How much to buy all the remaining 1966 round fifities?

Discussion in 'Silver Coins' started by SpacePete, Feb 15, 2016.

  1. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    If only 14 million were put into circulation, what happened to the other 22 million? Surely they wouldn't have all been melted down. Maybe there's a huge stockpile hidden away in some forgotten vault or warehouse somewhere. If that were the case, anyone know where such a facility would potentially be located?
     
  2. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Go on...
     
  3. scrooged

    scrooged New Member

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    They're in Hong Kong Pete.
    Let it go.
     
  4. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Yes, letting go is for the best.

    On a completely unrelated note, anyone here speak Cantonese and know how to operate a thermal lance?
     
  5. scrooged

    scrooged New Member

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    Inflation adjusted quote of $70 a fiddy, be almost worth a couple of short courses and an airline ticket.

    Edit: completely unrelated of course
     
  6. norman_h

    norman_h Member

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    I've been wondering this over the last few weeks.
    How many 1966s are still out there?

    I was gifted a fist full of these by my great uncle 30 something years ago.
    This started my fascination with 50c bits and it's lasted for several decades.

    I guess one way to determine how many are available is by individually weighing several thousand 1966s.
    The coins were meant to be 13.28g on average.
    By weighing several thousand of them which have come from multiple trading sources, it wouldn't be unreasonable to weight average a percentage below and above 13.28g.
    The heavier coins would have been melted and the lighter ones traded on, at least, that's the theory.

    Anyone care to advance this theory with some generic calculations?
     

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