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Got to pick an old silver round collection just now

WeissWeiss Posts: 9,941 ✭✭✭✭✭
Was maybe 60 1-oz rounds from way, way back in the day until maybe 5 years ago. No bars.

I'm not a fan of rounds. Consequently, about the only thing I know about them is that I really dislike generic 1994 Merry Christmas or 1988 Happy Birthday rounds. I'll make an exception for prospectors if there is nothing else and they're priced right, but I have maybe 30 ounces in generic rounds and I'd get rid of them if I cared enough to move them.

Anyway...

I saw these rolls of rounds Tuesday but someone else was looking at them. Since I don't really do them, I didn't much care or notice. Today nobody else was in the shop, and my dealer didn't have anything else, so I figured what the heck.

The previous picker had apparently taken out 8 or 10 prospectors and left everything else. In addition to several holiday rounds, generic coin themed rounds, etc. were these three that caught my eye.

The NORFED was a no-brainer. I know these have fans and can sell with a premium under the right circumstances.

image

image

The other two just looked like generic run of the mill "trade units" that we've all seen a million times. But when I got a better look, I was surprised at what I saw.

The one on the lower left has beautiful matte-finish detail and is incredibly well-struck with thick booming luster over a super deep-dish high relief design. Dated 1974. Sucker survived some pretty major mass-extinctions to be sitting there in MS68 condition today!

The other is actually older--dated 1973. Marked Wade Ventures One Silver "Mundinero". Again with beautiful attention to detail. Though less deeply struck it's still very pretty.

I just think old school matte- and brushed-finishes on silver are so superior to fakey looking mirror finishes that hairline and look dated.

Thoughts? Seem them before? They were $19 each out the door.
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

Comments

  • Excellent score on the 2005 Norfed Liberty Dollar round for $19.00. I am mainly a silver art bar collector but I like the silver Norfed Liberty Dollar rounds and I plan to start a collection of Liberty Dollar rounds. If I can find them locally, then I will plan to buy them from my local dealer or at coin shows at a decent premium over spot. The Liberty Dollar rounds can sell at a fair high premium on ebay.
    DISCLAIMER: I am NOT a '70's silver art bar expert but I try my best to play one on the Internet.
  • Nice deal and nice price. I see these Norfeds sometimes and some folks are bonkers about them. They'll even buy the paper certificates 'entitling' the bearer to one ounce of the silver that Uncle Sam long since confiscated.
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    The other 70's era rounds are really neat too. First oil crisis was about that time if I recall correctly. People were VERY concerned about the pieces of paper we'd been so long assured were unquestionably good. Silver had disappeared from coins just as gold had done in a previous generation. Silver certificates were no longer redeemable for metal silver ( little kernals or shavings weighed in a 'baggie')It was quite reasonable to seek security in a known tangible precious metal. Again. These things are true period pieces.
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    I always look forward to enjoying another of your threads. Thanks for sharing.
    Many, many perfect transactions with other members. Ask please.
  • Are you talking about Engelhard prospectors? They are pretty desirable bullionwise. I'm with you on the Birthday/Christmas rounds, last choice.
    Witty sig line currently under construction. Thank you for your patience.
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Dang could have bought several those Norfed rounds today. They said Liberty Mint threw me off thought NORFED was on round.image
    Avid collector of GSA's.
  • jmski52jmski52 Posts: 22,825 ✭✭✭✭✭
    That Silver Trade Unit really DOES have booming luster!image Nice!
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • tydyetydye Posts: 3,894 ✭✭✭
    I do not favor rounds either. I can not explain why. You would think being a coin collector I would favor rounds over bars.
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