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Could use some help with silver bullion math.

Started by ldhair,

4 posts in this topic

ldhair

ldhair

Posted
Posted

Wondering how to figure the actual silver content of these medals. This is what I know about them and a few images.

50mm X 5mm, 2.4 oz. each, marked 24 KT.gold electroplate on sterling. I would guess the gold is of little value and I'm lost on what sterling actually is.

scan0001.jpg

scan0005.jpg

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thebeav

thebeav

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Hi Larry,

Sterling silver is .925 fine. That is, 92.5 % pure......So, silver spot price times .925 times 2.4 ozs equals MELT value of the medal. Disregarding the gold plating of course.

 

Paul

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WoodenJefferson

WoodenJefferson

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The gold plate is "microns" in thickness, but the mfg. is allowed to put the plating karat amount that what was used. Makes it sound like a lot of "gold" but 1 oz. of gold will electroplate about 500 of these tokens.

 

Still a pretty heffty chunk of silver...looks like a religous "Immaculant Inception" medal.

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ldhair

ldhair

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Thanks Paul. Thats too easy.

 

Part of a set of 100 Greatest Masterpieces.

I only have 20 of the set. Some are really cool looking.

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