Updated with inline pics: Picked up an old poured silver bar. Hoping someone could help identify it.
vetruvian
Posts: 6
First time to this forum. Please let me know if this is not the correct sub.
Picked up the below poured silver bar the other day for spot + $1.00. I couldn't pass up a deal on a bar I have never seen. I have spent the last two days browsing the far reaches of the internet with no joy. I was hoping someone here could help out. It appears to have "E195" on the top in reverse. You can see it clearly in a mirror.
It has 999 Fine stamped on one side, and 24.57 on the bottom.
Any/all info is greatly appreciated. Thanks!
-Vetruvian
Picked up the below poured silver bar the other day for spot + $1.00. I couldn't pass up a deal on a bar I have never seen. I have spent the last two days browsing the far reaches of the internet with no joy. I was hoping someone here could help out. It appears to have "E195" on the top in reverse. You can see it clearly in a mirror.
It has 999 Fine stamped on one side, and 24.57 on the bottom.
Any/all info is greatly appreciated. Thanks!
-Vetruvian
0
Comments
mbogoman
https://pcgs.com/setregistry/collectors-showcase/classic-issues-colonials-through-1964/zambezi-collection-trade-dollars/7345Asesabi Lutho
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
I had no problem with the links. I don't see a decimal point between the 24 and the 57. Could this be a serial number? Did you weigh your bar to see if it actually weighs 24.57 ozs? Is the word "SILVER" shown anywhere on your bar? Is the a manufacturer's name or logo shown anywhere on your bar? Is it possible that this bar is some metal other than silver?
I believe it's silver...with .999 stamped. I also had no issues with the links, unlike the links from that "spammer" with 10 ongoing threads. My guess, it's some sort of industrial use related ingot.
Now, as far as the bar goes, I never would have guessed the '24 57' might be a serial. But given the lack of any discernible decimal, its definitely a possibility. Thanks for the tip PerryHall.
It weighs in (on a USPS home scale) at 24.38 ozt. Sorry, my accurate scale only goes up to about 20 oz. I don't trust the USPS scale because it reads in oz and only goes to one significant figure. I'm gunna take it back to my LCS on Monday and have them weigh it.
'Silver' or any other mint name or logo is not on the bar at all. I have uploaded pictures of all the identifying marks.
I placed a magnet on the bar and there is absolutely no measurable attraction. The magnet falls off.
I frequent an LCS that is run by three guys. They are the most honest and knowledgeable people I have met in this trade. They test every piece of anything they ever buy. So when they told me they had tested it as usual, I didn't even think to second guess them. I may bring it back in tomorrow to have it accurately weighed and tested in front of me. I fear that they may be offended that I want it tested again. Any thoughts on this course of action? I could always pick up a home test kit.
Thanks for all your time!
Apologies on the original linked pictures. I am so accustomed to linking to imgur as I am a heavy user over at /r/Silverbugs. I have placed them inline in the post.
Now, as far as the bar goes, I never would have guessed the '24 57' might be a serial. But given the lack of any discernible decimal, its definitely a possibility. Thanks for the tip PerryHall.
It weighs in (on a USPS home scale) at 24.38 ozt. Sorry, my accurate scale only goes up to about 20 oz. I don't trust the USPS scale because it reads in oz and only goes to one significant figure. I'm gunna take it back to my LCS on Monday and have them weigh it.
'Silver' or any other mint name or logo is not on the bar at all. I have uploaded pictures of all the identifying marks.
I placed a magnet on the bar and there is absolutely no measurable attraction. The magnet falls off.
I frequent an LCS that is run by three guys. They are the most honest and knowledgeable people I have met in this trade. They test every piece of anything they ever buy. So when they told me they had tested it as usual, I didn't even think to second guess them. I may bring it back in tomorrow to have it accurately weighed and tested in front of me. I fear that they may be offended that I want it tested again. Any thoughts on this course of action? I could always pick up a home test kit.
Thanks for all your time!
Good to see a fellow /r/silverbug posting here too! Like other said on reddit, I think your bar is a backyard/basement pour. The "quality" of the pour and mold look amateurish (while it is a cool/unique bar) with all of the grainyness the bar shows and the stamp is backwards in the bar, haha. I doubt you'll find much more info as there are not much to go on. Good luck!
My YouTube Channel
Did some digging on the Hunt Brothers. Fascinating stuff!
Those were wild and crazy times. Silver refineries were backed up for months, so people started doing these backyard melts.
https://www.youtube.com/watch?v=QHmsm8Znp4Y
Industrial bar was my first thought as well. I'm certainly no expert but have never seen one with those markings.
be well, and welcome.
bob