"take the price of silver per oz right now 32.35 is the high today, theres 36 ingots each weighing 5.7 ounces so thats a little over $6600 dollars in silver"
I do not believe this is correct . . .
First I know the bars are actually 5.2 ounces, but more importantly, 2500 grain means that these are not FINE silver. So these 5.2 oz bars are prob only about 85%-90% silver.
THEN refineries would charge 15% - 20% to make fine silver bars.
Each ingot is worth about $300. The whole set is 300 x 36.
"industrial revolution" silver ignots
From what I have seen because I have one too about £50 - £60
The ingots will have a 'scrap' silver value of approx £14 per Troy Ounce (31.1035 grammes). Weigh them all together and then you should get an accurate figure. Remember silver is at a 30-year high (October 2010)
Original cost was $717.50 for 50 1oz .999 fine silver ingots. Shipped in sets of 2 ingots. Entire set of 50 ingots included display sheets for ingots, a color picture of the plane, and a description and history of each plane bound in a book.
$1,420.00
About 2,000 maybe more as an invester set
The value of the 1971 Franklin Mint collection of sterling silver ship ingots can vary significantly based on factors such as condition, demand, and market fluctuations. Typically, these ingots are valued for their silver content as well as their collectible nature, often ranging from a few hundred to several thousand dollars. It's advisable to consult current market prices for silver and seek appraisals from reputable dealers or auction houses for an accurate valuation.
The value of Franklin Mint silver ingots from the Great Western Mines can vary based on factors such as condition, market demand, and the specific edition of the ingots. Generally, these collectibles can range from a few dozen to several hundred dollars each. For an accurate valuation, it's advisable to check current market listings or consult with a numismatic expert or appraiser.
The value of Franklin Mint's silver ingots, such as the "Elizabeth Our Queen" series, can vary significantly based on factors like condition, market demand, and silver prices. Typically, these ingots may be worth their silver content plus a premium for collectibility, often ranging from $20 to $100 or more each. For an accurate appraisal, it's best to check current market prices for silver and consult collectors or dealers specializing in numismatics.
The Babylonians had no coinage but they used, besides barly and wheat, ingots of gold and silver as standards of value and mediums of exchange.
As with virtually all of these privately minted silver art bars, ingots, and rounds, there is basically no secondary resale market for them, other than for the silver they contain. So calculate the total Troy ounces they contain (rermember that Sterling is only 92.5% pure silver), and multiply that by the current spot price of silver, and you will have a close estimate of their current value. See the related links of a link to Kitco, where you can monitor current silver spot prices.