Any silver used for investment or trading on metals and commodities exchanges must be 99, 9 percent pure, or. The investment grade sterling silver is stamped with a seal that certifies its purity. Sterling silver used in jewelry, for example, has a purity of 92.5 percent. To answer the question what is sterling silver? we just have to look at its purity.
Sterling silver is simply pure silver. It is 99.9%, or. It is ideal for investment and trading purposes. To be considered investment grade silver, it must be fine silver.
Many refer to it as the rule of the three-nines fine. When you see.” It is softer and more malleable than sterling silver. It is used in ingot ingots, and is also known as three fine nines. You should remember that a fake silver item may look like real silver and even have the right brand.
A silver-plated article has a thin layer of silver deposited on a base metal having a lower value than silver. This is why sterling silver is a better choice for most silver creations, such as jewelry, cutlery, mugs, etc. Therefore, you should be careful when buying sterling silver and you should know how to correctly identify fake silver. While all silver eventually tarnishes, sterling silver tarnishes faster because it usually contains 7.5% copper.
It is considered investment grade and many investors only buy fine silver bars and coins. Just remember to be careful with counterfeits and use a silver calculator to find the exact price of silver bars. But if you want to store your pieces in a jewelry box or something similar, your sterling silver always wears out faster and harder than sterling silver. Silver bars have a minting technique that is very similar to that of making rounds and coins.
If you've ever owned a new one-ounce American silver Eagle coin, you'll know what we're talking about.
