10,000 Grains Sterling Silver Franklin Bar, Help!

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Author	Replies: 8 / Views: 21,034
maichinht Valued Member United States 102 Posts	Posted 02/17/2011 7:44 pm Hey guys, I have a 10,000 grain sterling silver bar. But the problem is I don't know how much it is worth. I think it was made in 1970s... Any ideas? Report this Post to the Staff

oblakavshtanax Pillar of the Community United States 757 Posts	Posted 02/17/2011 8:38 pm weight it Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 02/17/2011 8:43 pm 1 troy ounce = 480 grains 10,000 grains = 20.83 troy ounces Sterling silver is .925 pure Current spot = $31.67 20.83 times 31.67 times .925 = $610.21 Edited by cwb1877 02/17/2011 8:45 pm Report this Post to the Staff
maichinht Valued Member United States 102 Posts	Posted 02/17/2011 9:40 pm Very helpful cwb! Thanks for the great info. Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 02/17/2011 9:54 pm You're very welcome! Report this Post to the Staff
Meldude Valued Member Canada 162 Posts	Posted 02/18/2011 12:03 am Would it have any extra value, being it made in the 1970s? Just curious. Report this Post to the Staff
Silverhawk74 Pillar of the Community United States 3670 Posts	Posted 02/18/2011 02:41 am Curious about sterling silver, since it has a small percentage of other alloys mixed in (.925%), does this make it less sought after? I like the look of the sterling coins, even though I have not bought any yet. They seemed to be a detailed raised image often, with a some what darker tone perhaps than say a shinny piece of pure troy, would this be correct? You gonna sell that bar, or sit on it a add to it? Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 02/18/2011 05:35 am Much less sought after, any time you get away from 999 and full ounces you're looking at something that has to be calculated, sometimes for weight, sometimes purity, sometimes both. Yes, the value is there, but who wants the extra steps. For example, here's one dealer's buy prices: .925 STERLING PER T.O. 20.96 .999 FINE SILVER 30.76 7.5% less pure, 31.9% lower buy price Report this Post to the Staff
cwb1877 Pillar of the Community United States 1659 Posts	Posted 02/18/2011 07:22 am Quote: Would it have any extra value, being it made in the 1970s? I did an ebay search and found a completed listing in which a bar just like this one sold for $661.00 on 2/17/11. http://cgi.ebay.com/10-000-Grains-S...em27b8c53175 I would venture to guess that the reason it sold for roughly $50 over spot has more to do with the high demand for silver right now rather than any rarity associated with this particular bar. Either that, or the high bidder didn't understand that the bar is only .925 fine as opposed to .999 fine, however I think the above reason is far more likely. Report this Post to the Staff
	Replies: 8 / Views: 21,034

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