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Silver Fineness Question (Foreign Coin)

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Author Previous TopicReplies: 2 / Views: 1,135Next Topic  
Pillar of the Community
SilverTracker's Avatar
United States
589 Posts
 Posted 05/16/2013  12:35 pm Show Profile   Bookmark this topic Add SilverTracker to your friends list Get a Link to this Message Number of Subscribers
Hi All,

I have been looking at a 1965 Austrian 10 Schilling coin on a website and I am considering to buy it. Here is my question to you all. The website has the specs on the coin and it says the following:

SPECIFICATIONS

Composition: Silver
Weight(g): 7.5000g
Weight(Oz): 0.24 Oz
Fineness: 0.6400
Net Content: 0.15 Oz
Diameter: 26.90mm

I know this a silver coin but am I right to assume that the silver content is 64% silver at 7.5 grams ? Is the fineness used here the same as the ASE which is 99.9% silver at 31.10 grams?

Thanks JOhn
Edited by SilverTracker
05/16/2013 1:04 pm
Valued Member
United Kingdom
152 Posts
 Posted 05/16/2013  2:21 pm  Show Profile   Bookmark this reply Add numismatic biz to your friends list Get a Link to this Reply
Yep total silver = 64% x 7.5 = 4.8 gramm of silver in coin

ASE is almost 100% so if you had 1000 gramms of 99.9 silver you would
only have 999 gramms of pure 100% silver and 1 gramm of other metal.

yours

michael
Pillar of the Community
SilverTracker's Avatar
United States
589 Posts
 Posted 05/16/2013  4:01 pm  Show Profile   Bookmark this reply Add SilverTracker to your friends list Get a Link to this Reply
Thank you Michael for explaining that and answering the question. Cheers John
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