A regular discussion I have with some people who are intrigued by silver revolves around value. “What’s it worth?” and “How much!?” are two of the most common questions asked.
Of course, there is the ‘bullion’ or ‘scrapper’ method by which some ascribe to, which sadly leaves me feeling very cold and disheartened. It’s touted by those who believe in their ‘fool-proof’ solution to weigh a piece of silver and multiply the weight by the ‘latest’ silver scrap (or spot) price.
Silver is a precious metal and of course will always have an intrinsic value — the same goes for gold, platinum etc. They are commodities which are traded, and price fluctuates depending on market conditions. A reliable source of truth for live metal prices is The Perth Mint (perthmint.com.au).
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