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Help Identifying a Coin

CladiatorCladiator Posts: 18,038 ✭✭✭✭✭
Hey all...

A friend of mine has recently come into an incredibly large amount of silver bullion coins and has asked me to help "redistribute" them, lol. I don't recognize the coins as being from any of the major mines or assayers like Englehard or NWT. Can I get a bit of help here with what mine or assayer or company produced these and maybe even when they were minted? Sorry about the pic, my buddy lives out of state so I couldn't physically get to the coins and shoot them. The pic is from a scan of a pic..ugh...it's all I have though. Thanks for the help.

image

Comments

  • RussRuss Posts: 48,514 ✭✭✭
    I don't know who the maker is, but I think this one was produced for international trade. I saw a China one somewhere with a Panda on it that also said "Silver Trade Unit".

    Russ, NCNE
  • I spent a bit lookign for info on it and had no luck.

    But here is someone trying to sell it for $14 plus $4 shipping.

    There is another version that I wandered into that has a Liberty Bell on it rather then the flag/eagle, that seems to have been issued around '76. This one might date to the same time, and the Silver idiocy that followed it not long after.

    Hope it helps. There seems to be no real archive of these sorts of items on the web. Perhaps someone will recognize it.

    Myriads
  • cladkingcladking Posts: 28,631 ✭✭✭✭✭
    I don't remember the issuer but they had a lot of different designs back in the
    mid-'80's. I never heard of a bad one so it should be an Oz of good silver.

    They were written about in the coin papers years ago too.
    Tempus fugit.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    there are a couple of versions of these silver rounds with various forms of "trade unit" legend.

    I've got a few of each that cost normal silver round price of spot a buck or two, two if they're nice like yours. Also look for silver ounces in the shape of a $20 saint obverse with a WL reverse (silvertowne), shaped like a DB dollar, etc.

    Liberty: Parent of Science & Industry

  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Here's a few different types of silver rounds, some patriotic, some decorative replicas.

    image

    I think an attractive round is slightly more liquid than an ugly one, all else being equal.

    Liberty: Parent of Science & Industry

  • CladiatorCladiator Posts: 18,038 ✭✭✭✭✭
    Baley,

    The coin you have in your pic in the upper left side is the same one I have. Can you tell me what is printed in the small oval located just under the scales? Also, do you know who made that coin?
  • CladiatorCladiator Posts: 18,038 ✭✭✭✭✭
    ttt
  • CladiatorCladiator Posts: 18,038 ✭✭✭✭✭
    TTT - Maybe the night crew knows about this one eh?
  • lordmarcovanlordmarcovan Posts: 43,529 ✭✭✭✭✭
    Seen 'em before. Not sure who made 'em- there may be several who make "trade unit" silver rounds. Usually it's the anti-Federal Reserve crowd.

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • Maybe the Franklin Mint?
    What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
  • lordmarcovanlordmarcovan Posts: 43,529 ✭✭✭✭✭
    Hey, Underdog is back!

    How goes it?

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • The problem is that there are many private mints that strike these silver rounds and most of them do not mark them to show which mint produced them. Add to that the use of very similar designs by more than one mint and you have a real headache trying to determine where something came from. I have a friend who collected silver rounds by design and when he lost most of his interest in the project he had over 900 different varieties. There are more than two dozen different varieties that use that "silver Trade Unit" design. And all of those are not from the same mint. I also suspect that from time to time when a mint would close down they would sell their dies to other mints as well.
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Hi Cladiator,
    The little oval monogram says "APM", although I don't know what that stands for.

    Here's one like the next one to the right in the above pic:

    Silver Trade Unit: Strategic Stockpile Silver

    Liberty: Parent of Science & Industry

  • "APM" might possibly identify who made it. image

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