Value of 1 troy oz of sterling silver?

Discussion in 'Bullion Investing' started by bruce m, Feb 17, 2011.

  1. bruce m

    bruce m New Member

    How much is 1 troy oz of sterling silver worth? thanks.
     
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  3. rickmp

    rickmp Frequently flatulent.

    92.5% of the value of 1 troy oz. of .999 fine silver.
     
  4. bruce m

    bruce m New Member

    ha, thanks i didnt think about calculating that..
     
  5. desertgem

    desertgem Senior Errer Collecktor Supporter

    If you are considering selling it, most dealers offer a lesser amount calculated than if it was 99.9 silver. Their smelting costs are usually calculated by the purity, so they offer less. Same if a person is selling 18 K gold rather than 24 k .

    Jim
     
  6. GeorgeM

    GeorgeM Well-Known Member

    FYI, some sterling medals are more than an ounce (1.2 ounce weights are fairly common). So, make sure you check the weight (and understand the difference between troy and avoirdupois ounces).
     
  7. krispy

    krispy krispy

    Plug in the numbers and play: Dendritics PM Calculator
     
  8. patti

    patti New Member

    i have a one troy once silver dollar, oklahoma federated gold and numismatics inc. on the back and says one troy oz. but the eagle is standing at rest on a branch with an olive branch under his right claw. and under the branch it says 999 fine silver. The eagle at rest is what i found to be different on this coin. I also weighted it and it ways 32.3 grams. which is heavier than another one i have. So Im not familiar with the weight differences or the eagles stances. Can u give me a heads up on this at all?

    thanks patti
     
  9. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    It sounds like a one ounce silver round. Sometimes the weight is a little off on these, high or low.
     
  10. patti

    patti New Member

    Thank You for replying,
    I dug this coin out of the ground several years ago and felt the clarity on it was amazing for being dug up.
     
  11. Rainyday

    Rainyday New Member

    Most good refineries pay %85 for sterling which would be $25.75 for 1ozt today
     
  12. patti

    patti New Member

    I was offered 75.00 for this coin, maybe i should take it and run lol
     
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