bwilly36
Jr. Member
Any input on whether $17.50 would be a good purchase price on the attached "Peoples State Bank" silver ingot?
1000 grain sterling silver bar
- Thread starter bwilly36
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Emperor Findus Cladius
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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.
cyberdan
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Are you sure this is sterling (92.5%) every art or ingot bar I have seen is fine silver (.999%)bwilly36 said:
does it say sterling on the bar?
Emperor Findus Cladius
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Even if it was sterling it would still have $25 worth of silver. Still a great deal!!!!!!!
Jack_MIghtyheart
Sr. Member
Good deal. I have one sterling bar, 500 grains. Got it for a little less than spot. I say go for it.
mistergee
Silver Member
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
