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  • Numismatic News

    LETTERS

    Oct 30, 2020 3 minutes

    Silver to Gold Ratio

    Everyone must know we’re in tumultuous times with a looming election, COVID-19 uptick in infections, etc. Lots of people are inquiring about bullion. The 1-ounce gold eagle has a denomination of $50, the half-ounce of $25 and the 1/10-ounce of $5. So, why is the quarter-ounce at a denomination of $10? Shouldn’t it be $12.50 or 1/5-ounce instead? Does that make more sense?

    The 1-ounce silver eagle has a $1 denomination. Does that imply a 50 to 1 ratio, silver to gold, if

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