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2 Troy oz .999 Silver Round Coin in Airtight Plastic $
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2 Troy oz .999 Silver Round Coin in Airtight Plastic $
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You are bidding on a 2 Troy oz .999 Silver Round. This Round is sealed in an airtight plastic container. This is a highly collectible 2 troy oz Round and it would make a great gift for a friend or family member that would not mine hedging against Inflation. No Reserve! Price Main articles: Silver as an investment and Silver standard At an April 2011 price of about $39 USD per troy ounce, silver is about 1/40th the price of gold. The ratio has varied from 1/15 to 1/100 in the past 100 years. In 1980, the silver price rose to a peak for modern times of US$49.45 per troy ounce (TO) due to market manipulation of Nelson Bunker Hunt and Herbert Hunt . Some time after Silver Thursday , the price was back to $10/TO. By December 2001, the price had dropped to US$4.15/TO, and in May 2006, it had risen back as high as US$15.21/TO. In March 2008, silver reached US$21.34/TO. In early April 2011, silver reached a new 31-year-high of $39.50/TO. In earlier times, silver has commanded much higher prices. In the early 15th century, the price of silver is estimated to have surpassed $800 per ounce, based on 1998 dollars. The discovery of massive silver deposits in the New World during the succeeding centuries has caused the price to diminish greatly. The price of silver is important in Judaic law . The lowest fiscal amount a Jewish court, or Beth Din , can convene to adjudicate a case over is a shova pruta (value of a Babylonian pruta coin). This is fixed at 1/8 of a gram of pure, unrefined silver, at market price. Human exposure and consumption Silver plays no known natural biological role in humans, and possible health effects of silver are a disputed subject. Silver itself is not toxic, but most silver salts are, and some may be carcinogenic .[ dubious – discuss ] Silver and compounds containing it (such as colloidal silver ) can be absorbed into the circulatory system and become deposited in various body tissues, leading to argyria , which results in a blue-grayish pigmentation of the skin, eyes, and mucous membranes . Although this condition does not otherwise harm a person's health, it is disfiguring and usually permanent. Argyria is rare, and mild forms are sometimes mistaken for cyanosis
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