Anyone know the mint that produced this silver round?
Exbrit
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Anyone know the mint that produced these silver rounds? Sorry for the poor images.
3
Exbrit
Posts: 1,304 ✭✭✭✭
Answers
That's unusual in that it isn't 999 fine silver.
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No clue, those up for sale are not indicating manufacturer. Is the weight correct?
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The weight is correct. Minted in the late 70s or probably in the early too mid-80s. Goes hand in hand with F. Tupper Saussy’s book a miracle on main street.
Where are all the old timers? This was associated with a pretty big movement at the time.
Not saying yours falls into this category but Franklin Mint produced some 90% silver and.925 also called sterling silver. Thanks
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Thanks, but it wasn’t Franklin Mint.
Could be any after market Mint. They state 1 oz. of silver. Normally if you state 1 troy oz. this medal or medallion must have 32.24246 gr. in 900 Si. Hard to find who produce.
NEVER ARGUE WITH AN IDIOT.
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No images, and I could not find any more details with a quick search, but this might be worth investigating.
https://www.ebay.com/itm/275594436686
NEVER ARGUE WITH AN IDIOT.
FIRST THEY WILL DRAG YOU DOWN TO THEIR LEVEL.
THEN, THEY WILL BEAT YOU WITH EXPERIENCE.
MARK TWAIN
I’ll look into it further - thanks
Probably a deliberate callback to coin silver.
I started work at Coin World in 1973. Does that qualify as an old timer?
Possibly made from melted down U.S. junk silver, which was still available in quantity at a small premium over face value. The one ounce .999 silver bar and round market had not yet developed to the point that it dominated the market. Harry Forman and the Madison Mint accomplished that throughout the 1970’s.
Note the comma in “ONE OUNCE, SILVER” which looks like an afterthought. It’s an ounce, and it is silver, but it is not an ounce of silver.
I have no idea. I tried to find information regarding this but couldn’t find anything.
They are good looking rounds. They come in both BU and proof. The proofs have their own wooded presentation box. These were produced around the time of the tax revolt headed by Tupper Saussy. I’ve spoke to the Saussy’s former attorney who had no knowledge of the rounds.
I've heard of "weasel words", but not a "weasel comma" before.
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Apparently I have been awarded one DPOTD.
See response below
The round comes in at 1.206 ounces of .900 fine silver. So I am not sure why there is a comma when there is actually a bit more than an ounce of silver in them.
Back in the mid-80’s some con man was selling a one ounce silver piece with a heavy gold plating that was marked as “.999% Gold.” Mathematically less than 1% Gold, but people saw the “.999” and thought it was pure. The price was right at the spot price of gold, IMPLYING it was gold but never saying that it was. He sold some.
work "token" into the title
The round comes in at 1.206 ounces of .900 fine silver. So I am not sure why there is a comma when there is actually a bit more than an ounce of silver in them
Interesting.
A 1.08 ounce item is as close as it's gonna get. Truth in advertising.
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And out of the many that I have weighed, they are consistent.
Akin to the old .24 carat ruse—
Not at all
My regrets, I should have posted that in reference to this comment—
I guess they were being quite conscientious about delivering a full ounce. I withdraw any criticism of the piece.
Back in the mid-70's when Silver was still very cheap there was a young lady at Amos Press (parent firm of Coin World) who made jewelry in her spare time. One week when I was going to a coin show in Dayton she asked me if I could get her about ten ounces worth so she could do some castings. I said sure, and while down there bought ten generic art bars for close to spot.
When I got back to the office on Monday I was curious about the weights so I weighed each one before taking them over to her department and getting paid for them. None weighed less that 1.03 troy ounce, and the heaviest weigh 1.08. All .999 of course.
I suspect that the art bar makers all deliberately made them just a tad heavy so that no customer would ever complain about one being short weight. It reminds me of when I took a course on statistics in college and they were trying to explain bell curves to us. The textbook example was a soda pop bottling company trying to fill 12-ounce glass bottles with high speed equipment that never hit exactly 12 ounces (except by accident). I think the lesson was that if the average variance was 0.3 ounces with just a small percentage of fills falling outside that range, you set your fill level at 12.3 ounces, with the few that were under 12.0 being so close that nobody ever complained.