In 1964, U.S. minimum wage was $1.25 an hour. That’s 5 quarters, which at the time were made of 90% silver. There was 0.18 oz of silver in each coin. With silver priced at $44/oz today, the melt value of those 5 silver quarters is now $39.
In 1964, U.S. minimum wage was $1.25 an hour. That’s 5 quarters, which at the time were made of 90% silver. There was 0.18 oz of silver in each coin. With silver priced at $44/oz today, the melt value of those 5 silver quarters is now $39.