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Advice On A 4 Oz Engelhard Old Pour.

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Pillar of the Community
Canada
834 Posts
 Posted 04/08/2013  11:35 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list
I'd love to see some close up pictures.

Something is just not sitting right, in my opinion.

Looks like the fake 2,3 and 5oz bars we are coming across in Toronto lately coming from out west.

Someone has been melting down generic silver and making these Engelhard bars, which appeal to collectors

New Member
Canada
37 Posts
 Posted 04/08/2013  11:42 pm  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
I know that this matches later pressings in layout(like the third pressing.)
But the price of $10 retail definitely puts it pre 1974(first run of 4oz bars) as Woodwards was a well run National Brand store and only sold such things at a profit for themselves.
Meaning that silver had to be below $2.50 per oz at the time....meaning 1974 and earlier.

Could I possibly have proven that the other three examples of first pressings are not the first layout ,
but that engelhard changed the layout early , say after the first 10-100 bars...
Pillar of the Community
Canada
834 Posts
 Posted 04/08/2013  11:50 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list
Dont pay attention to the price tag, for all you know someone just wrote that on at anytime. Ink doesn't look to faded to me.

Engelhard bars in that size never came in bags, only a very few sizes of bars did and they we're almost in a shrink wrap type bag.

I'd be interested in up close pictures of the 999 and the 4 in 4.000 as well as a clear picture of the serial number and back of the bar.

Some things are sticking out as huge red flags to me, making me think this may be a copy fake that have been popping up around here.
New Member
Canada
37 Posts
 Posted 04/08/2013  11:55 pm  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
I can assure you that this is not a fake Engelhard bar.

I am no expert but it slipped in to a local coin shop
( The owner of above mentioned shop used to own the shop that operated in the Hudson's bay Company coin department)
There is an auction at the shop every Saturday and it is in a very OLD MONEY neighborhood of Vancouver.
With many wealthy old residents.
On top of all that , who in their right mind is going to fake a silver bar and put it in a package from a store that closed 20+ years ago , I mean come on , they faked a Woodwards sticker too?!?
NO
This is the real deal.

It weighs 126.4 grams in the Plastic
which is exactly what it should be allowing 1-2g for the plastic as it is thick and old.
New Member
Canada
37 Posts
 Posted 04/09/2013  12:17 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
First of all
The price tag is actually very important.
If you don't understand art and history , this is called provenance , and it is extremely important.
I never said that Engelhard Bagged it but Woodwards clearly did. their coin shop was well known as was the Bay's here in Vancouver.

I have busted fake coins before so I am no fool.

The weight is correct , the price for the timeline is correct for the first pressing.
and if you notice in the first pressings , one of the nines in 999 is sitting high , well guess what....
One of my nines is sitting high. Little details that create a clear picture. Now I can understand your being skeptical and all considering how valuable this could be provided it is real.
Do you really think someone would fake a bar with a 4 for a serial Number? I think that might just draw a heck of a lot of attention to the bar , getting that person caught as a result.
I believe this is from the first 10 4 oz bars produced by Engelhard , given the high 9 , the price tag , and the no plus.
All three point to early.

I will upload more pics later tonight , but I will not be removing it from the plastic as it is sealed and will stay that way.

I bought the bar from All Nations Coin and Stamps (Formerly of the Hudson's Bay Company) here in Vancouver at their local weekly auction. A very reputable store with a long city history and a people you can trust.

And so you know
It was estimated for auction at $150 , just over the value of silver bullion. No one there knew what was sitting in front of them but me.

And I bought itfor $340!

It was not advertised as a rare bar as it was not thought to be. Counterfeits often try to sell rare fakes as the rare originals , this was not the case at this auction.
It just sold as 4 old oz of AG

Secondly , pen ink from the 1970's would not have faded in such a short time had it been in a drawer or safe and not exposed to light , moisture or the elements.

Thanks

My apologies if I ramble , but I want to get all of the facts out on the table about the bar.
Edited by Gofindtreasure
04/09/2013 01:13 am
New Member
Canada
37 Posts
 Posted 04/09/2013  12:24 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
here is an up close photo

Advice-On-A-4-Oz-Engelhard-Old-Pour.
New Member
Canada
37 Posts
 Posted 04/09/2013  12:36 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
A big factor for me here , Is that no one can show me a bar with a serial number below the low 200s
So how can you know , without a legitimate example of a one digit serial Number
what they looked like......

Can anyone provide me with photo references of this bar being faked with a very low serial number and packaged in a Woodwards bag?
If you can I will say shame on me and feel quite stupid.
Soooo.....
New Member
Canada
37 Posts
 Posted 04/09/2013  12:48 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
Specs on the bar

126.4 g in the bag

Bar is slightly wider on top than bottom ( like a loaf of bread )

Top measures 1 and 9/16" x 15/16"

Measures 7/16" tall from bottom to top edge though bar gets higher as it rounds the top past the edge.

Bottom measures 1 and 7/16' x 13/16"

No magnetic

I will be having the bar put through an X ray later this week
Pillar of the Community
1283 Posts
 Posted 04/09/2013  01:05 am  Show Profile   Bookmark this reply Add throwbackid to your friends list
Looks real to me and if your story is legit it is almost like finding a lotto ticket. I would personally sell it as quick as possible transforming it into bulk silver/gold weight.

I just can't understand why someone would give that kind of money for 4 ounces of .999.

Congrats
New Member
Canada
37 Posts
 Posted 04/09/2013  01:17 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
Thanks Throwbackid :)

I thought proir to the auction that many would know what was before them and I would surely be outbid.

Pre auction bids rose the original estimate from $150-302.50
I was the only live bid at auction for $340 and it was done.
All that worry about being outbid for nothing.
It was like sitting on a bed of nails for days while I waited for the auction to take place.
New Member
Canada
37 Posts
 Posted 04/09/2013  01:21 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
Edited by Gofindtreasure
04/09/2013 04:53 am
Valued Member
Canada
281 Posts
 Posted 04/09/2013  03:23 am  Show Profile   Bookmark this reply Add miggs to your friends list
It sure looks real to me also. With the weight,magnet test and its provenance.
I'm just wondering why Engelhard uniquely stamped these bars differently?
NO 2 are exactly the same. No standard punching.
Well if number 261 sold for $4485. Can you imagine what number 4 will fetch?
With only a 1000 minted.
Bedrock of the Community
United States
10982 Posts
 Posted 04/09/2013  03:27 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
As a new member you are not allowed to sell it on CCF. There are some hardcore Engelhard bar collectors on the PM forum at Collectors Universe. You might want to post it there and get more insight.

Good Luck!
ANA #R3154474
New Member
Canada
37 Posts
 Posted 04/09/2013  05:27 am  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
Thanks again for all of your advice thus far :)
New Member
Canada
37 Posts
 Posted 04/09/2013  2:05 pm  Show Profile   Bookmark this reply Add Gofindtreasure to your friends list
Does anyone know of an authentication service that I can use to authenticate this bar?

Thanks
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