The 999 fine silver coins are much more expensive than less pure options such as the old 90% silver coins. Of course the fine silver coins look better but they still sell at a high premium above their scrap silver price. For bullion purposes fine silver bars sell at a much lower premium than coins. Markings will be found on every fine silver item.
What is 999 FINE SILVER?
999 fine silver is essentially pure silver- no alloys have been added. There is a tiny amount of impurities that prevent it from being 100% pure silver. It's considered to be investment grade and many investors only buy fine silver bullion bars and coins.
How do I calculate the melt value of 999 FINE SILVER?
It's really easy to calculate the melt value of 999 fine silver. Essentially you just need to know the number of ounces you have and then multiply it by the spot price of silver. We make it even easier for you with our silver bullion calculator.
