Thanks. Now I know it’s worksgoldsilverpro said:There are 14.583 troy oz in a standard US pound (avoirdupois). At this moment, the silver spot is $16.84 (see Kitco prices at bottom of the page). Therefore, the intrinsic value of 1 pound of silver is 14.583 X 16.84 = $245.57. However, you'll never get that much for it. The selling price will depend on appearance, purity, and the negotiation with the potential buyer.
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