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<p>[QUOTE=&quot;-jeffB, post: 5265184, member: 27832&quot;]Ah, OK, I was confused by what you wrote -- you said &quot;69% of spot silver&quot;, which I interpreted as 31% below melt. I see now that you actually meant &quot;69% of the spot silver <i>price per ounce</i> for each <i>dollar face value</i>&quot;, and as you say, a dollar face value is only .723 troy ounces of silver.</p><p><br /></p><p>5% below melt is a <i>really</i> good price. I&#039;d consider selling some material right now if I could get that price conveniently and locally.[/QUOTE]</p><p><br /></p>

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