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Are these 12 or 16 ounces?

AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
in Precious Metals

I know pound isn’t the same as Troy pound. Would appreciate some guidance!

All coins kept in bank vaults.
PCGS Registries
Box of 20
SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!

Comments

  • TomBTomB Posts: 21,231 ✭✭✭✭✭

    It seems the easiest thing to do would be to weigh them on a scale. Absent that, I would expect them to say "One Troy Pound" if only 12-Troy ounces. Of course, that is just a guess.

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  • OPAOPA Posts: 17,121 ✭✭✭✭✭

    My guess, since they appear to be US made, AVDP.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • MsMorrisineMsMorrisine Posts: 33,071 ✭✭✭✭✭

    yeah, it's just a guess. usually these "one pound!!!" coins are 16 avoirdupois ounces (14.5833 troy ounces)

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭

    Thanks! I will double check their weight on a scale as well.

    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • VanHalenVanHalen Posts: 3,991 ✭✭✭✭✭

    One of those is labeled 1 LB. PURE SILVER. That's an interesting way to hallmark a silver round. I've seen these as troy pounds and adv. pounds so you do have to weigh each one.

  • blitzdudeblitzdude Posts: 5,894 ✭✭✭✭✭

    @MsMorrisine said:
    yeah, it's just a guess. usually these "one pound!!!" coins are 16 avoirdupois ounces (14.5833 troy ounces)

    This is what I have seen. Some hope your brain is stuck on avoirdupois and not troy hence hoping you are willing to pay the price of 16 ounces of silver when you are actually only getting 14.58 (1.5oz premium). Of course if we are talking troy pounds now you are down to 12oz but those should clearly be marked Troy.

    The whole worlds off its rocker, buy Gold™.

  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭

    Scale measures them at 13.2 ounces!

    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • blitzdudeblitzdude Posts: 5,894 ✭✭✭✭✭

    @AnkurJ said:
    Scale measures them at 13.2 ounces!

    lol check your scale or stay away, if your scale is good then you got russian plated brass.

    The whole worlds off its rocker, buy Gold™.

  • AnkurJAnkurJ Posts: 11,370 ✭✭✭✭
    edited August 13, 2020 3:52PM

    There’s also an ozt function on the scale that measures these at 12. I bought these from a reputable dealer years ago so not concerned about them being real silver.

    All coins kept in bank vaults.
    PCGS Registries
    Box of 20
    SeaEagleCoins: 11/14/54-4/5/12. Miss you Larry!
  • blitzdudeblitzdude Posts: 5,894 ✭✭✭✭✭
    edited August 13, 2020 4:13PM

    @AnkurJ said:
    There’s also an ozt function on the scale that measures these at 12. I bought these from a reputable dealer years ago so not concerned about them being real silver.

    ok so 12ozt means they are 1 troy pound. Usually they are marked "one troy pound" instead of "one pound" a bit misleading IMO but so long as you purchased as 12oz rounds of silver instead of 16oz you are good.......And you have answered your initial question.

    The whole worlds off its rocker, buy Gold™.

  • isaiah58isaiah58 Posts: 385 ✭✭✭

    I owned one of those, you finally properly weighed them. Measure all PM initially as troy ounces to understand what you are looking at.

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