A Pretty Wire - Part. 2

Nov 18, 2008 21:04

Well I never did finish my Oooh a shiny penny! post from earlier this year in which I was soliciting offers for a Pretty wire and a 2007 US penny. The whole (somewhat lame in hindsight) point of the post was that the wire I found was infact Platinum. ie. "Pretty wire" = Pt wire

Given that the density of Pt is 21.45 g/cm3 and the wire is 22swg (0.71mm in diameter) and 10cm long, one could have calculated the wire's weight as:
10cm x π(0.071cm/2)2 x 21.45 = 0.8492 g = 0.0273 ozt .
On the day of my original post, the price for Platinum was US$2065/ozt. This makes the value of the wire a whopping 2065 x 0.0273 = US$56.37 .

Credit has to be given to yukojin_mousei for being the most observant and noticing that 'P' & 't' were in bold type, but atariwolf wins for making the best offer.

With the recent financial turmoil Platinum has plummeted to a mere US$822/ozt which would make my wire worth a paltry' US$22. Still pretty good value for the cute Otter's offer of US$10 though. I'll even throw in the penny too! ;)
Up