>>I have a perfect set with walnut display and all papers of the 1971
>>Franklin MInt Ship Ingots. Perfect as were shipped.
>>Ingots are 1000 grains each and there are 50 of them.
>>Cost is $555 plus shipping.
>>Please e-mail if interested.
>Mike, You seem to be having trouble with your math. As you may know,
>480 grains to a troy oz. Since you have 50,000 grains total; divided by
>480, I come
>up with only 104.2 ozs X spot of $4.25 = roughly $443 bullion value.
>Further, it is my recollection that most of what FM sold was only sterling
>silver, not pure silver.
>If that's true your set is only 92.5% pure so we'd have to multiply that
>104.2 ozs times .925 and then have only 96.4 ozs silver bullion giving a
>melt value of around
>$409.70. As you are further aware, refining of the metal means that
>resale on that
>kind of bullion reduces its true resale another 10% or more, depending on
>the purchasers intentions giving a reasonable value of around $375 or so.
>I could be mistaken, but I believe you've been trying to sell this stuff
>on here for some time, so perhaps you weren't aware that silver had fallen
>about $1 per oz in the last couple of months & thus just used the wrong
>spot in calculating what you represent as bullion value. I don't blame
>you for trying, but please don't mis-state
>the bullion value of items for sale...its kinda gives the appearance that
>maybe you're trying to dupe someone...and with FOE's occasional postings
>on here, we're kinda
>uptight about that sorta thing.