07-08-2004, 06:20 PM
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#11
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Cooling Savant
Join Date: Jan 2004
Location: london, england
Posts: 416
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Quote:
Originally Posted by Cathar
Hmmm, the size of the block is somewhat awkward to work with.
In terms of it raw value, it's worth around about the US$430 mark on the metals market at today's market rate. Silver's raw market price is around US$6/ounce. You have pretty much bang on 2kg of silver there. 2000/28 * 6 ~= $430US. However, very few people can ever buy silver at the raw "market price". Typically it'll cost around 1.5x that much to source silver at the consumer level (including for small businesses).
The problem is its thickness. Would like to cut it down into 5mm thick pieces of 2" x 3" in size, which would be ideal for a Cascade SS. You could get 10 pieces out of it, but you can't cut metal without sacrificing around 1-2mm of it in the cut, and since you're trying to take a cut across the widest area, you'd lose a lot with each cut. It'd almost be cheaper (in terms of trading off against the lost material due to cutting) to get it melted down into appropriately sized ingots, and I would possibly suggest that as a valid course of action.
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isn't it priced in Troy ounces? (31.1035grams)
http://www.platinum.matthey.com/info/1053436512.html
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