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Sterling silver is an alloy composed by weight of 92.5% silver and 7.5% other metals, usually copper. The sterling silver standard has a minimum millesimal fineness ...
The Scandinavian silver alloy contains 83% pure silver and 17% copper or other metals. [10] German silver will be marked with a millesimal fineness of 800 or 835 (80% or 83.5% pure silver). Any items simply marked "German silver", "nickel silver" or "Alpaca" have no silver content at all, but are mere alloys of other base metals. [citation needed]
In 1792, the gold/silver price ratio was fixed by law in the United States at 15:1, [11] which meant that one troy ounce of gold was worth 15 troy ounces of silver; a ratio of 15.5:1 was enacted in France in 1803. [12] The average gold/silver price ratio during the 20th century, however, was 47:1. [13]
"The words "silver" and "sterling silver" describe a product that contains 92.5% pure silver. Silver products sometimes may be marked 925, which means that 925 parts per thousand are pure silver. Some jewellery described as "silver plate" has a layer of silver applied to a base metal. "Coin silver" is used for compounds that contain 90% pure ...
Silver prices since 2000 until April 2015. Price quotes given in USD per ounce. Date: 21 April 2015: Source: based on www.kitco.com; using price quotes for silver .
Coin silver, which was used for making silver coins in the past, contains 90% silver and 10% copper, by mass. Sterling silver contains 92.5% silver and 7.5% of other metals, usually copper, by mass. Various ways of expressing fineness have been used and two remain in common use: millesimal fineness expressed in units of parts per 1,000 [ 1 ...
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