Math and Gold?????

[Steve Campbell]

Ok My mind is just plain brain dead tonight. I am watching tv and a commercial come on and says I can buy this great "fake" coin for only something like 20 dollars. I wasn't born yesterday. The real kicker was that it could only be bought at that price for seven days because of the price of gold going up daily.
So here comes my question for all of you. How much gold value is in a coin clad with 31 Milligrams of gold? I just looked and gold is at 1064.0 an ounce.
I am not going to buy this at any price but am just mad at myself for not being able to figure this out.
Thanks to anyone who can help me out here.....

Steve

[Brian Kent]

31 milligrams = 0.000996673144 troy oz

There is $1.06 worth of gold on that thar coin.

[Mike Henderson]

Let's see - 1 gram = 0.0321507466 troy ounces

1mg = 0.0000321507466 troy ounces

31mg = 0.000996673

At $1064 per troy oz, 31mg are about $1.06

Mike

[Steve Campbell]

Man was that quick. Thanks guys. I am not the brightest bulb on the bush, but sometimes I surprise even me.
Even without knowing just how much it was worth I felt that it couldn't have made much difference......
I get a big kick out of most of these late night commercials. I guess you have to get a laugh wherever you can.......
Thanks again guys...

Steve

[Brian Kent]

I love Google calculator. If you write in the regular google search box:

"31 milligrams in Troy ounces"

Then it tells you that:

31 milligrams = 0.000996673144 Troy ounces

Using the same technique you find out that:

70 miles per hour = 188 160 furlongs per fortnight.

Now that's good trivia!

[Myk Rian]

I'll bet they sold 10,000 coins. People can be really stupid.

[glenn bradley]

"70 miles per hour = 188 160 furlongs per fortnight." Thanks Brian, I've been laying awake worrying about that. :D:D:D

[Mitchell Andrus]

I love Google calculator. If you write in the regular google search box:

"31 milligrams in Troy ounces"

Then it tells you that:

31 milligrams = 0.000996673144 Troy ounces

Using the same technique you find out that:

70 miles per hour = 188 160 furlongs per fortnight.

Now that's good trivia!

Yea, but can you tell me how many angels can dance on the head of a pin?
.

[Colin Giersberg]

"70 miles per hour = 188 160 furlongs per fortnight." Thanks Brian, I've been laying awake worrying about that. :D:D:D


How many smoots is that?:D

Regards, Colin

[Horton Brasses]

"70 miles per hour = 188 160 furlongs per fortnight." Thanks Brian, I've been laying awake worrying about that. :D:D:D


The answers to life's most pressing questions: Answered here at SMC. Now the question is where can I use the information to both amuse and annoy my friends and family?

[Lee Schierer]

How many smoots is that?:D

Regards, Colin


1 smoot per minute = 170.545455 furlongs per fortnight :D:D:D:D:rolleyes:

[Steve Campbell]

Wow... I thought I felt brain dead before. This sure is to push me over the edge..........
Thanks again guys

Steve

[Jim Rimmer]

Not only is the gold not worth much, but I heard a coin dealer on the radio telling people that those gold clad coins and the ones that have been colorized are worthless to coin collectors. So if it had been worth anything, it's not now,
.