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<p>[QUOTE="Kentucky, post: 1617348, member: 33176"]I think the spot price quoted (on many sources) is the price for 1.000 silver. Thus 0.999 should be adjusted. If the price for silver is $40.00/ounce, 1 ounce of 90% silver coins would be 0.9 X $40 = $ 36 and there might be some premium. BTW, an ounce of precious metals is weighed on the Troy scale, while an ounce of cheese is weighed on the Avoidoipous (Please excuse attrocious spelling) scale. They are different.[/QUOTE]</p><p><br /></p>
[QUOTE="Kentucky, post: 1617348, member: 33176"]I think the spot price quoted (on many sources) is the price for 1.000 silver. Thus 0.999 should be adjusted. If the price for silver is $40.00/ounce, 1 ounce of 90% silver coins would be 0.9 X $40 = $ 36 and there might be some premium. BTW, an ounce of precious metals is weighed on the Troy scale, while an ounce of cheese is weighed on the Avoidoipous (Please excuse attrocious spelling) scale. They are different.[/QUOTE]
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