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why do the JM loaf 100 oz. bars

secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
in Precious Metals
... not say anywhere on the bar that it's made of silver???

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"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)

Comments

  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    The little thing on the bottom right says JM Assay Office with the letters SLC (for Salt Lake City) in the middle.
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • carscars Posts: 1,904
    Are you sure it doesn't say fine silver in bottom of that oval?
    Its all relative
  • secondrepublicsecondrepublic Posts: 2,619 ✭✭✭
    No, it says "Assay Office."

    Edited to add: This picture shows the bottom right corner more clearly.

    Here's another one (bottom photo).
    "Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
  • carscars Posts: 1,904
    That is strange, Must be assumed. I've never noticed it before, Probably b/c I don't own a 100 oz like that but I had smaller ones that say Fine Silver in that little oval.
    Its all relative
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    I trust it. A lot of the old pours don't say fine silver but just numbers. Now if this was a new product I wouldn't trust.
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  • cinman14cinman14 Posts: 2,489 ✭
    Because that would constitute fraud from the China Assay office...
  • fcfc Posts: 12,793 ✭✭✭
    i would instantly pass on it. i learned my lesson last year.
    a lot of silver out there to buy. no reason to buy sketchy stuff that
    you are not sure about personally.
  • CladiatorCladiator Posts: 18,038 ✭✭✭✭✭
    Nearly all large Johnson Matthey poured bars are like that. The 100's, 50's, Kilo's and 20's I know for sure are almost all not marked with "silver" or "ag". They have fineness and weight only. It's the one reason I've never owned one and never will. It's not that I don't trust Johnson Matthey, because I do. It's that I don't want to have to deal with a potential buyer from me in the future that makes a fuss about it.
  • carscars Posts: 1,904
    I was checking eBay to see if other 100 oz were stamped with silver and they're not. Kinda strange.
    Its all relative
  • carscars Posts: 1,904
    I'm not 100% certain but I had a 20 oz and I thought it was marked with Fine silver in that bottom oval, Maybe Ashland can tell us as I know he has some including my old one.
    Its all relative
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Check it out: 1000 oz JM AG bar from Tulving. Not marked "silver" unless I'm mistaken...

    image

    image
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • ashelandasheland Posts: 23,175 ✭✭✭✭✭
    No, none of the poured JM bars I have ever had said "silver" on them. And I have never had the slightest problem selling them either.
    Perth Mint and Engelhard have bars without the word "silver" on them also.
    I would not worry on the big names.

    My YouTube Channel

  • 1jester1jester Posts: 8,637 ✭✭✭
    Maybe it's platinum?


    imageimageimage
    .....GOD
    image

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  • ashelandasheland Posts: 23,175 ✭✭✭✭✭
    Here's a nice close-up of a typical 100 oz bar (not mine)
    image

    My YouTube Channel

  • SlangNRoxSlangNRox Posts: 774 ✭✭
    Wow. I never realized that. I checked one of my bars after reading this post.
  • PerryHallPerryHall Posts: 46,085 ✭✭✭✭✭


    << <i>Maybe it's platinum? >>



    .........or lead.image

    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

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