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Medals. Big chunks of silver nobody wants.

WeissWeiss Posts: 9,941 ✭✭✭✭✭
in Precious Metals
I added that Illinois Medallic Art medal this week to the stack. Here are about 18 ounces of pure silver (not including the peace dollar, shown for size). The Indy came from our own gsa1 and clocks in at about 6 ounces ASW:

image


Got any medals larger than 1 oz?
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

  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    fun way to own silver and have a nice piece of art at the same time image
    Successful Buying and Selling transactions with:

    Many members on this forum that now it cannot fit in my signature. Please ask for entire list.
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭
    image
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>image >>



    How did I know barndog would see this and weep? 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
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭
    Nice looking medals. Are they sterling 925 fine? Unfortunately sterling silver doesn't get the respect that 999 fine silver gets and frequently doesn't bring the same premium over melt as 999 does.

    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

  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>

    << <i>image >>



    How did I know barndog would see this and weep? image >>



    like a moth to a flame
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭


    << <i>Nice looking medals. Are they sterling 925 fine? Unfortunately sterling silver doesn't get the respect that 999 fine silver gets and frequently doesn't bring the same premium over melt as 999 does. >>



    The Indy and the Illinois are both .999. The Mayflower medals are both sterling.

    image

    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
  • PerryHallPerryHall Posts: 46,122 ✭✭✭✭✭
    Great looking bars produced by major silver companies. I would think that they should bring some kind of premium over melt in the right venue.

    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

  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>Great looking bars produced by major silver companies. I would think that they should bring some kind of premium over melt in the right venue. >>



    they would bring a premium IF Weiss ever sold anything!
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  • CladiatorCladiator Posts: 18,041 ✭✭✭✭✭


    << <i>

    << <i>Great looking bars produced by major silver companies. I would think that they should bring some kind of premium over melt in the right venue. >>



    they would bring a premium IF Weiss ever sold anything! >>

    image Don't hold your breath.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I actually sold smoething to Perry just this week 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
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>I actually sold smoething to Perry just this week image >>



    I am not going to get my hopes up
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    To be fair I bought it especially for him. I can only think of one thing I've sold in the last several years (that I didn't buy specifically to resell). That was my group of palladium bars. But I bought double the amount I sold within a few weeks of that sale.
    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
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>To be fair I bought it especially for him. I can only think of one thing I've sold in the last several years (that I didn't buy specifically to resell). That was my group of palladium bars. But I bought double the amount I sold within a few weeks of that sale. >>



    and that Hawaii coin, I think
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  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Doh! That's true. PCGS PR62CAM 1883 trade dollar and my 1883 PCGS EF40 Hawaiian dollar both went into trades for gold and silver in February of '09. 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
  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    Trading is NOT selling. Course if I sell to buy more I don't consider that selling either!image

    Show next weekend where I picked up the Indiana piece. I'll keep my eyes open for more!image
    Avid collector of GSA's.
  • PreTurbPreTurb Posts: 1,193 ✭✭✭
    Find me some 19th century medals with a Connecticut theme and I'll pay quite hansomely!
  • cladkingcladking Posts: 28,649 ✭✭✭✭✭
    Most of these medals have far too high a mintage toever get much value unless
    interest in them increases. It needs to be specific interest such as the demand
    created by someone wanting the large Indiana medal.

    There are a few things working in their favor other than just time. A lot of this stuff
    just gets tossed in the furnace each year making the mintages less important. Peo-
    are having more access to the knowledge that such things exist and can even find
    them to buy with the internet. They are a lot of fun to collect so perhaps the funda-
    mentals will change one of these days. Watch out when silver soars because a lot
    of things like this will scrap out in just a year or two.
    Tempus fugit.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    All true. Though Barndog has apparently been looking for another of the Mayflower medals in sterling for some time with no luck. He's got the original copper (from 1920?) that are absolutely gorgeous. I suspect these were very limited and I wonder if more than a few exist now.

    The craftsmanship on some medals is astounding. Superior to most mint products and with a fraction of the mintage.

    But it's all about supply and demand. I bet 60s and 70s era sterling and .999 medals have been flying into crucibles with this run-up. Can't even imagine what will happen if silver soars to $50 again.
    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
  • BarndogBarndog Posts: 20,490 ✭✭✭✭✭


    << <i>All true. Though Barndog has apparently been looking for another of the Mayflower medals in sterling for some time with no luck. He's got the original copper (from 1920?) that are absolutely gorgeous. I suspect these were very limited and I wonder if more than a few exist now.

    The craftsmanship on some medals is astounding. Superior to most mint products and with a fraction of the mintage.

    But it's all about supply and demand. I bet 60s and 70s era sterling and .999 medals have been flying into crucibles with this run-up. Can't even imagine what will happen if silver soars to $50 again. >>




    here it is. It is lonely without its sterling mate image

    imageimage
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  • beartracks42beartracks42 Posts: 2,834 ✭

    This big boy weighs 4.5 ounces.


    image

    image
    Gary
    image
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