it was bought in 1982 for $173, and now i'm wondering how i find out what its worth, and will it ever become worth more? is it worth holding on to? where do i start in finding out more about what its worth and what i should do with it?
2006-10-29 07:31:25 · 5 answers · asked by realwoman422 2 in Business & Finance ➔ Other - Business & Finance
Silver is usually sold by the ounce and there are 28.3 grams per ounce so do the math. The current price is around $12 per ounce. So it is worth $42.40 today.
Some one was really ripped off in 1982 at that price. Silver was about $4 (sometimes below $1) an ounce then. It should have cost about $11.
Are you sure it is in grams and not ounces? 100 ounces is 8 &1/4 pounds. At that weight $173 would make sense.
2006-10-29 07:42:31 · answer #1 · answered by my_iq_135 5 · 0⤊ 0⤋
do the math....figure out how much its worth by multiplying the weight by the cost of silver at this time.........usually in ounces. The current price is $12.00 an ounce. By current silver prices I calculate the silver value of it is only about $44.50
2006-10-29 15:38:37 · answer #2 · answered by Scotty 6 · 0⤊ 0⤋
Well the market for silver hasn't really gone up too much, and there's not really a high demand for silver. I'd sell it.
2006-10-29 15:33:01 · answer #3 · answered by Izzy 5 · 0⤊ 1⤋
ebay google and often banks as for increase that is a risk you take
2006-10-29 15:33:06 · answer #4 · answered by kd 2 · 0⤊ 1⤋
it depends on the place from it was stracted, the weigh i should reccomend to go to a valuation place.
2006-10-29 15:40:59 · answer #5 · answered by anne marie 2 · 0⤊ 1⤋