Silver is currently valued at about $13.50 per ounce. A dealer will buy single ounce bars or rounds for about $10 or sell them for about $16.
Those '100 mills .999 silver' are usually copper bars coated with a thin silver layer. Strictly speaking the description is correct, it specifies that this plating is pure silver and that it's 100 mills thick. So it's not a solid silver bar. They are just art items, novelty stuff that cost maybe $1 total to produce. The coating is so thin the actual amount of silver is maybe one gram.
yes if u do not slit the bars the bars will crush and u will have to buy new one
1oz silver bars can be invested with many big companies who hold silver shares on the market. One could also try local banks where they could invest the bars at the current trading price of the silver.
You go to the nearest store and buy one.
You can buy 4 bars for one dollar. 4 x 99 is 396. Therefore you could buy 396 bars for $99
I have one, if you want to buy it or want to sell yours, it costs around £100
1000
They are so rare, they are worth a huge amount. I never had one come in my store, but I have a waiting list to buy one. I estimate it's worth between $1,000 and $2,500.
one
Technically, you need however much an ounce of silver costs when you go in to buy it. Coin dealers sell a "bullion coin" called the Silver Eagle that contains one ounce of sterling silver; you can buy one and say you have invested in silver. One ounce ain't gonna get you far, folks. In reality, serious investing in silver starts with 100 troy ounces of metal. And you're better off if you've got at least 1000 ounces of it.
Novelty and holiday silver bars/rounds generally don't have any premium or collector value. As of 23 September 2015, a one ounce piece is worth $14.86.