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Silver

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chris12018
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 Posted 02/17/2009  07:44 am Show Profile   Bookmark this topic Add chris12018 to your friends list Get a Link to this Message Number of Subscribers
I have 50 pieces of 1 0z. silver bars, w/ 24 karat gold plating. 50 pieces of silver weigh 1,555 grams. My total weight of silver w/ 24 karat gold plating is 1,609 grams. Am I to assume that I have 54 grams in gold weight?
biokemist6
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 Posted 02/17/2009  11:35 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Going with that assumption, you would have about 1 gram of gold per ounce of silver- the gold would be worth more than the silver itself. Plating is normally a very thin layer, not 3% of the total weight. Do the bars have a hallmark? If they do not, I think it would be a safer assumption to say that these bars are not .999 silver.
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chris12018
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 Posted 02/17/2009  11:56 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
What do you mean by hallmark. If you mean are they marked .999 fine silver and 24 karat gold, then the answer is yes.
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chris12018
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 Posted 02/17/2009  12:10 pm  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
Here are some pictures. On the back it says; one troy oz. .999 fine silver & engraved on the edge it says; HM 24KT EGP 0358 (Hamilton mint 24kt electric gold plate and serial #)

Image: Silver P1000370.jpg
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Image: Silver P1000366.jpg
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