Question on bullion amounts

OKay so I have decided to keep track of exactly how much silver I have (not much now but I just want to keep tabs on it).

My question is; are the amounts of silver per coin listed in the Redbook listed as normal ounces, or troy ounces?
Also is an ASE 1 troy ounce? Or is it actually .91145833 ozt? (1 regular ounce)

I'm guessing that Redbook lists normal ounces since they use the oz. abbreviation, but I just want to be sure because I know values are calculated using troy ounces.

Thanks

 

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ASE's and almost any bullion coin is in troy ounces. Not sure about redbook though.

 

Go to coinflation.com and use the coin melt calculator, it will tell you the current value and exactly how many oz of silver each type of coin has. Here is teh link http://www.coinflation.com/coins/silver_coin_calculator.html

 

So the ASE is 1 Troy ounce? Which is actually more than 1 regular ounce? I was confused because I know in terms of bullion it is listed in troy ounces, but Redbook lists ASE's at 1 oz. pure silver, which is .911...etc. troy ounces.

Edit: looking at the link Coinut gave it looks like Redbook uses troy ounces.

 

Oh wow. Couldn't get any easier. Haha. Thanks for the link. Here I am with a calculator pretending I like math.

 

To avoid confusion, the best way to assess the "amount" of silver you have and its value, use the Actual Silver Weight (ASW) system.

Take the weight of your silver coin, say a silver quarter, 6.25 grams. Divide it by the number of grams in 1 troy ounce (31.1), and then multiply that number by the fineness of the silver in the coin. So:

6.25 / 31.1 x 0.9 = 0.1809 ASW << that reflects the actual number of grams of silver you have. You can then multiply your ASW amount (0.1809 here) by the spot price per ounce to get the silver value in $.