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 Replies: 12 / Views: 13,827 |
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Pillar of the Community
Japan
666 Posts |
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Pillar of the Community
United States
3453 Posts |
To my knowledge, the mint did not create 1 pound silver eagles. It is possible that this is a silver round privately minted - rounds are often collected. There are ways to test for silver content so it may be worth a pretty penny if silver.  |
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Pillar of the Community
United States
4897 Posts |
I've handled these before... If I remember correctly Washington Mint? Really only worth the silver value file into it and throw some 18k acid on it you will know immediately. Always confusing because they use AVP weights and not Troy weights. Could the scale be off?
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Pillar of the Community
United States
2543 Posts |
I have seen these at the coin shop. They are beautiful and rather impressive. They originally came with a COA.
They were minted as 16 troy ounces from the Washington Mint, Continental Mint,the infamous National Collectors Mint and a few others I believe, but we all know a troy pound is only 12 troy ounces. So if we do the math it should be 16 X 31.1 = 497.6 grams right ? So you are about a troy ounce and a half short of an AVP pound.
But it appears that this one is 3.6 grams short of 16 AVP ounces, which is generally within the +/- of private mints. The quality control of private mints is generally " close counts "
Edited by denco7
01/30/2013 09:57 am
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Pillar of the Community
Canada
3167 Posts |
Hmm, neat! Never heard of them before!
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Pillar of the Community
United States
1200 Posts |
@bekiz---You've given me a case of classical Freudian "Bullion Envy" because yours is bigger than mine! I've got the 8 oz version of this one. If I'd known there was
a 16 oz version, I would've waited until I found one of those before I took the plunge. Oh, well. Good thing our local monthly coin show is this coming Sunday...
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Pillar of the Community
United States
1391 Posts |
It doesn't look like the Washington Mint version, the Washington Mint ones I've seen (with a COA), the nose on Liberty looks a little more Roman.
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Valued Member
Canada
189 Posts |
It is possible that each coin is minted slightly different especially being a one pound coin. I would expect some variance in weight.
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Valued Member
United States
456 Posts |
The difference could also be from the (lack of) accuracy of your scale. Has it been calibrated and/or are you sure of its accuracy to three significant figures, let alone four at that weight? Just a thought. I know this isn't your first large silver buy, but I guess I'm not sure if you've used the scale on those other large items before.
Edited by SDCrow
01/30/2013 2:51 pm
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Pillar of the Community
United States
1721 Posts |
I noticed the reeding on the edge does not do a complete 360 around the coin. Does the unreeded area below the date have any markings?
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Pillar of the Community
1283 Posts |
They aren't worth but what generic silver goes for in your way but it's real, made by the Washington mint. I would probably list it on ebay to get rid of it as someone there may give you a premium for it. I am not a fan of the Washington Mint's product just look like cheap replicas to me. But heck, If you bought it for the right price silver is silver in my book. |
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Bedrock of the Community
13014 Posts |
Quote:
I would expect some variance in weight.  Even the most quality controlled highest premium coins from the mint have weight variances |
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Pillar of the Community
 Japan
666 Posts |
Thanks for your reply, gentlemen.
offered price is below spot
I'll think if I should go for it or wait for some more recognizable coins ...
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Replies: 12 / Views: 13,827 |
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Posted 01/30/2013 08:32 am
