The Red Book says on Page 341 under $1 SILVER EAGLES: "Composition .
9993 silver, .0007 copper (net weight 1 oz. pure silver); weight
31.101 grams'.
That last bit about weight is what tells you that you are dealing with
troy weights:
See this link:
http://www.goldcalculator.com/index_files/page0033.htm
oly
I meant to specifically say the 2011 Red Book, the large print edition!
FYI: The less prestigeous non professional, ordinary print, 2006
edition of the Red Book says the same on p.326.
The 2010 blue book seems to omit that detail.
>FYI: The less prestigeous non professional, ordinary print, 2006 edition of
>the Red Book says the same on p.326.
>The 2010 blue book seems to omit that detail.
2010 Krause:
KM# 273 0.9993 SILVER 0.9993 oz. ASW. 40.6mm. 31.1050 g.
Nick
You know, I have the most recent (I believe it is the inagural) Red
Book professional edition!!!
I bought a copy because I feel it won't be successful and that it
might become rather collectible.
oly
read "inaugural"...
LOL
I have to increase the font size on my browser to 16 just to read all
the scintillating discussions here.
JAM
>
> - Show quoted text -
You can read??? You just seem to grunt - short imprecise incoherent
disjointed grunts.
Of course, they say the same thing about me!!!
oly
Silver and gold are always in troy ounces, and "fine" silver is .999
or better.
Precious metals are generally weighed by the troy ounce which is approx. 31.1
grams
Avoirdupois ounce is approx. 28.35 grams, so a troy ounce is about 10% heavier.
There are 12 ounces in a troy pound or slightly over 373 grams, whereas a
avoirdupois pound is 16 ounces or about 454 grams.
So a troy ounce weighs more than an avoirdupois ounce but an avoirdupois pound
weighs more than a troy pound!