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piecesofme
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Am I the only guy out there scavenging this week?
Anyone know if the two 3 oz'ers on the left could be Engelhards? They sure exactly the same except for the Engelhard stamp. Also, the 3 oz'er in the plastic is from when the Government was trading out for silver certificates some time ago I am told by the guy that sold them to me. Can anyone verify that for me please?
Anyone know if the two 3 oz'ers on the left could be Engelhards? They sure exactly the same except for the Engelhard stamp. Also, the 3 oz'er in the plastic is from when the Government was trading out for silver certificates some time ago I am told by the guy that sold them to me. Can anyone verify that for me please?
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"The two 3 oz silver bars are Engelhard. The reason they did not stamp the name is not known. Perhaps it was an error or they were supplying them to someone who would add their own logo. I have a similar bar with the serial number 08107 and a blank in the center, like yours.
The bar with the eagle I believe is from the Foster Company. The one with MEE in a square I believe I have seen sold elsewhere but I don't recall much about them."
It is a Centennial Chattanooga Choo-Choo art bar (CHAT-1). It was minted by Freedom Mint. Serial # A1013. All of you reading this post might find this hard to believe but I paid only $25.00 for it but I did. Here is my story:
When I went inside the coin show I saw it in one of the glass cases. There were also two 1970's Franklin Mint sterling silver bars inside the glass case along with the Choo-Choo silver art bar. I asked him about those bars and the dealer said that those 3 bars were all sterling silver bars. He was wrong on the Choo-Choo art bar because I knew that this bar was NOT sterling silver and it was a 1 oz .999 pure silver bar. So I asked him if that the Choo-Choo bar was really a sterling silver bar. After I asked the coin show dealer that, the dealer picked it up and took out his magnifier to examine the front of the bar. When he saw the ".999 silver One Ounce" stamped on the front, then he mentioned that this was a .999 silver bar. I was familar with this art bar because I bought another Centienial Choo-Choo silver art bar last year but I wanted to buy another one to add to my art bar collection if it was at a decent premium over spot silver.
I asked the dealer how much he wanted for the Choo-Choo bar. What he did next was to weigh the bar on his digital scale. It took him a while to weight it. I guess he was double checking the weight of the bar. After what appeared to be a long while, he took the bar off the scale and gave me a price of $25.00. I said to myself........"WHAT??????" Spot silver finished yesterday at $33.85/oz according to Kitco.com and he was selling it to me at $8.85 UNDER SPOT SILVER PRICE. At that point, I was deciding if I wanted to get it. It seemed too good to be true when I first heard that price so I asked that coin show dealer if that bar weighed 1-troy oz. He said that it did not weigh 1 troy oz. He said something about it weighing only "2/3 of an oz". I thought to myself "HUH?". So what I did next was to take a chance and buy that Choo-Choo bar for $25.00.
After I left the show, I decided to go to one of the coin shops in that area to get them to weigh this bar for me. I did not want to believe that this bar weighed well under 1 troy oz. The coin shop employee weighed the silver bar and it weighed 1 troy oz and I saw the reading for myself. Clearly this was an error on the coin show dealer's part but I suspect that he was using sterling silver conversions to figure out how much .999 pure silver was contained in this bar but I do not understand that because he clearly saw that it was .999 pure silver stamped on the bar and it weighed 1 troy oz when I took it to a coin dealer that was far away from the coin show. I suspect that he was trying to weigh this like a sterling silver bar and priced it like a sterling silver art bar despite the fact that the weight and purity was cleary stamped on the bar. I am just guessing on my part for why the dealer was asking for only $25 for a 1 troy oz .999 silver art bar when spot silver finished yesterday at $33.85/oz (Kitco quote).
I thought to myself.........I ended up getting this 1-oz silver art bar $25 which was well under spot because this dealer somehow kept thinking that this was sterling silver. I am not complaining because that was the price he gave me and I agreed to it. This ended up being one of my best finds of this year.
I knew it would happen.
The poured bars with the Engelhard name at the top are early. On this type the "999" is not followed by a "plus" sign. These early bars have low serial numbers and at least on these two the surface is granular.
I would appreciate any comments as I would like to nail down a more precise chronology for Engelhard bar types.
https://www.pcgs.com/setregistry/gold/liberty-head-2-1-gold-major-sets/liberty-head-2-1-gold-basic-set-circulation-strikes-1840-1907-cac/alltimeset/268163
Sounds like you're looking forward to it You're gonna need alot more than those few $2's though if she's gonna be gone 2 weeks
<< <i> a pile of tip halfs and some dueces for the nudy club when the wife goes out of town for a couple weeks again this Thurs.
Sounds like you're looking forward to it You're gonna need alot more than those few $2's though if she's gonna be gone 2 weeks >>
Ha, yeah, all they had at the bank though.