Check the spot price of silver in the financial section of your daily newspaper or at kitco.com. Your 'coin' is a bullion piece that will trade at the current spot price +/- a small percentage.
The Engelhard prospector silver round is considered a collectible. ÊIt is highly sought out due to the quality of the mint andÊlimited distribution. ÊThe round is 1 Troy ounce of silver with a diameter of 39.8mm.
Minted by the Engelhard Mint in the United States, the "Prospector" round was one of the first one-ounce bullion rounds to be minted and marketed to the public. They are not legal tender. The value is tied to the spot price of silver at the time of sale, right now it's $28.90 per ounce.
Silver was $17.68 an ounce, according to Engelhard Commodities.
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/
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.
Value depends on the Spot Price of silver at time of sale. Currently silver is $22.42 per ounce.
The value of a 10 oz Engelhard silver bar is primarily determined by the current market price of silver, which fluctuates daily. As of late 2023, the price of silver is typically around $25 to $30 per ounce, making the intrinsic value of the bar between $250 and $300. However, Engelhard bars are often considered collectible, which may add a premium to their value. It's best to check current market conditions and local dealers for the most accurate pricing.
31.1 in an American ounce. There is no American ounce. There is the Avoirdupois ounce which is 28.35 grams and the troy ounce which is 31.10g used for quantifying gold and silver bullion.
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.
8-4-11>>> This is a American Silver Eagle 1 ounce bullion coin. It is one ounce of pure silver.
The value of 100 oz Engelhard silver bars depends on the current market price of silver. As of October 2023, silver prices fluctuate around $24 to $30 per ounce. Therefore, a 100 oz Engelhard silver bar could be worth between $2,400 and $3,000, not including any premiums that might apply due to the bar's brand, condition, or collector interest. Always check the latest market prices for the most accurate valuation.
The 2012 American Silver Eagles coins are one ounce of pure silver.