Redeeming Silver Certificates for silver bullion in the 1960's Pic Added

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KISHU1
KISHU1 Posts: 2,310 ✭✭✭
in Precious Metals
Back in the mid 1960's was the last time you could redeem silver certificates for silver. I was a young boy at the time and my father took me into New York City and we waited on line to redeem for bullion. My father had a couple hundred silver certificates and he received a silver bar for them. The bar is approx. 7.5 pounds which equates too 120 ounces. The bar is a grayish color and I think it is 90% silver made from melted coins, but there is no markings on the bar. How can I verify the purity of the bar and is there any collectors value on the bar? Does anyone remember redeeming silver certificates back in the 1960's?

Thanks

Frank D.image

]image

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  • chumley
    chumley Posts: 2,305 ✭✭✭✭
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    in 1960 ,I was probably waiting for the milkman so I could get a chunk of ice on a hot summer day
  • SaorAlba
    SaorAlba Posts: 7,593 ✭✭✭✭✭
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    If you have one of the mint bars they are worth a decent chunk of change since not many people saved them. That time was a bit before my time, but my dad went to the bank and cashed out bills for rolled dimes, quarters and halves and held onto them.
  • LukeMarshall
    LukeMarshall Posts: 2,212 ✭✭✭✭✭
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    New York Assay Office bars have markings / stamps on them usually weight, purity, and lot batch #

    The purity is often high .999+
    Would you have a picture?

    It's all about what the people want...

  • DrBuster
    DrBuster Posts: 5,446 ✭✭✭✭✭
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    Pics please, we need something to drool on today.
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    Is there writing on the bar in a black grease pen? If so, what does it say? That is how those bars were marked.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • KISHU1
    KISHU1 Posts: 2,310 ✭✭✭
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    I'm on the road this week but will post a pic on Saturday. There is no stamping on the bar but there is some writing possibly with a grease pen but it is not really ledgeble. I will post later this week

    Thanks for your help

    Frank D.
  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    I recall the activity, but in the early '60's I was in the Navy and later married, working and raising a family. Cheers, RickO
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    << <i>I'm on the road this week but will post a pic on Saturday. There is no stamping on the bar but there is some writing possibly with a grease pen but it is not really ledgeble. I will post later this week

    Thanks for your help

    Frank D. >>



    Don't clean off the writing.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • KISHU1
    KISHU1 Posts: 2,310 ✭✭✭
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    Picture Added see markings by a grease pen. Any help identifying what the numbers mean and if there is any collector value above the silver value would be appreciated.


    Thanks

    Frankimage
  • CaptHenway
    CaptHenway Posts: 34,167 ✭✭✭✭✭
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    Possibly 103.24 troy ounces, which would come out to a little over 7 avdp. pounds?

    Remember that a troy ounce is heavier than an avdp ounce.
    Professional Numismatist, Retired. 55 year member ANA. Former ANA Senior Authenticator. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and ANA Lifetime Achievement Award 2020. Winner of the PNG's 2026 Robert Friedberg Award for "The Enigmatic Lincoln Cents of 1922," Available now from Whitman or Amazon.
  • 66Tbird
    66Tbird Posts: 2,858 ✭✭✭
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    My old man turned in paper for silver also. He must not of know what silver bars really looked like. I inherited that bar only to find out it was just lead. Good thing in was only 10 oz or so.
    Need something designed and 3D printed?

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