PDA

View Full Version : How much more is .9999 Silver (or Gold) worth, compared to .999 ?



gunDriller
21st December 2013, 11:11 AM
Subtitle -

"Which products on Provident's Bullion Blowout are a good deal ?"

The one that caught my eye was -
http://www.providentmetals.com/2013-1-oz-canadian-silver-maple-leaf-coin-brilliant-uncirculated.html

BU Maples for $21.55 each.

But some dealers - don't pay extra for Maples vs. Generic rounds.


However, from listening to the guys at
http://goldrefiningforum.com/phpBB3/index.php

I gather that, to get .9999, some refiners use the Wohlwill (electrolytic) process.

(Some of the guys at 'goldrefiningforum' do an electrolytic process that involves concentrated Sulfuric acid as the electrolyte. Heavy Duty !)


Anyway, it takes more Energy to get that extra '9', I'm pretty sure.

Personally, I like the .9999 Silver Maples, I think they're beautiful.

BUT - the market doesn't seem to reward the extra purity. (Or maybe I'm wrong and even generic Silver rounds are .9999 ?)


Long story short - are the Silver Maples worth $1 more over Generic, when you sell them ?

madfranks
21st December 2013, 12:01 PM
Personally, I wouldn't care if my bullion was 999 fire or 9999 fine. To me it's all the same. I wouldn't pay the premium for the extra 9.

Horn
21st December 2013, 12:03 PM
Long story short - are the Silver Maples worth $1 more over Generic, when you sell them ?

Typically they and Eagles will demand a higher spot.

I believe it is not so much based on purity, but as a royalty fee for having the Queen's bust placed on them.

StreetsOfGold
21st December 2013, 12:14 PM
The REAL value of refining is done to .9999999 (7 times)

Psalms 12:6 The words of the LORD are pure words: as silver tried in a furnace of earth, purified seven times.
Psalms 12:7 Thou shalt keep them, O LORD, thou shalt preserve them from this generation for ever.