Question: are railroad spikes worth anything?
Answer: 76 = 1.3158 spikes per pound. For the lower range we can calculate $. 80/spike * 1.3158 spike/lb = $1.0526/lb. So if you are an absolute value hound, buying bulk orders of railroad spikes CAN BE marginally cheaper than small orders of steel stock – as small orders generally cost significantly more on a per lb.