Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Join Thousands of Coin, Bullion, & Money Collectors 300,000 items to help build your collection! Specializing in Modern Numismatics Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Royal Estate Auctions - $1 Coin AuctionsCoin, Banknote and Medal Collectors's Online Mall Vancouvers #1 Coin and Paper Money Dealer








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Best Place For Smaller Silver Bars 1gram 5gram

To participate in the forum you must log in or register.
Author Previous TopicReplies: 18 / Views: 14,980Next Topic
Page: of 2
Pillar of the Community
Silverhawk74's Avatar
United States
3670 Posts
 Posted 03/28/2011  2:55 pm  Show Profile   Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
My bad Fredd, I had learned that from you guys, but made mistake and got them backwards....

So, 3100 plus bars and that new site IBgolden posted shows a 2 dollar average, much better I guess at 6200 bucks for 100 oz of 1 gram silver bars....
Edited by Silverhawk74
03/28/2011 2:57 pm
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 03/29/2011  08:54 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:
Precious metal is troy: 24 grains to the dwt, 20 dwt/480 grains to the oz, 12 oz/5760 grains to the #.


This ties in to coins.

You may have heard the term "pound sterling". A British monetary £ was originally 1# of silver. A pennyweight (dwt) was the weight of a silver penny. As noted above, there are 20 dwt to an ounce, 12 ounces to the #, so 240 dwt to the pound.

For reasons unknown, instead of making 20 pence (plural of penny) a denomination with an ounce of silver, and 12 of those making a pound sterling, they made 12 pence be a shilling, with 20 shillings to the pound.

The end result is the same. There are 240 pence, each weighing a dwt, to the monetary £, and 240 penny weights to the weight #. Once you understand this, the old lsd (pound, shilling, pence abbreviations) makes a lot more sense.

Trivial 1: Ancient coins included silver pence, too. The were called denarius, which is where the d of lsd came from.

Trivial 2: When the US went to the small size cent in copper, it took a lot more copper than silver to make a cent/penny. As a result, a copper cent weighs almost exactly 2 dwt.
New Member
United States
34 Posts
 Posted 03/29/2011  5:31 pm  Show Profile   Bookmark this reply Add ms32462 to your friends list Get a Link to this Reply
yes go to ebay then search engelhard best or almost the best silver for your money
  Previous TopicReplies: 18 / Views: 14,980Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums