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<p>[QUOTE=&quot;Shangas, post: 421907, member: 360&quot;]Russian silver was graded by a system called zolotnik. </p><p><br /></p><p>Zolotnik was an old Russian coin. When it was taken out of circulation, they recycled the name as a silver standard. </p><p><br /></p><p>So like in the Netherlands, Denmark, Germany, Austria, etc, they had the Loth system (16 loth was the highest, then was 14, 12, 11, 10, etc. I think 10 was the lowest). 14 loth was about 83% purity. </p><p><br /></p><p>The same thing happened in Russia. </p><p><br /></p><p>It&#039;d be like taking the dollar and saying &quot;this isn&#039;t money anymore, it&#039;s going to be how we grade silver-purity. $100 will be 95%, $50 will be 80%, $20 will be 70%&quot;, etc.[/QUOTE]</p><p><br /></p>

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