Kaitlin Terry
Feb 13, 2025
What does it mean when a coin says it's .999 fine silver enriched?
What does it mean when a coin is described as ".999 fine silver enriched"? Could you explain the significance of this designation and what it implies about the coin's composition? Thank you in advance for your assistance.
1 Answers
Feb 13, 2025
The term ".999 Fine Silver Enriched" indicates that the silver is not pure, but has a high silver content. The purity rate for silver bars and rounds is generally the same, but they come in three typical forms other than jewelry or flatware.
Bars and rounds at .999 fine represent a higher grade of purity compared to collectible silver coins, which are typically 90% fine or .900, or sterling silver, which is 92.5% fine or .925.
Recently, a record-breaking 48 tons of silver bullion have been recovered from the SS Gairsoppa, a World War II shipwreck located three miles beneath the ocean's surface. Odyssey Marine Exploration, a leader in deep-ocean shipwreck exploration, reported that their initial retrieval effort yielded 1,203 silver bars, which constitute approximately 20 percent of the total silver cargo estimated to be on board.
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