Spotted this: http://www.ebay.com/itm/36-STERLING...pt=US_Bullion_Bars_Rounds&hash=item56614a6d96 It's under spot if anyone interested. I don't have the funds so I'll pass it to someone else. I am not the seller, don't know about the coins but it seems a great deal. Later edit: I am not sure if these are troy oz or advp oz so ask the seller or do your own research before buying.
At the current silver price of $19.15, they have $637 in silver and are selling for $625. Not a bad deal with the free shipping.
Are we sure that these are in ozT? I know some of the Franklin Mint products were sold as 28g ounces, not troy.
According to similar sets on ebay, they should be ozT, but I can not guarantee that, so anyone interested should ask the seller or make their own research.
If it's not ozT then melt is around $582. Still might not be a bad deal just to speculate on the metal price.
In the description:"A LOT OF (36) DIFFERENT (1) OUNCE OF 0.925 STERLING SILVER MEDALS." Assuming the seller is not an idiot then it is standard ounces worth $579
That's right. Confusing, isn't it? The explanation I've heard is that 90% has a predictable, known composition, with the other 10% pretty much pure copper; this makes it easy to refine in bulk. In sterling, the other 7.5% can include a number of different elements, and the composition can vary from piece to piece, making the silver harder to reclaim. No such issue with low-purity gold, though; gold's easy to separate from just about anything you're likely to find in 10K/14K alloys.
Yup, the other 7.5% of Sterling is an array of metals which can be very difficult to separate and refine, if that is the intention. US 90% is just silver with a 10% copper core, making for much less loss in the refining process. As Jeff stated, gold alloy will separate much more easily, although 14/18/22K are easier than 10K, which can sometimes contain some strange junk, depending on the country of origin.
