Truemors
Several years ago I bought a silver bar more for fun than anything else. Recently I decided to sell it but the bar has tarnished badly (sterling silver is supposed to tarnish). So I had to buy some silver foam cream to polish it back to its former gloray before selling. I hardly made any money from the venture, as the rise in silver prices (in USD $) was offset by a significant fall in the USD-CAD exchange rate.
This is the before-polish photo.
At USD $14.50 per troy ounce (troy ounce = 31.10 grams vs. imperial ounce = 28.375 grams), the bar is worth about USD $725 currently (Jan 2008), so 50-oz of silver is still worth less money than a single oz. of gold, which is worth about USD $910.
Most RecentMost Recommended Comments (1)
at 16:57 on May 17th, 2009
The bar in the picture is not sterling silver. Sterling silver would be stamped 925, while the bar in the picture is stamped 999, fine silver.