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How many mills in 1 troy oz?

Updated: 11/4/2022
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Peterpan2008

Lvl 1
12y ago

Best Answer
  • The keyword 'mills' is in the title the vast majority of the time. This term is not applicable to bullion. Bullion by its definition is solid.
  • Mills is a measurement of the thickness of the silver/gold plate. It is true that the silver plate is 99.999% silver which is why these sellers are able to get away with their fraud. How ever they neglect to tell you that the silver plate represents 00.009% of the weight of the bar.
  • They are minted by CMC Mint. This is usually on the reverse of the bar. Some times you see this sometimes not. The majority of the ones I have come across have been minted by CMC Mint. If you want you can buy these directly from the mint for $5 bucks a piece. Just do a quick Google search
  • If you are still not 100% sure your bar is authentic, you can lightly sand a corner of the bar. The silver coat will quickly sand off and you will see copper under its silver/gold face.
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12y ago
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Q: How many mills in 1 troy oz?
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