Did I get a good deal? I think the math is correct.

MadMarty

E-Bay Auction

OK, let's assume it's 22 OZ Sterling (I have seen them listed as 21.5 to 22.5), so 22 times .925 = 20.35 OZ @ $29 per OZ = $590.15 worth of silver. I think I'm correct so far.

Paid $525 plus got $52.50 back in E-Bay bucks. So I paid $472.50 or $23.62 per ounce.

Correct???

PerryHall

Sounds like you did well on this transaction. Not sure what the refineries are paying for sterling these days but you should make a profit.

Frankcas

Seems like a great deal if the math is correct. You could save another 5% with Mrrebates.

How did you get 10% in ebay bucks, I'm only seeing 2% right now?

fivecents

Funny how much they resemble the statehood quarters. And they were made 41 years ago.

OPA

Theoretically you did good. Keep in mind however, that Sterling Silver is the "arm pit" of all PM's & normally sells below melt.

braddick

It'll be fun to watch this auction, for the same item, close:

Franklin Mint Sterling

PerryHall

<< <i>Theoretically you did good. Keep in mind however, that Sterling Silver is the "arm pit" of all PM's & normally sells below melt. >>



I thought war nickels and 40% Kennedy halves were the arm pits of all PM's.

OPA

<< <i>

<< <i>Theoretically you did good. Keep in mind however, that Sterling Silver is the "arm pit" of all PM's & normally sells below melt. >>



I thought war nickels and 40% Kennedy halves were the arm pits of all PM's. >>



We are talking Rounds or Bars...not coins. For coins, you're right on the money.