Silver prices change constantly. Right now I can buy a 10 oz bar from a major refiner for $313.80, sell them one of their own bars for $301.10, or a bar from another refiner for $295.90. These prices may be different in the morning and I would have to pay shipping charges both ways.
Yes, "999 fine silver" and "999 pure silver" refer to the same thing, which means the silver is 99.9% pure. This is a high level of purity commonly used in bullion and jewelry.
999 fine silver is 99.9% pure silver, while sterling silver is 92.5% pure silver with the remaining percentage typically being copper. This makes sterling silver more durable and suitable for jewelry and decorative items, while 999 fine silver is softer and more prone to damage.
The spot price of silver fluctuates daily. See the Related Link for "Kitco: Spot price of precious metals" for the current value. According to this morning's paper (April 23, 2007), yesterday's price for one troy ounce (31.1 grams) was $14.33 if you buy a 1000 Tr Oz. ingot. If you buy smaller ingots, the price per ounce is greater.
The price of 5 grams of 999 fine silver would depend on the current market price of silver. You can multiply the weight (5 grams) by the purity (999) to calculate the actual silver content, and then multiply that by the current price per gram of silver to determine the total cost.
.999 pure silver means the item is made of 99.9% silver, while 1 troy oz refers to the weight of the silver. A silver clad item may have a thin layer or plating of silver over another base metal, whereas 1 troy oz specifically denotes the weight of silver in the item.
value of maryiln monroe silver bar 1 troy oz.999 fine?
Silver currently sells for about $17/oz
1 troy silver .999
It is 1 troy oz of 999 fine silver. So its value is the current silver price for 1 troy oz. Depending on its condition there could be some additional numismatic value to collectors too. Current silver price as of this moment is $34.28 per troy oz of fine silver.
Unless you find someone that wants it, value is just for the silver about $27.00
The value of a one troy ounce 999 fine silver Sunshine Mining coin can vary based on the current market price of silver. It is worth approximately the spot price of one troy ounce of silver, as it contains that amount of pure silver. Additional factors like collectibility or rarity may also influence its value.
One ounce of silver is about $32.00 at present. Most people will only want it for its silver value.
About $32 per troy ounce at the time of writing. .999 refers to silver that is 99.9% pure.
If it's .999 fine, about $30.00
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.
About $20 at current precious-metal prices
6-28-11>>> The spot price of silver is $33.58 per ounce.