Looking for information and/or help identifying this silver bar. Antique? Rarity? Or any information about Republic Silver Company would be helpful. Thanks
You might contact them , or maybe it's on their site . Nice bar you have there . https://www.republicmetalscorp.com/
I was hoping a coin dealer would jump in correctly,but. 3.125 Pounds sterling? pounds is also a currency amount problem must convert to grams the common denominator between the measurements. 3.125 lbs Avoirdupois = 1417. grams= 45.55 troy oz./12 tr.oz/tr lb = 3.79 tr. lbs 50 troy oz would be 4.166 troy pound as stated.
https://en.wikipedia.org/wiki/Troy_ounce Why those odd numbers 31.1g vs 28.3g? Why? Can't we simply agree it's about 30g?
The troy ounce has been used for precious medals for centuries, whereas the AVDP ounce has been used for most everything else for centuries. If you want, you can just stick to grams, or DWT, in the case of gold (1.6g/per).
Even here in Europe, where we do not use those old units in everyday life, the ounce (at 31.1something grams) is common for bullion coins. "30g" just does not have that "precious" sound. Here is a similar silver bar (100 oz): http://www.apmex.com/product/79235/100-oz-american-republic-silver-co-999-fine Note that, according to the seller, that company (Republic Silver) does not exist any more ... Christian
Actually , not this Fall. But they won't let me order precious metals as an expendable supply so it is all Av./grams. They seem not to trust me with PM. Since I am so close to the border, most grocery stores use avoir. pounds and ounces and kg, grams on the signs. Cans and bottles have both. Gasoline is still dispensed as Gal. as the sealer of weights and measures use it.
The easiest way to keep from getting confused is get a scale that weighs in ozt and weigh all of your gold and silver in that scale. No conversion necessary. Total weight times the fineness = actual gold/silver content. Total gold/silver content X spot = melt value. Postal scales will not work for weighing gold and silver by the ounce or pound they must be used in grams only to be accurate. Grams divided by 31.1 = troy ounces. Total troy ounces divided by 12 = troy pounds.
Can anyone give me information about this bar? It's 100 ozt old pour with Republic Silver Company in script, much like the 50 ozt in this thread.