Question about silver bullion maker
CaptHenway
Posts: 32,241 ✭✭✭✭✭
What is the name of the private minter that uses an overlapping CC monogram on their bars, please?
Thanks,
TD
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
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1981 US Assay Office bars?
Continental Coin Company made these bars with the CC on the bar.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Had to find the page, Continental Coin.
link
Continental Coin? This one has the Foster mint eagle too, so I’m a little confused myself.
I was thinking these.
*Continental Coin (a private mint) purchased a large quantity of this silver and minted 1oz rounds and 10 and 100oz bars from it. They made sure that everyone knew it was made from silver that had been stored at the San Francisco Assay Office, to the point that some people buy these bullion products thinking they were minted by the U.S. Assay Office.
Interesting information, thank you all for sharing !!!
Me too. Did Continental Coin add their logo to a Foster Mint produced bar after the fact, or did they produce bars for them, or ?
Thank you all
Unless I'm way mistaken, the San Francisco US Assay office actually did sell some bars with their stamp on it (and then later, some bags with silver granules), prior to 1981- around 1962-1963-1964 I believe. That's where the idea from these particular private bars came from.
I knew it would happen.
In the late 1960s, the Defense Logistics Agency had over 165 million ounces of silver in its stockpile. The government dumped a large amount of this silver on the open market in 1980 and 1981 to drive down silver prices after the Hunt brothers tried to corner the market.
I like that ten ounce bar.... simple design... good size.... Cheers, RickO
Anyone else see those 2
100 ounce 1981 US Assay Office bars on the bay with San Francisco or New York.
First I've seen them.