Silver bullion. London is the recognized silver bullion market of the world. The London price is
given (quoted) in pence (instead of shillings and pence) per ounce for silver in bars or ingots of
the British government standard, which is .925 fine (925-1,000 pure silver and 75-1,000 alloy). In
the United States the price is given (quoted) in cents per ounce for fine (pure) silver.   In New York
quotations a double price is given, as for example, 64(^65 cents. The first price, 64 cents, is the
bid price or the price which is offered by a bullion dealer for bars. The second price, 65 cents, is
the asked price or the price which the bullion dealer asks for bars.