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A 1 oz vial of silver shot from the US Treasury.

kiyotekiyote Posts: 5,573 ✭✭✭✭✭
in Precious Metals
My local B&M has a small vial of silver shot that the owner says comes from the treasury and that he can't sell it until he can figure out what he's got. Is there even such a critter? I've never heard of it before.
"I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.

Comments

  • TheBigBTheBigB Posts: 942 ✭
    I've seen one these at my B&M, but he wouldn't sell it to me. The story went that the shot could be used as change for those trading in silver certificates and such.
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    They're not common but I don't think they're "rare".
    image

    A "silver pak" like this one sold on eBay about 10 days ago for $66.

    I don't know if these were official releases or if they were an aftermarket gimmick. I'd own one but I wouldn't pay a big premium for it.
    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
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Pretty neat, I've never seen one !!!
    Timbuk3
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭
    Neat but I prefer my silver to be in solid form.

    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

  • jmski52jmski52 Posts: 22,822 ✭✭✭✭✭
    In the early 1960's, when the Treasury still had a few million silver dollars in the vaults. When they decided to phase out Silver Certificates, the Treasury began releasing silver dollars through the banking system for Silver Certificates at face value. When the silver dollar supply ran out, they started substituting these silver packets that contained $1.00 worth of silver at the current rate of $1.29/oz. I assume that there is less than 1 oz. in those packets.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • DrBusterDrBuster Posts: 5,378 ✭✭✭✭✭
    Theres tubes marked like this too with the silver cert trade info. Not much over spot i thought, check the currency guys though as i'm not 100%, they know.
  • PokermandudePokermandude Posts: 2,713 ✭✭✭


    << <i>Theres tubes marked like this too with the silver cert trade info. Not much over spot i thought, check the currency guys though as i'm not 100%, they know. >>



    I'm pretty sure the few I have seen were in tubes as well.
    http://stores.ebay.ca/Mattscoin - Canadian coins, World Coins, Silver, Gold, Coin lots, Modern Mint Products & Collections
  • DarinDarin Posts: 7,023 ✭✭✭✭✭


    << <i>My local B&M has a small vial of silver shot that the owner says comes from the treasury and that he can't sell it until he can figure out what he's got. Is there even such a critter? I've never heard of it before. >>



    Yes, I have 10 of these vials that I bought from APMEX several years ago. They should contain as much silver as a Silver Dollar, .77 oz. The writing on the vials say:
    ONE DOLLAR IN SILVER NUGGETS
    As approved by secretary of the Treasury June 4 1963 public law 88-36. May be secured only by presenting in person one silver certificate to United States assay office, 115 Hermann St, San francisco, Cal. at the monetary value of $1.292929292 per fine troy ounce on or before June 24, 1968.
  • AUandAGAUandAG Posts: 24,760 ✭✭✭✭✭


    << <i>Neat but I prefer my silver to be in solid form. >>



    Not liquid silver, 'eh?

    lol



    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • PerryHallPerryHall Posts: 46,111 ✭✭✭✭✭


    << <i>

    << <i>Neat but I prefer my silver to be in solid form. >>



    Not liquid silver, 'eh?

    lol



    bobimage >>



    I meant a single bar or coin rather than a bunch of granules.


    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

  • AUandAGAUandAG Posts: 24,760 ✭✭✭✭✭
    Got it! Besides: liquid silver = Mercury.

    Should be an emotion symbol for: razz'n your arse!

    bob
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • fivecentsfivecents Posts: 11,207 ✭✭✭✭✭
    Here is a neat little item I picked up.

    image
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