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<p>[QUOTE=&quot;Del Pinto, post: 2076688, member: 73128&quot;]From that Sedgewick Auction 11/18/14:</p><p>&quot;Large silver bar #668, 80 lb 9.6 oz troy, Class Factor 1.0, from the Atocha (1622). About 14&quot; x 5&quot; x 3&quot;. This is one of the nicest Atocha &#039;loaves&#039; of silver we have ever offered...&quot;</p><p><br /></p><p>As indicated by weight and purity, that&#039;s ~961.5 Ozt Ag which sold for USD $ 38,305. (+ other fees and taxes I don&#039;t know what) when Silver closed at $16.27/Ozt; you can calculate the premium was 69%.</p><p><br /></p><p>From the same wreck, a purportedly average but &quot;Class 1&quot; ingot (892 Ozt Fine) sold on 10/25/12 for at least $44250 when Silver was at $32.08: ~55% premium over Spot.</p><p>&quot;Description: Large silver ingot fineness 2380/2400, from the Atocha (1622). Approx. 75 lb.&quot;</p><p><br /></p><p>Who here has ever purchased a Silver ingot over 1 kg for a +50% premium?[/QUOTE]</p><p><br /></p>

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