The attempt to sell the valuable silver ingots on the black market failed. They were very well preserved and depict Constantine the Great. He reigned from 306 to 337 AD. Each of the three silver ingots weighs around 342 grams. They were used to mint coins. These coins were issued between 310 and 313 AD, in what is now Trier, formerly a Roman city. The man who wanted to sell the silver blocks claimed that his great-grandmother had found them in the garden in Transcarpathia. This is an area in western Ukraine. The value of the silver treasure is around 85,000 US dollars. Because they were found outside the Roman Empire, they are a valuable source of the past. Today, around 90 Roman silver ingots are known, but only eleven of them have mint marks. The find is now kept in a museum.
A troy ounce of silver currently costs around 29 US dollars. Silver is conquering more and more areas as an industrial material and is becoming increasingly important for modern technologies. One example is research in Korea, which is using a layer of silver-carbon instead of lithium as the anode material for batteries. The use of silver increases the capacity of the batteries and prevents the undesirable formation of dendrites (electrochemical deposits of metal on the electrodes of a battery) in the batteries. Silver could therefore ensure a particularly long battery life. Silver is not only a store of value and investment metal, but also the metal of the future. Silver companies should therefore be in a good position.
For example, Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ -, a successful silver producer with silver projects in Mexico, Nevada and Chile (production of around 2.2 million ounces of silver equivalent in the second quarter of 2024).
MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - is another silver producer. The company has a stake in the Juanicipio mine in Mexico. Since the mine was ramped up in February 2023, encouraging progress has been made in terms of output.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Endeavor Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
A troy ounce of silver currently costs around 29 US dollars. Silver is conquering more and more areas as an industrial material and is becoming increasingly important for modern technologies. One example is research in Korea, which is using a layer of silver-carbon instead of lithium as the anode material for batteries. The use of silver increases the capacity of the batteries and prevents the undesirable formation of dendrites (electrochemical deposits of metal on the electrodes of a battery) in the batteries. Silver could therefore ensure a particularly long battery life. Silver is not only a store of value and investment metal, but also the metal of the future. Silver companies should therefore be in a good position.
For example, Endeavour Silver - https://www.commodity-tv.com/ondemand/companies/profil/endeavour-silver-corp/ -, a successful silver producer with silver projects in Mexico, Nevada and Chile (production of around 2.2 million ounces of silver equivalent in the second quarter of 2024).
MAG Silver - https://www.commodity-tv.com/ondemand/companies/profil/mag-silver-corp/ - is another silver producer. The company has a stake in the Juanicipio mine in Mexico. Since the mine was ramped up in February 2023, encouraging progress has been made in terms of output.
Current company information and press releases from MAG Silver (- https://www.resource-capital.ch/en/companies/mag-silver-corp/ -) and Endeavor Silver (- https://www.resource-capital.ch/en/companies/endeavour-silver-corp/ -).
In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
