confused

2ltdjorn

what is the value of a franklin mint 1000 grain bar? just melt value? it was purchased for 60 dollars today? Does it have the same content of silver as a ASE?

nibanny

I think the Franklin Mint produces bars in Sterling Silver, .925.

1000 grains are approx 2 toz.

Weiss

In my experience, which may not be yours, it wouldn't even be melt. Sterling and/or Franklin Mint products tend to be bought at a discount. They're popular with a very small market, and are unpopular with just about everyone else.

A quick google shows that they contain about 2.08 troy ounces of pure silver. With silver currently at $28.74, that works out to be $59.78.

tincup

1000 grains is equal to 2.08 troy ounces.... but of sterling silver. If you use .925 as the purity of sterling, the 1000 grain bar contains 1.927 ASW in troy ounces. Multiply by 28.74/ounce spot, that comes to $55.38 melt value. So $60 is not that good of a deal; as mentioned, they usually sell at a discount.

jdimmick

Most places pay a good bit back of melt for sterling

Coulport

Folks, Franklin Mint made 1000 grain bars in 999 fine silver. Some came in nice felt boxes.

PTVETTER

The Franklin mint marks thier product so It will be stamped Streling or .999 silver.

OPA

<< <i>Folks, Franklin Mint made 1000 grain bars in 999 fine silver. Some came in nice felt boxes. >>



I have never run across one of their 1000 grain bars that wasn't made of Sterling and btw they all came in a velvet box. How about a picture of the one that is .999?