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Information about 1pound silver round

anablepanablep Posts: 5,096 ✭✭✭✭✭
edited August 27, 2021 4:18PM in Precious Metals

Hi everyone.
I purchased this silver round back in 2019, just dug it out to take pictures. Does anyone have any facts about its origins, how many were produced, etc.? It's stamped on the edge with #3171 and the traditional Morgan is included for scale. Thank you.

Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


~Wayne

Comments

  • derrybderryb Posts: 36,779 ✭✭✭✭✭

    wonder what their definition of "fine silver" is.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • rte592rte592 Posts: 1,662 ✭✭✭✭✭

    @derryb said:
    wonder what their definition of "fine silver" is.

    If it's a silver piece it should say .999 on the rim.
    If you could find out who made it that might help on the mintage.

    Does it have a certificate of authenticity?

  • derrybderryb Posts: 36,779 ✭✭✭✭✭

    @rte592 said:

    If you could find out who made it that might help on the mintage.

    Looks like a hallmark to the right of the eagle. Might be a clue.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    edited August 28, 2021 5:21AM

    Leaning toward legit.

    Link 1

    Link 2

    Link 3 with papers

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
  • derrybderryb Posts: 36,779 ✭✭✭✭✭

    silver plated?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • jdimmickjdimmick Posts: 9,673 ✭✭✭✭✭

    You might want to have this one checked xrf. I have seen some that are silver over copper, some .925 or lower amount of silver, especially since it dos'nt state .999.. sigma may or may not work on this one also

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I have a one pound ASE...but that is pure silver, documented (and confirmed). Cheers, RickO

  • PerryHallPerryHall Posts: 46,107 ✭✭✭✭✭

    @derryb said:
    wonder what their definition of "fine silver" is.

    Usually "FINE SILVER" means pure silver but it wouldn't hurt to check it with a Sigma machine.

    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

  • taxmadtaxmad Posts: 978 ✭✭✭✭

    anything on the rim?

  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    edited August 28, 2021 6:42AM

    See the 'another one' link and the link with papers I posted. Federal Coin Fund, should be legit silver. They made pound ASEs as well as other designs.

    Telemarketing sales I'd assume.

    https://www.thesilverforum.com/topic/19143-999-silver-coins-and-rounds-19-250ea/

  • PerryHallPerryHall Posts: 46,107 ✭✭✭✭✭

    @taxmad said:
    anything on the rim?

    Also, check the edge.

    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

  • blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭

    @derryb said:
    wonder what their definition of "fine silver" is.

    German silber?

  • anablepanablep Posts: 5,096 ✭✭✭✭✭

    Hi, thanks for all the responses.

    When I purchased it, I had it massed and it came in at 373+ grams, which would correspond to 12 troy oz. of silver.

    The edge has a number stamped on it (#3171) but no indication of silver purity.

    There is no COA.

    Always looking for attractive rim toned Morgan and Peace dollars in PCGS or (older) ANA/ANACS holders!

    "Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."


    ~Wayne
  • PerryHallPerryHall Posts: 46,107 ✭✭✭✭✭

    I did a web search of the term "fine silver" and it's the same as "pure silver" or "999 fine silver".

    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

  • thefinnthefinn Posts: 2,656 ✭✭✭✭✭

    Fine Silver is .999. That’s the wording on the ASEs.

    thefinn
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