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<p>[QUOTE=&quot;dannic113, post: 1378310, member: 35203&quot;]Boy I hope you don&#039;t have silverware or plates made by Paul Revere because silver items from famous makers, and time periods can be 100 times melt. That&#039;s the key understanding what you have and how much is already out there that dictates value over and above melt. To answer your question Bullion by strict definition must be bar(ingot), or round capible of being processed into something else. This is why the U.S. for the ASE and AGE program must use &quot;virgin&quot; gold and silver not recycled or melted down metals. So technically gold or silver bullion should be 1.000 or at least .999 Fine and .9999 Fine for gold to keep the metal from being too soft. Sterling is only 92.5% silver hense why it&#039;s called sterling. Anything be it coin or silverware is what is called coin silver meaning it&#039;s only 90%, I don&#039;t know of any silver that is hallmarked with anything less than 75% silver that&#039;s the bare minimum.&nbsp; European sterling silver is tricky common &quot;new&quot; stuff is 92.5% low grade stuff is 80% (also known as canadian silver) &quot;older&quot; low grade european sterling 83.5% and high grade is actually 95%.[/QUOTE]</p><p><br /></p>

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