Symbol:  AG   Atomic Number:  47   Atomic Mass:  107.8682    Melting Point:  1764° F   Boiling Point:  4014° F

     The name SILVER was derived from the Anglo-Saxon word for Siolfur.

     In 2010 Silver production came from as a byproduct of:
                    23% Copper Mining
                    35% Zinc and Lead Mining
                    12% Gold Mining
                    30% pure Silver Mining

     The total history of all the SILVER mined is estimated to equal a 55 meter cube, which equals 166,375 cubic meters, which equals 56 Billion Troy Ounces and of that there are ONLY 500 Million Ounces left to be mined.  Of the 1,740,000+ metric tonnes of SILVER discovered to date, 55% is found in only 4 countries (Peru, Mexico, China and Australia).  ALL the Silver discovered thus far would fit into a cube 61 yards on each side.

          Measurements:

Convert AV oz to Troy oz X  by .91146
1 grain = .0648 grams
1 gram = 15.4324 grains
1 gram = .03215 troy oz = .643 dwt
1 troy oz = 20 pennyweight (dwt)
1 pennyweight (dwt) = .05 troy oz = 1.555 grams
1 Avoidupois (AV) oz = .91150 troy oz
1/2 AV lb = 8 AV oz = 7.29 troy oz
1 troy oz = 1.097142857 AV oz
1 troy oz = 480 grains (gr) or 31.1034768 grams (g)
1 AV oz = 437.50 grains (gr) or 28.3495 grams (g)
1 troy lb = 12 troy oz = 240 dwt = 373.2417216 g = 5,760 gr
1 AV lb = 16 Av oz = 256 dwt = 453.59237 g = 7,000 gr
1 cubic centimeter = 10.5 grams
1 cubic inch = 5.5326 troy oz
1 cubic foot = 9,549 troy oz
1 cubic meter = 10,500 kilograms = 10.5 metric tonnes
1 kilogram (KG) = 2.2 lbs. (AV) = 35.2 oz AV
1 metric ton (tonne) = 1,000 kilograms = 32,150.75 troy oz = 2,679.23 troy lbs = 35,273.96 AV oz = 2,204.6 AV lbs
1 imperial ton (long ton) = 1,016.5 kg = 32,666.67 troy oz = 2,722.2 troy lbs = 35,840 AV oz = 2,240 AV lbs
1 AV short Ton = 907.4 kg = 29,166.67 troy oz = 2,430.56 troy lbs = 32,000 AV oz = 2,000 AV lbs. 

     Currently the United States in 2009 (according to the Silver Institute) mined 36.7 million Troy ounces and these 14 states have operating mines that contain SILVER (Alaska, Arizona, California, Idaho, Missouri, Montana, Nevada, New Mexico, New York, Oregon, South Carolina, South Dakota, Utah and Wyoming.

     Is SILVER money?  Yes, it's divisible, durable, convenient, consistent, has utility value and cannot be created by FIAT.  It is Honest Commodity MONEY!  Fiat Paper Currency has ALWAYS returned to its INTRINSIC Value - ZERO!  Check your Dictionary, in mine the word "Fiat Money" (paper currency issued by a governments' decree) comes just above the word "FIB" (to tell a LIE).

     According to http://www.bestcoin.com/us-currency-facts.htm there are approximately 454 notes in an AV lb and 375 notes in a Troy lb.

     The original United States Coinage Act of 1792 established the monetary standard to be a "SILVER" Dollar consisting of 371.25 grains of pure Silver.  The exchange rate was to be 15 parts Silver (371.25 grains) to 1 part Gold (24.75 grains).  Nowhere did it or the Constitution allow for a "Fiat" paper dollar.  Paper money is an ILLUSION.  Politicians like to inflate the money supply, because it gives its citizens the illusion of prosperity and its declared monied value is much greater than the cost of producing the Fiat paper.  Today it cost the U.S. treasury about 4 cents to produce either a $1 bill or a $100 bill in fiat currency.  They can't do the same with Real Commodity Money being produced with Silver / Gold. 

     SILVER and GOLD are the "NEW" Old Money, having a GOLD / SILVER Standard takes the power to create Money and Credit out of the Politicians and Federal Reserve "Hands".  Throughout the history of mankind, there have been more than a Thousand colorful FIAT Currencies and they ALL share one common trait, NONE have ever survived.  You can bank on the U.S. Dollar not surviving either in its present format.

     Is SILVER RARE?

     According to the 2009 Silver Institute the World population was about 6.8 Billion people (in 2011 the population of the World past the 7 Billion people mark) and the total Silver supply was 889 million Troy ounces.  Divide the Silver ounces by the World's population and you will come up with .13 T oz of Silver produced for every person on the planet or a little less than 2 pre 1965 (90% Silver) U.S. Dimes.  World OIL production per capita in 2009 was 190 Gallons for every person on the planet.

     Between the years 1971 to 1980 (9 years) the price of Silver increased by 39.  In 1971 it traded at $1.27 per oz. thus, Multiply $1.27 by 39 = $49.53.  the top price in Jan 1980 was $49.45 per oz.  Therefore, inflation-adjusted Silver would need to be trading around $387.00 per oz. to have the same purchasing value as then.  Will it ever get to that price?  You will have to do your homework and decide for yourself a proper value for Silver in today's market place.  I think Hyperinflation will make both SILVER and GOLD the one constant in holding their values against any and all of mankind's paper currencies.  We will see.

     To equal 1+ Troy ounces in United States Silver Uncirculated or Proof Coinage you would need:

18 War Nickels 1942 -1945 (35%) Silver * .056265 each = 1.01277 T oz   Roll of 40 Unc / Proof = 2.251 T oz
07 Half Dollars 1965 - 1970 (40%) Silver * .147920 each = 1.03544 T oz   Roll of 20 Unc / Proof = 2.984 T oz
04 Ike Dollars 1971 - 1974 & 1976 (40%) Silver Unc / Proof * .31623 = 1.26492 T oz   Roll of 20 Unc / Proof = 6.3246 T oz
14 pre 1965 Dimes (90%) Silver * .072340 each = 1.01276 T oz   Roll of 50 Unc / Proof = 3.617 T oz
06 pre 1965 Quarters (90%) Silver * .180840 each = 1.08504 T oz   Roll of 40 Unc / Proof = 7.234 T oz
03 pre 1965 Half Dollars (90%) Silver * .361690 each = 1.08507 T oz   Roll of 20 Unc / Proof = 7.234 T oz
Both Morgan Dollars and Peace Dollars have .77344 T oz   Roll of 20 Unc.= 15.469 T oz

     Additional Info on SILVER:

http://en.wikipedia.org/wiki/Silver
http://biz.yahoo.com/ic/135.html
http://www.silverinstitute.org
www.silverrecyclers.com