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1st Ounce Of Silver?

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Ed_B's Avatar
United States
4008 Posts
 Posted 01/04/2013  7:14 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Drop it on the table and see what sound it makes, that's am easy way to tell what its made of.

Or, simply flip it smartly into the air with your thumb and forefinger. Real silver will ring like a bell when this is done. Try it a few times because you have to get the hang of doing it just right to hear it ring. Once you have that, then try flipping one of those cupro-nickel abominations. No ring. Barely even a dull thud.
Valued Member
YoungNumismatist's Avatar
United States
360 Posts
 Posted 01/04/2013  8:24 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
It does have a high-pitch ring, so I'm concluding silver. Also, I was doing some online research to see which site has the cheapest generics with the lowest shipping. I found that SilverTowne has fairly low priced generics and some of them even have free shipping. So, I might actually just start to get my silver from them. Has anyone had an experience in which they received fake silver or gold from them?
Valued Member
MrMorgan's Avatar
United States
161 Posts
 Posted 01/04/2013  11:08 pm  Show Profile   Bookmark this reply Add MrMorgan to your friends list Get a Link to this Reply
My LCS was out of silver eagles today too and he said he was running low on junk. In all of my years going there I have never known him to be out of eagles or running low on anything. I know silver dipped but I didn't think it would create a frenzy. I hope it doesn't turn into a trend as I usually try to stop in there once a week.
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basebal21's Avatar
13014 Posts
 Posted 01/04/2013  11:37 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Silvertowne has their own smelter for making their products. Reputable sites like that have way more to lose selling fakes than they do to gain with a larger profit here and there. If you ever happened to get a fake theyd replace for sure.
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YoungNumismatist's Avatar
United States
360 Posts
 Posted 01/04/2013  11:45 pm  Show Profile   Bookmark this reply Add YoungNumismatist to your friends list Get a Link to this Reply
Yeah, that makes sense. Also, since they just recently started selling poured bars, then I'm thinking that they are trying to break out of being called "generic".
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 01/05/2013  12:04 am  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I happen to have a 1/2oz round from them that has the incuse indian $2.50/5 on the obverse and Wheat cent reverse on the back. Golden state mint seems reputable and I wouldn't worry too much. I remember reading a while back, a few members had weighed a bunch of ASE's and found that the majority were slightly overweight by a few hundredths of a troy ounce. This may be result of the mint not wanting to deal with the consequences that will come with underweight coins. I think it is probably the same reason why your round is slightly overweight.
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