Post
Topic
Board Collectibles
Re: Selling 800 sterling silver dish
by
buckrogers
on 15/04/2017, 17:38:45 UTC
Hi,

I sow the most of you are speculative buyer. I admit that the best investments are gold or silver bars, coins, diamonds or even stocks.
However I would like to show you something different:
https://bitify.com/auctions/silver/silver-platter-marked-sterling-800-monogrammed-636736/

Let me know what you thing about. Cool

.800  (80% silver or 800/1000)

Silver spot price is : ~ $18.61 per oz currently 

.800 silver or 80% silver is ~ $14.888 per oz

Your item:

Composition: massive 800 Sterling Silver
Weight: ca. 644 grams / 21.77 oz
Size: ca. 35 cm / 13,78 inch

So assuming this plate is really a solid piece of .800 or 80% silver,

The spot price of it would be:

21.77 oz  x $14.888 per oz  = $324.11176 (give or take)

Is my math correct?

Thanks!