Inventories
12 Months Ended
Dec. 31, 2015
Inventories [Abstract]  
Inventories

3.  Inventories

 

Inventories consist of the following:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

2015

 

2014

Raw materials

 

$

775,427 

 

$

873,306 

Work-in-process

 

 

265,113 

 

 

370,220 

Finished goods

 

 

1,078,172 

 

 

1,270,715 

Total

 

$

2,118,712 

 

$

2,514,241 

 

The total cost of silver in our inventory as raw materials, in work-in-process or as a plated surface on finished goods had an estimated cost of $313,738 and $439,800 in 2015 and 2014, respectively.