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Troy Ounce Silver Price

Question: “I have recently inherited a silver coin collection and the coins have “one troy ounce, .999 fine silver” written on the back of them. What does troy ounce mean, and how much can I expect to get from each of them?” – From Hayden in Portland, Oregon

Hi Hayden,

Thank you for sending us pictures of your troy ounce silver coins. Silver is unique in that, because it is a universal precious metal, there is a standardized measuring method that is used for determining its worth. The American version of ounces does not equate to a troy ounce, which …
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