Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Silver by the pound!
>
Reply to Thread
Message:
<p>[QUOTE="tradernick, post: 341015, member: 648"]I can share my experience with the silver one pound pieces. It should be simpler than it is but the bottom line is that scammers will always confuse the details in order to profit. </p><p>When you see the silver one pound pieces always ALWAYS weigh them on a troy oz scale. Some of them weigh 12 troy ounces, some weigh 14.583 troy ounces and some weight 16 troy ounces...depending on which company made them. I've seen all 3 weights over and over again. Don't assume anything just because an item is marked one pound. Weigh it. We way every single one that comes into the shops, no exception. We weigh them again in front of the customer when we're selling them, just so there's no confusion.</p><p>Here's the real situation...there are 12 troy oz in a troy pound. There are 16 advp oz in an advp pound. There are 14.58 troy oz in an advp pound. Since you can't tell from LOOKING and HEFTING it in your hand, you must weigh these. Mail order and TV salespeople have created them in a variety of sizes/weights and they can all honestly say that they're product is a pound of silver...they want everyone to assume there's 16 troy ounces but that isn't always the case. </p><p>Hope this helps.</p><p>tradernick[/QUOTE]</p><p><br /></p>
[QUOTE="tradernick, post: 341015, member: 648"]I can share my experience with the silver one pound pieces. It should be simpler than it is but the bottom line is that scammers will always confuse the details in order to profit. When you see the silver one pound pieces always ALWAYS weigh them on a troy oz scale. Some of them weigh 12 troy ounces, some weigh 14.583 troy ounces and some weight 16 troy ounces...depending on which company made them. I've seen all 3 weights over and over again. Don't assume anything just because an item is marked one pound. Weigh it. We way every single one that comes into the shops, no exception. We weigh them again in front of the customer when we're selling them, just so there's no confusion. Here's the real situation...there are 12 troy oz in a troy pound. There are 16 advp oz in an advp pound. There are 14.58 troy oz in an advp pound. Since you can't tell from LOOKING and HEFTING it in your hand, you must weigh these. Mail order and TV salespeople have created them in a variety of sizes/weights and they can all honestly say that they're product is a pound of silver...they want everyone to assume there's 16 troy ounces but that isn't always the case. Hope this helps. tradernick[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Silver by the pound!
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...