The Italians are now in possession of eight kilos of silver
The cup is called Coupe Henri Delaunay and is named after the former president of the French Football Federation. So now the cup has been presented at London's Wembley Stadium. Even though the sentimental value is probably the more important, the cup is now made of sterling silver, which was not always the case. It weighs about eight kilograms and is 60 centimeters high. Assuming a silver price of 27 US dollars per fine ounce of silver (0.925), the value is 5,400 euros. That would have been much less about a year ago, when the price of silver fell to 11.60 U.S. dollars per ounce. But the silver price has recovered very well, is today about 45 percent higher than at the beginning of the year.
The European Football Championship was held for the first time in 1960, with the then Soviet Union as the winner. The cup at that time had only a thin layer of silver, weighed about ten kilograms and was 42.5 centimeters high. The new full silver cup was made by the famous London noble smithy Asprey. Those who also like to flirt with the cup may be able to purchase a smaller replica cup. Only the national team that wins the championship either three times in a row or five times in total can get a cup modeled after the original. Otherwise, the cup remains the property of UEFA. By the way, there are two countries that already have three victories to their credit, namely Spain and Germany.
Getting the trophy is certainly a great thing, but silver fans can also buy shares in silver companies and thus participate in a strong silver price. Well-positioned silver companies include Endeavour Silver and MAG Silver, for example.
Endeavour Silver - https://www.youtube.com/watch?v=tYrmDYzHo5I - is a mid-tier precious metals company with three silver-gold mines in Mexico and other exploration and development projects. It paid its first dividend in February 2021.
MAG Silver is focused on North and South America and is working on the Juanicipio silver project, along with Fresnillo in Mexico. Production of development material began in late 2020. Further exploration efforts are ongoing.
Latest corporate information and press releases Endeavour Silver ( https://www.resource-capital.ch/en/companies/endeavour-silver-corp/) and MAG Silver ( https://www.resource-capital.ch/en/companies/mag-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