I could be not reading this correctly so please correct me, and I know you will. Kirk, as I read it you began this thread by offering 12 oz of silver for 12 oz of silver back (in the form of a $200 strike). George then offered 13 oz of silver for 12 oz of silver back (in the form of a $200 strike). Then you mention the weight of silver in a $40 strike. If the deal is "silver" for "silver" George has a better offer. If you are offering a standard book value trade of $7 up to $40 strikes for a $200 in return. That is good as well especially if you trade some strikes that are a little better. Not good if "silver" for "silver" but as collector value sure.