chart

Over the past hundred years, you could buy all of these things for about the same amount as the price of a specific portion of an ounce of silver. Regardless of what the price of an ounce of silver was, most of the time, the relevant price of the corresponding portion of an ounce of silver would have bought the same things. This chart shows the average equivalents.

Item

Exchange Value

Portion of an Ounce of Silver

Loaf of Bread

1/8

Flour, 4 lbs.

1/8

Milk, per gallon

1/4

Cheese, 1 lb.

1/4

Butter, 1 lb.

1/4

Coffee

3/8

Potatoes, 10 lbs.

1/2

Rice, 10 lbs.

1/2

Sirloin steak, 1 lb.

1

Ground Beef, 1 lb.

1/4

Bacon, 1 lb.

1/4

Ham, pr lb.

1/8

Eggs, per dozen

1/8

Sugar, 5 lbs.

1/8

Salt, 2 lbs.

1/8

Gasoline, 1 gal.

1/4

Oil, 1 qt.

1/4