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 Replies: 13 / Views: 16,871 |
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Valued Member
United States
111 Posts |
I have purchased a one pound 1998 silver proof and it seems to weigh 16 ounces or 14.61 troy ounces and I have seen that these coins are to say fine silver on them and mine does not I was just wanted to know if the pictures look like the coin of this year and type should look as I see a lot of different dimensions like 3.5" and 4" diameter. John  
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Pillar of the Community
United States
1045 Posts |
 John. Check the edge of the coin, some varieties have the .999 fine silver imprinted on the edges. Regards, -Kurt |
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Bedrock of the Community
Australia
21788 Posts |
I didn't realise the U.S. still had Pounds, shillings and Pence!  |
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Valued Member
 United States
111 Posts |
All this coin has is the six digit number on the side. I have seen this auctioned at action house in the past and one from 1997 looking just like the one I have brought $300 two years ago, I guess what I would like to know if anyone has seen this being sold who made it or sold it?
John
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Pillar of the Community
United States
1045 Posts |
I can't seem to find out the name of the private mint that made these. Here is a proof selling on ebay. I am wondering if yours possibly may be a replica trying to pass as the real thing as it looks remarkably different in design, along with the fact that it isn't marked as .999 silver anywhere. http://www.ebay.com/itm/1998-Proof-...em256d1b454c-Kurt PS. I am curious as to where you got the coin from? |
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Valued Member
United States
111 Posts |
I bought this coin on ebay and it was advertised as Carson City type coin does the picture look like it is associated with carson city coins? That and most coins of this size when they are silver I was told are 1/4" thick and mine is 5/16" thick. John |
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Pillar of the Community
United States
1045 Posts |
I am pretty sure the United States mint never issued one pound silver coins. If you have a magnet, see if the coin attracts to it. Something seems wrong about this coin. It just doesn't look right to me and it seems a bit suspicious that it isn't marked as .999 fine silver.
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Bedrock of the Community
Australia
21788 Posts |
On a more serious note, how much does it weigh?
One troy pound is 373.24 grammes.
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Bedrock of the Community
United States
14454 Posts |
I have a 1 troy pound with the date of 1997 but mine has .9999 fine silver on the Reverse of it. I would be suspicious if it didn't have the purity stamped somewhere on the round. Here is mine   Quote:
I am pretty sure the United States mint never issued one pound silver coins. If you have a magnet, see if the coin attracts to it. Something seems wrong about this coin. It just doesn't look right to me and it seems a bit suspicious that it isn't marked as .999 fine silver.
These are not made by the US Mint, they are made by private mints. My wife bought me this one in 1998 from one of those home shopping networks because we were married in 1997. I agree the OPs coin kind of has the layered look like it has been layered in silver over some other type of metal |
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Valued Member
United States
111 Posts |
I think it must of some other material than silver as I did do a density test and it came up as being an 8 and for a piece of silver 3.5" in diameter it should be only .272 inches thick if was a flat disk and my coin is .292 thick and this is the thinnest part of the coin not adding the raised part, that and when I tested it in water the coin uses up about 2 ounces of water space which is way to much for silver and it has no .999 stamped anywhere on the side. I seen one listed on an auction house that sold for $200 two years ago.
This coin is 1 pound us measure not troy pound with only 12 ounces so if this coin where all silver it would have 14.61 troy ounces of silver. I was told buy a silver buyer that it has to be tested to see what percent silver it would have if any.
John
Edited by John1397
03/07/2012 1:08 pm
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Valued Member
United States
111 Posts |
For your information this coin is a plated silver alloy.
John
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Valued Member
344 Posts |
Almost def silver plated.
Just the home shopping network gives that away hehe. Those tv sales things are always selling "gold clad" or "silver proof" stuff. Just a fancy way of saying its plated and worth nadda.
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Valued Member
United States
111 Posts |
I tested coin density at 8.76
John
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Bedrock of the Community
Australia
21788 Posts |
Pure silver is 10.5 tonnes per cubic metre, not 8.76 tonnes per cubic metre.
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Replies: 13 / Views: 16,871 |
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Posted 03/05/2012 07:00 am
