1 Lb SAE?

Comments

• cullenbryant Posts: 1,794

  December 5, 2005 4:45AM

  not by the mint, but private refiners sell them night and day
  as bullion. They are neat, but won't fit too good in the pocket

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• Deadhorse Posts: 3,720 ✭

  December 5, 2005 4:47AM

  Not true SAEs form the US mint, no.
  
  There are .999 fine copies in all weights from 4 ounces to a troy pound done by third party manufacturers. I've got several of them in all sorts of weights. They are worth no more than spot.
  
  

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• JDelage Posts: 724 ✭✭

  December 5, 2005 4:50AM

  Thanks, I was wondering about that.

  "The greatest productive force is human selfishness."
  Robert A. Heinlein

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• Conder101 Posts: 10,536 ✭

  December 5, 2005 7:00AM

  But check them carefully because some of them are only .999 fine silver PLATED over 1 lb of base metal.

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• JDelage Posts: 724 ✭✭

  December 5, 2005 7:02AM

  I'm not buying, I was just curious.

  "The greatest productive force is human selfishness."
  Robert A. Heinlein

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• PerryHall Posts: 46,900 ✭✭✭✭✭

  December 5, 2005 7:10AM

  One Troy pound = 12 Troy ounces and not 16 ounces.

  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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• Deadhorse Posts: 3,720 ✭

  December 5, 2005 7:13AM

  
  
  << <i>But check them carefully because some of them are only .999 fine silver PLATED over 1 lb of base metal. >>
  
  
  
  Right you are. I had a dealer show me a pair of 6 ouncers that he got taken on. They were stamped 1/2 pound troy, but not .999 fine on the back. They sure looked like the real thing, rather, the real copy anyway. They had cameo proof finishes on them as well. A very good job of fakery. I wouldn't have known without cutting into the edge like he did.

  "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
  John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff

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• questor54 Posts: 1,351 ✭

  December 6, 2005 8:18AM

  Objects like this are just very very wrong.
  

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