 oztPURE SILVER02-11-25Minimum Hourly Wage PAID in
Hours
VALUE TODAY Gross Wage DAY PAID in
Days
VALUE TODAY Gross Wage WEEK PAID in
Weeks
VALUE TODAY 8 x 5 x 50 = 2000 hours Gross Wage YEAR PAID in 90% SILVER DIFFERENCE ??% PAID more in SILVER
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YearsFIAT or AGper
Worked
FIAT or AG
Worked
FIAT or AG
Worked
FIAT or SILVER" Face VALUE "
AG Ounces
SPOT PRICE
90% Silverper
Worked
90% Silver
Worked
90% Silver
Worked
paid in 90% SilverFIAT vs SILVER Wagethan FIAT
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1955$0.75
hour
x8=$6.00x5=$30.00x50=$1,500.003 90% Silver Quarters ($0.75)=0.53625x$32.06 =$17.19
hour
x8=$137.54x5=$687.69x50=$34,384.35$32,884.352292.29%
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3 * .17875 = .53625 ozt
ozt
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1956 - 1960$1.00
hour
x8=$8.00x5=$40.00x50=$2,000.002 90% Silver Half Dollars ($1.00)=0.71500x$32.06 =$22.92
hour
x8=$183.38x5=$916.92x50=$45,845.80$43,845.802292.29%
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2 * .3575 = .715 ozt ozt
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1961 - 1962$1.15
hour
x8=$9.20x5=$46.00x50=$2,300.003 90% Silver Qtrs + 4 Dimes ($1.15)=0.82225x$32.06 =$26.36
hour
x8=$210.89x5=$1,054.45x50=$52,722.67$50,422.672292.29%
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3 * .17875 + 4 * .0715 = .82225 ozt
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1963 -1966$1.25
hour
x8=$10.00x5=$50.00x50=$2,500.005 90% Silver Quarters ($1.25)=0.89375x$32.06 =$28.65
hour
x8=$229.23x5=$1,146.15x50=$57,307.25$54,807.252292.29%
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Basis 8 x 5 x 50 = 2,000 hours work for year
5 * .17875 = .89375 ozt
ozt
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1965 -1970 You could have been PAID in FIAT PAPER or 40% Silver Coins
Gross Wage YEAR
WHAT IF TODAY same hourly PAID in U.S. 40% SILVER (Face Value) Coins
Gross Wage YEAR
PAID in 40% SILVER
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YearsFIAT Onlyper
Hours
FIAT Only
Days
FIAT or AG
Weeks
paid FIAT $ Only" Face VALUE "AG Ounces
SPOT PRICE
40% Silverper
Hours
40% Silver
Days
40% Silver
Weeks
paid in 40% SilverFIAT vs SILVER Wage
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1965 - 1970$1.50
hour
x8=$12.00x5=$60.00x50=$3,000.003 40% Silver Half Dollars ($1.50)=0.44376x$32.06 =$14.23
hour
x8=$113.82x5=$569.08x50=$28,453.89$25,453.89948.46%
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rounded
3 * .14792 = .44376 ozt
ozt
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Federal Minimum Wages between 1967 and 2008, no 90% Coin Silver produced for circulation, so no rows made with the value comparisons to Silver. Below are listed Years and Minimum Wage Rates
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1967 $1.40 ~ 1968-1973 $1.60 ~ 1974 $2.00 ~ 1975 $2.10 ~ 1976-1977 $2.30 ~ 1978 $2.65 ~ 1979 $2.90 ~ 1980 $3.10
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1981-1989 $3.35 ~ 1990 $3.80 ~ 1991-1995 $4.25 ~ 1996 $4.75 ~ 1997-2006 $5.15 ~ 2007 $5.85 ~ 2008 $6.55 ~ 2009-2019 $7.25
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SORRY !! Today's WAGES are only PAID in FIAT PAPER DOLLARS
WHAT IF TODAY same hourly PAID in U.S. 90% SILVER (Face Value) Coins
$32.06
SPOT Silver Price
02-11-25today
42
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Minimum Hourly Wage PAID in
Hours
Gross Wage for DAY PAID in
Days
Gross Wage for WEEK PAID in
Weeks
VALUE TODAY Gross Wage YEARHourly Wage Paid in 90% SILVERPURE SILVER02-11-25Minimum Hourly Wage PAID in
Hours
VALUE TODAY Gross Wage DAY PAID in
Days
VALUE TODAY Gross Wage WEEK PAID in
Weeks
VALUE TODAY 8 x 5 x 50 = 2000 hours Gross Wage YEAR PAID in 90% SILVER DIFFERENCE ??% PAID more in SILVER
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YearsFIAT Onlyper
Worked
FIAT Only
Worked
FIAT Only
Worked
paid in FIAT $ Only" Face VALUE "
AG Ounces
SPOT PRICE
90% Silverper
Worked
90% Silver
Worked
90% Silver
Worked
paid in 90% SilverFIAT vs SILVER Wagethan FIAT
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2009 -2022$7.25
hour
x8=$58.00x5=$290.00x50=$14,500.0029 90% Silver Quarters ($7.25)=5.18375x$32.06 =$166.19
hour
x8=$1,329.53x5=$6,647.64x50=$332,382.05$317,882.052292.29%
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29 * .17875 = 5.18375 ozt
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What If$15.00
hour
x8=$120.00x5=$600.00x50=$30,000.0060 90% Silver Quarters ($15.00)=10.7250x$32.06 =$343.84
hour
x8=$2,750.75x5=$13,753.74x50=$687,687.00$657,687.002292.29%
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60 * .17875 = 10.725 ozt
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What If$20.00
hour
x8=$160.00x5=$800.00x50=$40,000.0080 90% Silver Quarters ($20.00)=14.3000x$32.06 =$458.46
hour
x8=$3,667.66x5=$18,338.32x50=$916,916.00$876,916.002292.29%
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Basis 8 x 5 x 50 = 2,000 hours work for year
80 * .17875 = 14.30 ozt
Basis 8 x 5 x 50 = 2,000 hours work for year
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FIAT Onlypaid in FIAT $ Only
WHAT IF TODAY same hourly PAID in U.S. 90% Morgan / Peace SILVER Dollar Coins
paid in 90% Silver
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What If$15.00
hour
x8=$120.00x5=$600.00x50=$30,000.0015 Old 90% Silver MORGAN or PEACE Dollars ($15.00)=11.4750x$32.06 =$367.89
hour
x8=$2,943.11x5=$14,715.54x50=$735,777.00$705,777.002452.59%
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15 * .765 = 11.4750 ozt
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What If$20.00
hour
x8=$160.00x5=$800.00x50=$40,000.0020 Old 90% Silver MORGAN or PEACE Dollars ($20.00)=15.3000x$32.06 =$490.52
hour
x8=$3,924.14x5=$19,620.72x50=$981,036.00$941,036.002452.59%
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20 * .765 = 15.3000 ozt
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QUESTION: Would YOU work for the Minimum Hourly WAGE if PAID in CONSTITUTIONAL U.S. 90%, 40% or 35% COIN SILVER ? I WOULD
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WHAT IF paid in 40% U.S. Silver Coinage
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Uncirculated or Proof 40% U.S. Silver Half Dollar (.50), each contains .14792 ozt pure (years: 1965 - 1970, 1976) (295 ozt pure Silver per $1,000.00) or Uncirculated/Proof 40% U.S. Silver Quarter, each contain .0739 ozt pure year: 1976 only (.25)
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Uncirculated or Proof 40% Silver IKE Dollar years: 1971 -1974, 1976 ($1.00), each .3162 ozt pure * Note: NOT all IKE Dollars have Silver the IKE years: 1971 - 1978 Clad Dollars (Copper & Nickel). The whiter color lets you know its Silver
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SORRY !! Today's WAGES are only PAID in FIAT PAPER DOLLARS
WHAT IF TODAY same hourly PAID in U.S. 40% SILVER Half Dollars/Quarters
$32.06
SPOT Silver Price
02-11-25today
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Minimum Hourly Wage PAID in
Hours
Gross Wage DAY PAID in
Days
Gross Wage WEEK PAID in
Weeks
VALUE THEN Gross Wage YEAR PAID in eitherHourly Wage Paid in 40% SILVER basisPURE SILVER02-11-25Minimum Hourly Wage PAID in
Hours
VALUE TODAY Gross Wage DAY PAID in
Days
VALUE TODAY Gross Wage WEEK PAID in
Weeks
VALUE TODAY 8 x 5 x 50 = 2000 hours Gross Wage YEAR PAID in 40% SILVER DIFFERENCE ??% PAID more in SILVER
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YearsFIAT Onlyper
Worked
FIAT or AG
Worked
FIAT Only
Worked
paid in FIAT $ Only" Face VALUE "
AG Ounces
SPOT PRICE
40% Silverper
Worked
40% Silver
Worked
40% Silver
Worked
paid in 40% SilverFIAT vs SILVER Wagethan FIAT
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2009 -2022$7.25
hour
x8=$58.00x5=$290.00x50=$14,500.0014 40% Silver Halves + 1 '76 40% Sil Quarter ($7.25)=2.14478x$32.06 =$68.76
hour
x8=$550.09x5=$2,750.47x50=$137,523.29$123,023.29948.44%
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2.07088 + .0739= 2.14478 ozt
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What If$15.00
hour
x8=$120.00x5=$600.00x50=$30,000.0030 40% Silver Halves or '76 40% Sil Quarters ($15.00)=4.43760x$32.06 =$142.27
hour
x8=$1,138.16x5=$5,690.78x50=$284,538.91$254,538.91948.46%
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30 * .14792 = 2.9584 ozt
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What If$20.00
hour
x8=$160.00x5=$800.00x50=$40,000.0040 40% Silver Halves or '76 40% Sil Quarters ($20.00)=5.91680x$32.06 =$189.69
hour
x8=$1,517.54x5=$7,587.70x50=$379,385.22$339,385.22948.46%
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40 * .14792 = 4.4376 ozt
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FIAT Onlypaid in FIAT $ Only
WHAT IF TODAY same hourly PAID in U.S. 40% SILVER IKE Dollars
paid in 40% Silver
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What If$15.00
hour
x8=$120.00x5=$600.00x50=$30,000.0015 40% Silver IKE Dollars ($15.00)=4.7430x$32.06 =$152.06
hour
x8=$1,216.48x5=$6,082.42x50=$304,121.16$274,121.161013.74%
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15 * .3162 = 4.7430 ozt
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What If$20.00
hour
x8=$160.00x5=$800.00x50=$40,000.0020 40% Silver IKE Dollars ($20.00)=6.3240x$32.06 =$202.75
hour
x8=$1,621.98x5=$8,109.90x50=$405,494.88$365,494.881013.74%
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20 * .3162 = 6.3240 ozt
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WHAT IF paid in 35% U.S. Silver Coinage
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The U.S. War Nickel (.05) produced from 1942 to 1945 (identified by large mint mark P, D or S located above Capitol Dome on the reverse) each contain 35% Silver or .05626 ozt pure Silver or a total of 1,125.2761 ozt per silver per $1,000.00 face value
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WHAT IF TODAY hourly PAID in U.S. 35% SILVER War Nickel Coins
$32.06
SPOT Silver Price
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90
Minimum Hourly Wage PAID in
Hours
Gross Wage for DAY PAID in
Days
Gross Wage for WEEK PAID inVALUE TODAY Gross Wage YEARHourly Wage Paid in 35% SILVER basis .05626 oztPURE SILVER02-11-25Minimum Hourly Wage PAID in
Hours
VALUE TODAY Gross Wage DAY PAID in
Days
VALUE TODAY Gross Wage WEEK PAID in
Weeks
VALUE TODAY 8 x 5 x 50 = 2000 hours Gross Wage YEAR PAID in 35% SILVER DIFFERENCE ??% PAID more in SILVER
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FIAT Onlyper
Hours
FIAT Only
Days
FIAT Only
Weeks
paid in FIAT $ Only" Face VALUE "
AG Ounces
SPOT PRICE
35% Silverper
Worked
35% Silver
Worked
35% Silver
Worked
paid in 35% SilverFIAT vs SILVER Wagethan FIAT
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1955$0.75
hour
x8=$6.00x5=$30.00x50=$1,500.0015 35% Silver WAR Nickels ($0.75)=0.84390x$32.06 =$27.06
hour
x8=$216.44x5=$1,082.22x50=$54,110.87$52,610.873607.39%
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15 * .05626 = 0.8439 ozt
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2009 -2022$7.25
hour
x8=$58.00x5=$290.00x50=$14,500.00145 35% Silver WAR Nickels ($7.25)=8.15770x$32.06 =$261.54
hour
x8=$2,092.29x5=$10,461.43x50=$523,071.72$508,571.723607.39%
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145 * .05626 = 8.1577 ozt
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What If$15.00
hour
x8=$120.00x5=$600.00x50=$30,000.00300 35% Silver WAR Nickels ($15.00)=16.8780x$32.06 =$541.11
hour
x8=$4,328.87x5=$21,644.35x50=$1,082,217.36$1,052,217.363607.39%
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300 * .05626 = 16.8780 ozt
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What If$20.00
hour
x8=$160.00x5=$800.00x50=$40,000.00400 35% Silver WAR Nickels ($20.00)=22.5040x$32.06 =$721.48
hour
x8=$5,771.83x5=$28,859.13x50=$1,442,956.48$1,402,956.483607.39%
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400 * .05626 = 22.5040 ozt