The minimum wage in 1964 - the last year 90% silver
coins were issued in the US - was $1.15 per hour.
At the current silver price of $19.65 per oz. the melt value
of $1.15 in pre-1965 silver coins comes to $17.41.
Which is 2.4 times the current federal minimum wage
of $7.25 per hour...
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