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US silver Bullion--1 lb walking lib super toned, would it sell?

So i have it in my collection (grandfather bought it new in the 90's) and it is purple-blue one side and golden yellow to green on the other. 100% of the surface is toned and I'm wondering if I should keep it because I have no idea if these things sell well.

What are your thoughts? Thanks.
I'll put up a pic tonight or sunday.
Steve

Comments

  • pendragon1998pendragon1998 Posts: 2,070 ✭✭✭
    The 1 lb bullion rounds with a walking liberty on them are not US mint issues. They're produced by private companies and somewhat deceptively marketed to imply that they're official US mint products.

    Search on eBay to see how they're selling.


  • << <i>So i have it in my collection (grandfather bought it new in the 90's) and it is purple-blue one side and golden yellow to green on the other. 100% of the surface is toned and I'm wondering if I should keep it because I have no idea if these things sell well.

    What are your thoughts? Thanks.
    I'll put up a pic tonight or sunday.
    Steve >>



    As long as it is stamped .999 fine silver, it's worth spot, if you can get it. It would go for more on the Bay but fees would eat up the difference.

    I've bought lots of those things over the years at spot. Is it a troy pound? If so, it's 12 troy ounces. Most of them were that way.

    They're fairly common, usually in 4, 6 and 12 troy ounce weights.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    It would take a bucket of Jewel Luster to dip that discus.image
  • Yes, thats it. The color on the one i have is beautiful.
  • partagaspartagas Posts: 2,056 ✭✭✭
    I have one as well it is a Texas commem copy. It says One pund of .9999 silver and it weights a pound or 16 ounces on a scale. I assume it has 14.58 troy ounces in it.
    If I say something in the woods, and my wife isn't around. Am I still wrong?


  • << <i>I have one as well it is a Texas commem copy. It says One pund of .9999 silver and it weights a pound or 16 ounces on a scale. I assume it has 14.58 troy ounces in it. >>



    Yeah, there were some that were made in avoirdupois ounces. Seems to just clutter up things and makes it a bit more confusing. I thought about adding that little factotum, but they aren't all that common.

    I think the somewhat shady marketing appealed to keeping them in troy ounces so the sellers could say that 12 ounces was really a "pound".

    The only people who made any money on those things were the producers and sellers, usually one and the same. I remember buying one from a guy who still had his receipt. The spot price back then made them worth around $40-$45, he paid $129.95 + shipping via mail order.

    He still lost money selling it to me a few years ago after holding it for 8 years or so.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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