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US Assay office Silver Rounds.

Type2Type2 Posts: 13,985 ✭✭✭✭✭
edited April 16, 2018 7:00PM in U.S. Coin Forum

I don't normally see them this nice so I bought the roll with some 10oz bars That are the US Assay office as well $2.00 over spot.. I'll put them in my Dansco round book they are to nice to toss around like junk silver.





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    BillDugan1959BillDugan1959 Posts: 3,821 ✭✭✭✭✭

    I believe this was privately issued, thus the "foxy" wording of the inscription.

    Unlikely to be a product of the U.S. Government.

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    coinsarefuncoinsarefun Posts: 21,781 ✭✭✭✭✭

    Those are super clean looking, usually I find them abused. Nice pickup.

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    Type2Type2 Posts: 13,985 ✭✭✭✭✭

    Very cool...



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    JBKJBK Posts: 17,664 ✭✭✭✭✭
    edited April 17, 2018 8:16AM

    I have a few. Those are super nice.

    As mentioned, these are private issues made with gov't silver that was auctioned off. I think the big CC initials are the maker, don't recall the name.

    I think I also have a 1 ounce bar or two.

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    ZoinsZoins Posts: 34,489 ✭✭✭✭✭
    edited April 17, 2018 1:01AM

    They are minted by Continental Coin company of California. I'd like to know more of the history on these.

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    PerryHallPerryHall Posts: 47,611 ✭✭✭✭✭

    You may want to post this in the Precious Metals Forum where collectable bullion including silver rounds such as these are discussed.

    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

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    jmski52jmski52 Posts: 23,977 ✭✭✭✭✭

    Those are indeed private mintage, but the silver did come from the US stockpile held at the Assay Office in San Francisco. I'm pretty sure that the Assay Office previous to 1981 sold off bars labeled "US Assay Office" but I don't recall them actually producing rounds or coins labeled that way. They also previously sold 1 oz packets of silver granules labeled as US Assay Office, I believe.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
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    OPAOPA Posts: 17,163 ✭✭✭✭✭

    @JBK said:
    I have a few. Those are super nice.

    As mentioned, these ate private issues made with gov't silver that was auctioned off. I think the big CC initials are the maker, don't recall the name.

    I think I also have a 1 ounce bar or two.

    I believe they they were produced by the Continental Coin Co.

    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Nice silver rounds... why do they appear to have a 'brassy' rim? Is that the lighting?? Cheers, RickO

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    PerryHallPerryHall Posts: 47,611 ✭✭✭✭✭

    @ricko said:
    Nice silver rounds... why do they appear to have a 'brassy' rim? Is that the lighting?? Cheers, RickO

    It might be toning from storage in a paper roll.

    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

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @PerryHall ....Thanks, I did not think of that..... Cheers, RickO

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Silver electrical wire also came from government sources, as did all the pocket change through 1965, and a lot of the silver in photographic film.....

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    FredWeinbergFredWeinberg Posts: 6,032 ✭✭✭✭✭

    Continental Coin is in Van Nuys, Callif.,
    about 6-7 miles from my office.

    These were struck at their Mint in Calabasas,
    I believe (or nearby) using silver redeemed by
    dealers turning in their Silver Certificates to
    the San Francisco Mint for raw silver bars.

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
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    Type2Type2 Posts: 13,985 ✭✭✭✭✭
    edited April 17, 2018 10:08AM

    Ricko yes it's toning from storage but the roll was plastic, I bought a roll of this type as well they are very nice with more toning from storage, I know you like bright white but nothing a dip cant fix but I'll keep them the way they are. Thanks for all the info.




    Hoard the keys.
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    JBKJBK Posts: 17,664 ✭✭✭✭✭

    @coinsarefun said:
    forgot to say. I have 2 of them.
    .
    .

    I have a dramatically off-center silver round - I think it is one of these Strategic Silver Stockpile ones as well. I wonder if they made some on purpose or if they just had bad quality control.

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    "I wonder if they made some on purpose or if they just had bad quality control."

    Intentional 'errors?' Who would possibly do that? :)

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    coinsarefuncoinsarefun Posts: 21,781 ✭✭✭✭✭

    @JBK said:

    @coinsarefun said:

    I have a dramatically off-center silver round - I think it is one of these Strategic Silver Stockpile ones as well. I wonder if they made some on purpose or if they just had bad quality control.

    .
    .
    .
    I would say they are made like our US mint ;):#:p
    Some yes, some no

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