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Cafe SETI :
How much is a ton of money
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Author | Message |
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Bob DeWoody Send message Joined: 9 May 10 Posts: 3387 Credit: 4,182,900 RAC: 10 |
We have all heard the expression "That must cost a ton of money". Of course it depends on whether it's coin or paper and which currency you are using. A ton of dollar bills would be $800,000.00, a ton of tens would be $8,000,000.00 and so on. My calculation was based on weighing a crisp new dollar bill at 0.04 ounces. Bob DeWoody My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events. |
Gordon Lowe Send message Joined: 5 Nov 00 Posts: 12094 Credit: 6,317,865 RAC: 0 |
That's a great question. The first thing that came to my mind, however, was more in terms metaphorically speaking of what a ton of money was say 50 years ago vs. today. My quick answer right now is a million dollars, but yesterday I was watching the Twilight Zone, and 50 thousand was a ton of money. Maybe we should ask Donald Trump? ;~) The mind is a weird and mysterious place |
soft^spirit Send message Joined: 18 May 99 Posts: 6497 Credit: 34,134,168 RAC: 0 |
That's a great question. Gold coins would be $35,795,200. Well 24k gold ones. Janice |
Carlos Send message Joined: 9 Jun 99 Posts: 29756 Credit: 57,275,487 RAC: 157 |
According to Investopedia: We may all have a different idea of what constitutes a "ton of money", but according to the Bureau of Engraving and Printing, a ton of $1 bills amounts to $908,000 - nearly $1 million! If you're talking about a ton of coins, then it's a different story - a ton of quarters is worth $40,000, and one ton of pennies (363,000 pennies to be exact) is worth $3,630. |
Bob DeWoody Send message Joined: 9 May 10 Posts: 3387 Credit: 4,182,900 RAC: 10 |
They have the dollar weighing 0.35 oz. Mine must have been slightly dirty at 0.04 oz. Bob DeWoody My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events. |
bluestar Send message Joined: 5 Sep 12 Posts: 6995 Credit: 2,084,789 RAC: 3 |
Or perhaps a ton of feather versus a ton of lead. You may also compare a one dollar coin with a 10 dollar note in the same way. |
Es99 Send message Joined: 23 Aug 05 Posts: 10874 Credit: 350,402 RAC: 0 |
Short ton, long ton or metric tonne? I get very confused between them. Reality Internet Personality |
soft^spirit Send message Joined: 18 May 99 Posts: 6497 Credit: 34,134,168 RAC: 0 |
Short ton, long ton or metric tonne? plain ton, 2,000 pounds. Janice |
rob smith Send message Joined: 7 Mar 03 Posts: 22160 Credit: 416,307,556 RAC: 380 |
no, that's a short ton, a real ton is 2240lb.... Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
Es99 Send message Joined: 23 Aug 05 Posts: 10874 Credit: 350,402 RAC: 0 |
no, that's a short ton, a real ton is 2240lb.... What is that in Kg? :) Reality Internet Personality |
rob smith Send message Joined: 7 Mar 03 Posts: 22160 Credit: 416,307,556 RAC: 380 |
of course a tonne is 1000kg ;-) But what is a "real ton in kg......1016.047kg Bob Smith Member of Seti PIPPS (Pluto is a Planet Protest Society) Somewhere in the (un)known Universe? |
BladeD Send message Joined: 9 Aug 11 Posts: 13320 Credit: 1,603,919 RAC: 2 |
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zoom3+1=4 Send message Joined: 30 Nov 03 Posts: 65709 Credit: 55,293,173 RAC: 49 |
$908,000.00, hmm... What would I do with that? Pay off all My bills, Buy a house & land, Pay off 2 mortgages(Nephew and Sister in laws), Buy a 2005-2014 Mustang GT, Fix up the current car and give to an acquaintance who could use a car of Her own, Put $2,000.00 in a savings account, Buy a heavy duty treadmill(500-600lb capacity), Go solar(photovoltaic), Install new vinyl clad dual pane windows on house, Have electrician expand/upgrade electrical system in house if needed, totally outfit My PCs the way I want. I can't think of anything else, but that would take a bite out of that 'ton'... The T1 Trust, PRR T1 Class 4-4-4-4 #5550, 1 of America's First HST's |
bluestar Send message Joined: 5 Sep 12 Posts: 6995 Credit: 2,084,789 RAC: 3 |
Or perhaps it could be said this way. Assumedly a coin may be regarded as being more of value than a note because a coin is metal and a note is paper. But 10 dollars is always more than 1 dollar when it comes to money. If a 1 dollar coin could weigh 2 grams, a ton of such coins would amount to 500,000 dollars. A 10 dollar note would probably weigh 1 gram, therefore 1,000,000 such notes would be needed in order make it a ton of money. Then we probably are back to what money is worth and for which purpose it is all about. Most likely there should be agreed that this discussion is not worth the print on the paper. Not meant for Bob DeWoody, of course. Anyway, to be a little more specific, at Mersenneforum there is a discussion about using the mod % operand for certain calculations. The assumption is that some numbers, those that are odd, like 21, 57 and 95 may not be divided by 2. Therefore it should be no numbers between 10 and 21 because 21 may not be divided by 2. Possibly this is not the correct guess or assumption here. |
W-K 666 Send message Joined: 18 May 99 Posts: 19013 Credit: 40,757,560 RAC: 67 |
In the UK a metric tonne of 20p coins is worth £40,000 exactly, and for 50P coins is £62,000. 20p coin is 5gm, 50p coin is 8gm, good enough to calibrate those pocket digital scales without buying fancy calibration weights. |
Bob DeWoody Send message Joined: 9 May 10 Posts: 3387 Credit: 4,182,900 RAC: 10 |
Or perhaps it could be said this way. Since I posted the original statement in the Cafe it was intended as a light hearted attempt put a value on a phrase that gets used a lot. As far as I am concerned few of the discussions in here would be worth the paper they would be printed on. Bob DeWoody My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events. |
soft^spirit Send message Joined: 18 May 99 Posts: 6497 Credit: 34,134,168 RAC: 0 |
bottom line I think, if you need a fork lift to open your wallet, you have enough most of the time. However if something requires a fork lift of money.. it might be expensive. Janice |
Monday Send message Joined: 24 Sep 05 Posts: 9676 Credit: 20,067,888 RAC: 12 |
I think a ton of money is equal to one quarter of a S**t-load of money. |
Bob DeWoody Send message Joined: 9 May 10 Posts: 3387 Credit: 4,182,900 RAC: 10 |
I think a ton of money is equal to one quarter of a S**t-load of money. I can't think of a way to quantify that one. Nor do I want to. Bob DeWoody My motto: Never do today what you can put off until tomorrow as it may not be required. This no longer applies in light of current events. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30608 Credit: 53,134,872 RAC: 32 |
When you have enough money that you need materials handing equipment to move it ... |
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