P-59A Posted November 10, 2018 Share #1 Posted November 10, 2018 When I was getting a wing weighed at the coin shop the owner sold me this for scrap value. Link to comment Share on other sites More sharing options...
stratasfan Posted November 10, 2018 Share #2 Posted November 10, 2018 So . . . what's scrap value? Actually, what would the value be not scrap? I've got one of these! Link to comment Share on other sites More sharing options...
268th C.A. Posted November 11, 2018 Share #3 Posted November 11, 2018 Scrap is nothing, probably $4. the weight of silver in ounces. Link to comment Share on other sites More sharing options...
USARV72 Posted November 11, 2018 Share #4 Posted November 11, 2018 Good deal, saved from the smelter. Who remembers the run on silver way back? Lots and lots of wings, CBIs and other insignia got melted. Link to comment Share on other sites More sharing options...
mds308 Posted November 11, 2018 Share #5 Posted November 11, 2018 Here's a way to calculate scrap silver value per gram: Currently, silver is 14.15 per ounce. Divide the current silver value by 31.112 (number of grams per ounce). This equals .454 or 45.4 cents per gram. If the wings weigh 27 grams, the scrap value would be around 12.25. A great way to buy wings. Link to comment Share on other sites More sharing options...
P-59A Posted November 11, 2018 Author Share #6 Posted November 11, 2018 So . . . what's scrap value? Actually, what would the value be not scrap? I've got one of these! I have no idea of what collector value is on this. This was made at some time between the very late 1940's to mid 50's? Anyone know for sure? Link to comment Share on other sites More sharing options...
mds308 Posted November 11, 2018 Share #7 Posted November 11, 2018 Here's a way to calculate scrap silver value per gram: Currently, silver is 14.15 per ounce. Divide the current silver value by 31.112 (number of grams per ounce). This equals .454 or 45.4 cents per gram. If the wings weigh 27 grams, the scrap value would be around 12.25. A great way to buy wings. I forgot to add the final step. Since the item is sterling silver and not pure silver, you would need to multiply your final number by .925 since sterling silver is 92.5 percent silver. Therefore, the 12.25 for pure value would be 11.33 for sterling. Any questions on this, feel free to PM me. As for the wings collectors value, I'll leave that to the real wing nuts. Link to comment Share on other sites More sharing options...
Lee Ragan Posted November 11, 2018 Share #8 Posted November 11, 2018 I have no idea of what collector value is on this. This was made at some time between the very late 1940's to mid 50's? Anyone know for sure? Master Aircrew (USAF), authorized in April 1963. So it was made sometime after that. Link to comment Share on other sites More sharing options...
P-59A Posted November 11, 2018 Author Share #9 Posted November 11, 2018 I forgot to add the final step. Since the item is sterling silver and not pure silver, you would need to multiply your final number by .925 since sterling silver is 92.5 percent silver. Therefore, the 12.25 for pure value would be 11.33 for sterling. Any questions on this, feel free to PM me. As for the wings collectors value, I'll leave that to the real wing nuts. The owner of the coin shop gave me the same breakdown, or at least it sounded the same and in that moment I was back in school hoping he wasn't going to ask me what the answer is. Thank you for the break down, at least I can read it over and over. Link to comment Share on other sites More sharing options...
P-59A Posted November 11, 2018 Author Share #10 Posted November 11, 2018 Master Aircrew (USAF), authorized in April 1963. So it was made sometime after that. I am not disagreeing but, other place's say 1948 after the Air Force divorced the Army. By 1963 didn't the metal insignia have the letter-number stamps? Link to comment Share on other sites More sharing options...
pfrost Posted November 11, 2018 Share #11 Posted November 11, 2018 The rating was authorized in 1963. The alpha/numeric system was put in place around the same time. I don't recall the exact dates but I think it started in the late 50's early 69's Best P Link to comment Share on other sites More sharing options...
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