Unique! Hallmarked Sterling silver pendant bar. Bar dimensions (base excl loop): 40mm x 18mm x 4mm. Actual weight approx 30.6g.
Starting price is the Rand Refinery price of bulk sterling silver. Photo's are of the actual item on auction.
Hallmarks are the authenticating marks struck on all modern and most old English silver items (not coin).They are official marks, applied only after testing that the standard or quality has been met. It is claimed to be the the oldest form of consumer protection.
The rose- authenticated in the sheffield assay office
The lion - English sterling silver (.925 fine/92.5% pure)
The "C" - hallmarked in 1977
The duty mark - Queen Elizabeth II
Silver in this form has an advantage in that it is easily identifiable as silver via the hallmark.
It is now perfectly legal to own silver in this form in South Africa as as silver has been deregulated to conform with international practices. Silver is no longer designated a precious metal under South African law, and is therefore not subject to the restrictions that apply to metals such as gold, platinum and palladium. Silver is still however considered a precious metal as it is rare, and in demand as an investment or inflation hedge. Silver can also be considered a monetary asset, a store of value (a hedge against inflation), a fungible commodity and displays counter-cyclical behavior (zero correlation to the stock market and negative correlation to many financial instruments including the US dollar). In addition to it's investment attributes, it also has many industrial usages.
Please check "Shipping & Payment" tab for shipping options.
Items can be combined from different auctions at highest cost to save on postage. If you would like to take advantage of this, just keep bidding.
Insurance, if selected, will be charged on additional items.
Payment is expected within 3 days after all your bids on our items have closed. If full payment is not made within 5 working days AND there has been no reasonable explanation given, a negative rating may be given.
Once payment has completed, your order is locked and you cannot combine additional items.
Parcels will be dispatched within 3 working days AFTER payment has been received.
Collections can be arranged in Port Elizabeth, waiving the postage.
Please visit our other listings:
http://www.bidorbuy.co.za/seller/1994136/fine999
FAQ
How can I test silver myself?
There are a number of tests you can do depending on the form and what's at hand:
Pass a magnet over the silver. It should not be attracted to the magnet.
File a small V in your silver. It should be shiny inside too, else it could be plated.
Flatten a small piece with a hammer. Silver is quite soft and malleable.
Use an Ohm-meter. Silver is highly conductive.
Silver melts at a lower temperature than Cupronickel.
Pure silver is very shiny (unless tarnished).
A silver test solution can differentiate between silver, gold and copper alloys. Contact us to put this on auction.
- Feel and intuition. If you handle silver a lot, you will intuitively learn it's density, the sound it makes when dropped, and it's heat conductivity. Walk around with a silver coin in your pocket for a month.
Can you supply bars in gold, silver or palladium?
Absolutely. If you're interested, please contact us to put some up for auction. Precious metal bars are now also legal to own in South Africa. For many years this was not the case.
