Timeline for Is 1971 minimum wage "in silver quarters" far, far higher than the current minimum wage?
Current License: CC BY-SA 4.0
6 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| 2 hours ago | comment | added | Seth Robertson | @NoseKnowsAll is correct. Looking at macrotrends.net/1470/historical-silver-prices-100-year-chart we can see that it is missing the rather notable silver price spike in 1980, nominally caused by the Hunt brothers attempt to corner the market. | |
| 4 hours ago | comment | added | NoseKnowsAll | There are a million things wrong with the "silver quarter melt value over time" graph from wrong axes to nonsense data. I assume it was made with faulty AI. Please replace it with an accurate graph instead. | |
| 7 hours ago | comment | added | dave_thompson_085 | I was a high-schooler in 1971, beginning activities like paid work and buying some things on my own, and I can testify quarters from 1964 (and back to at least 1960) were still in wide use at face value, with only uncirculated, proof, or mis-struck items commanding any premium. @DavePhD: also there are two separate horizontal bars for '$0', and the years aren't anywhere near linear. | |
| 13 hours ago | comment | added | DavePhD | macrotrends.net/1470/historical-silver-prices-100-year-chart | |
| 14 hours ago | comment | added | DavePhD | The melt value graph is very suspect considering that silver reached $49.45 per troy ounce on 1/18/1980. That would be over $200 in current dollars. | |
| 17 hours ago | history | answered | Lundin | CC BY-SA 4.0 |