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Picked Up This 4 Oz ? Today

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United States
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 Posted 04/05/2013  9:11 pm Show Profile   Bookmark this topic Add HaroldS to your friends list Get a Link to this Message Number of Subscribers
Went to my LCS today and found this. don't know who made it. Thin and 3 1/2" round, and weighs more than 4 oz. Anyone know anything about this?



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Fuzzy317's Avatar
United States
14463 Posts
 Posted 04/05/2013  9:27 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
Those weren't made by the US mint, but made at a private mint. I have seen those floating around at various auction sites.
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amida17's Avatar
United States
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 Posted 04/05/2013  9:39 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply
American mint and Washington mint both made these. Actually 1/3 troy pound!
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denco7's Avatar
United States
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 Posted 04/05/2013  10:02 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
Actually 1/3 troy pound!


Actually these ( coins ? ) from the Washington Mint aren't considered bullion coins, just silver and are weighed in AVDP ounces and standard pounds.
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sel_69l's Avatar
Australia
21788 Posts
 Posted 04/05/2013  10:25 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
One would presume and hope that these are at least (.900?) FINE silver, as it says on the label.
What sort of 'quarter pound' are they? Avoirdupois or Troy?
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amida17's Avatar
United States
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 Posted 04/05/2013  10:39 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
Actually these ( coins ? ) from the Washington Mint aren't considered bullion coins




What, pray tell, would you call it?

Precious metals should be weighed in Troy not AVDP.

APMEX agrees.... http://www.apmex.com/Product/73505/..._Silver.aspx
Edited by amida17
04/05/2013 10:46 pm
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denco7's Avatar
United States
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 Posted 04/05/2013  10:52 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
What, pray tell, would you call it?


It's not what I call it, it's what they call it. They call it a quarter pound (4 AVDP ounce)exonumia. I am sure the weight further distances them from any Copyright or Hobby Act repercussions.
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United States
292 Posts
 Posted 04/05/2013  11:06 pm  Show Profile   Bookmark this reply Add HaroldS to your friends list Get a Link to this Reply
Thanks all for your fast response! And for identifying it as Washington Mint. I have never heard of Washington Mint. I appreciate the link to APMEX too. I was concerned about the "fine silver" but apparently it is .999. And APMEX confirms that it is 4 troy ounces - I wonder why mine weighs 4.385? APMEX price for the 2012 is $145.48 and I paid $116.68 for a 2000, so I guess that's not too bad.
I'm thinking now that my 2009, 4 oz, .999 $100 bill is Washington Mint too.
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amida17's Avatar
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4897 Posts
 Posted 04/05/2013  11:10 pm  Show Profile   Bookmark this reply Add amida17 to your friends list Get a Link to this Reply

Quote:
I wonder why mine weighs 4.385?


Because your scale is set to oz (AVDP) not ozt (Troy).

4.385 * 28.35 = 124.31 / 31.1 = 3.9972
Edited by amida17
04/05/2013 11:21 pm
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basebal21's Avatar
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 Posted 04/05/2013  11:11 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
And APMEX confirms that it is 4 troy ounces - I wonder why mine weighs 4.385?


Bullion coins are never perfect on weight, plus its not pure silver so theres some extra weight from that as well
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denco7's Avatar
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 Posted 04/05/2013  11:43 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
I stand corrected amida17

Not that APMEX is any authority. But I stand corrected. I have seen several of these in shops and shows , 1/2 pound Eagles, Kennedy's and Franklin's and were always told that, like copper, they were AVDP ounces.

Here is an old thread on the 1/2 ones

https://goccf.com/t/69080
Edited by denco7
04/05/2013 11:56 pm
New Member
United States
2 Posts
 Posted 04/05/2013  11:50 pm  Show Profile   Bookmark this reply Add unclesamsurplus to your friends list Get a Link to this Reply

Quote:
Thanks all for your fast response! And for identifying it as Washington Mint. I have never heard of Washington Mint. I appreciate the link to APMEX too. I was concerned about the "fine silver" but apparently it is .999. And APMEX confirms that it is 4 troy ounces - I wonder why mine weighs 4.385? APMEX price for the 2012 is $145.48 and I paid $116.68 for a 2000, so I guess that's not too bad.
I'm thinking now that my 2009, 4 oz, .999 $100 bill is Washington Mint too.


I bought a 1 pound liberty round a few weeks ago on ebay that looks just like this one but it weighs 373.3 grams and it is marked .999 silver. Divide 373.3 by 12 = 31.1. So apparently 1 troy pound = 12 troy ounces. Your round weighs 4.385 avoirdupois ounces which = 3.9 troy ounces. They are a little unusual which adds to the cool factor in my opinion. This is the piece that I bought.
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Picked-Up-This-4-Oz-?-Today
Valued Member
United States
292 Posts
 Posted 04/06/2013  01:11 am  Show Profile   Bookmark this reply Add HaroldS to your friends list Get a Link to this Reply

Quote:
Because your scale is set to oz (AVDP) not ozt (Troy).

4.385 * 28.35 = 124.31 / 31.1 = 3.9972


ACK! you are right. I just redid it on ozt and it shows 3.995 (I have a cheapie EZ Pocket Scale.)

@ unclesamsurplus: Love your 1#. They've apparently used that design for a while I guess, and on different weights. I do wish they had put .999 on mine, instead of "fine sivler" I wonder why? They could have left out the word "fine" and put .999 in the same space.
New Member
United States
2 Posts
 Posted 04/06/2013  08:58 am  Show Profile   Bookmark this reply Add unclesamsurplus to your friends list Get a Link to this Reply

Quote:
They've apparently used that design for a while


Yes, they have been using this design for almost 100 years. The walking liberty designed by Adolf Weinman first appeared in 1916 on the half dollar.
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