As of today 9-13-11 it's worth about $40.00.
Sterling Silver is 92.5% pure. Therefore, 1 gram of Sterling Silver contains 0.925g of pure silver. 1 gram of sterling silver is worth: 0.5714 x 0.925 = £0.5285 Rounded up, a gram of sterling silver is worth 53p / gram. As of 20/01/2011, fine silver is priced at £17.7729 / Troy Ounce (source: lbma.org.uk). There are 31.103 grams in a Troy Ounce. Therefore, 1 gram of fine silver is worth: 17.7729 / 31.103 = £0.5714
The spot price of silver (as of late afternoon on February 5, 2009) is US$12.90 per troy ounce, implying that the spot value of the a 100 troy ounce bar is US$1,290.00. However, at the moment there is a dislocation in the market such that the "spot" price is not actually the price at which physical silver (actual silver metal, as versus paper representing it) trades. As an example APMEX, a dealer in precious metals, is offering to BUY a 100 troy ounce bar for US1,343.00 (http://www.apmex.com/APMEXTop40/Default.aspx), and has nothing to SELL at all (obviously, if they did, the sales price would be above US$1,343.00 - the same site is buying 1 troy ounce rounds for $13.43 and selling them for $15.47). Broadly speaking, if you had a bar you wanted to sell, you could get $1,343; if you wanted to buy one, you should probably expect to payabout $1,500 if you can find one at all.
Yes, fine can be used as an adjective. Examples: a fine writer, fine hair. Fine can also be used as verb and a noun. Verb: The police officer fined the driver for speeding. Noun: Please pay the fine on time.
fining
Fine can be used as an adjective, a noun, and a verb.Adjective: That is a fine piece of work.Noun: How much was the speeding fine?Verb: He was fined for speeding.
Pure silver (.999 fine) is traded daily and its value changes just like any other commodity. Today, 8-20-2009, silver is at $13.88 a troy ounce, making the value of a 1 troy ounce Engelhard silver bar today worth about $14. That value was most assuredly change in the future.
The value changes as market prices fluctuate. As of 20 October 2012, silver is worth $32.06/oz, so a 10 oz. silver bar is worth $320.60.
As of today 9-13-11 it's worth about $40.00.
Silver currently retails for about $20/oz. That amount may or may not have been true at the time of its posting. The complete story is that pure silver (.999 fine) is traded daily and its value changes just like any other commodity. Today, 8-20-2009, silver is at $13.88 a troy ounce, making the value of a 1 troy ounce Engelhard silver bar today worth about $14. That value was most assuredly change in the future. There are also sometimes premiums paid for a silver bar or round because of the design or mintage. This site shows a list of all the different types and numbers made of Engelhard one ounce bars: http://freesilverguide.com/engelhard-bars/
A little over 100 bucks. That amount may or may not have been true at the time of its posting. The complete story is that pure silver (.999 fine) is traded daily and its value changes just like any other commodity. Today, 8-20-2009, silver is at $13.88 a troy ounce, making the value of a 10 troy ounce Engelhard silver bar today worth about $139. That value was most assuredly change in the future.
The spot price of silver.
Silver is trading at about 28.50 an ounce. A half ounce of silver is worth about 14.25.
It is worth whatever 1 troy ounce of silver is worth. Today it is worth about $30, although the price of silver fluctuates.
It is worth the price of silver, right now one troy once of silver is worth $27.35 but that changes daily or even hourly.
The value of a troy ounce coin of 999 fine silver is based on the current spot price of silver in the market. You can calculate its worth by multiplying the weight of the coin in troy ounces by the current spot price of silver. Additionally, consider any premiums or fees that may apply when buying or selling the coin.
Silver currently sells for about $16/oz.
if it says .999 fine silver then its worth about 12 times 40 (480) if it says one troy pound and it looks silver then it is a plated fake and its worth 120