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  1. #1

    Apr 2005
    Marion, IA
    45

    1000 grain sterling silver bar

    Any input on whether $17.50 would be a good purchase price on the attached "Peoples State Bank" silver ingot?
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  2. #2
    us
    Sep 2004
    TX
    Whites Vision/V3 Spectra, AT Pro
    1,768
    3 times

    Re: 1000 grain sterling silver bar

    No, that would be a great purchase. There are 480 grains of silver in an ounce, which means there are over two ounces of silver in that ingot. Currently silver is $13.42 an ounce, which means there is over $26.82 worth of silver in there.

  3. #3

    Apr 2005
    Marion, IA
    45

    Re: 1000 grain sterling silver bar

    But keep in mind, this is sterling silver, so wouldn't the value be lower?

  4. #4
    us
    Dec 2006
    Left Coast
    XLT & Bigfoot
    2,940
    447 times

    Re: 1000 grain sterling silver bar

    Quote Originally Posted by bwilly36
    But keep in mind, this is sterling silver, so wouldn't the value be lower?
    Are you sure this is sterling (92.5%) every art or ingot bar I have seen is fine silver (.999%)
    does it say sterling on the bar?
    at yard sales I am dollardan
    on ebay I am the-howto-guy
    http://www.ebay.com/sch/the-howto-gu...p2047675.l2562

  5. #5
    us
    Sep 2004
    TX
    Whites Vision/V3 Spectra, AT Pro
    1,768
    3 times

    Re: 1000 grain sterling silver bar

    Even if it was sterling it would still have $25 worth of silver. Still a great deal!!!!!!!

  6. #6
    vn
    Aug 2008
    South Jersey Shore
    Tracker IV and Ace 250
    380

    Re: 1000 grain sterling silver bar

    Good deal. I have one sterling bar, 500 grains. Got it for a little less than spot. I say go for it.
    Proletarier aller Laender vereinigt euch!

  7. #7
    us
    Jan 2008
    3,351
    8 times

    Re: 1000 grain sterling silver bar

    my bars say either fine silver or sterling silver and there is a differnce in price as sterling has other metals in it to make it stronger(harder) thus less silver

 

 

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