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Replies: 14 / Views: 1,702 |
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Valued Member
United States
56 Posts |
  *** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
United States
2189 Posts |
Technically it's not a coin. It's Silver bullion made from a private mint,not the US mint.Current melt value for 1 Troy oz of .999 silver is 17.69 but a collector of older bars/Rounds or fantasy pieces might pay more than melt. Someone correct me if I'm wrong. Here's another one on ebay diff date.There's actually a lot of these on ebay. http://www.ebay.com/itm/1986-A-Mark...AOSwmtJXaBIl Personally I wouldn't pay more than $18.00
Edited by jasper62 10/18/2016 7:48 pm
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
797 Posts |
That one should be worth solely melt value. Its been harshly handled/cleaned and has lost its potential collectors value.
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Bedrock of the Community
United States
94367 Posts |
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Pillar of the Community
United States
1119 Posts |
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Pillar of the Community
United States
1277 Posts |
I'd pay the extra 50 cents or whatever for a pristine silver round
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Pillar of the Community
United States
4211 Posts |
 Look for a more pristine example which you can probably find for less than $20
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Valued Member
 United States
56 Posts |
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Bedrock of the Community
United States
11951 Posts |
I would pass. A lot,of this same round go through a LCS. They sell them around $2.00 over spot. These are made just for silver bullion. That one should look like this. [url][ http://www.ebay.com/itm/1985-A-Mark...IgNXnAx2/url] Edit ...taking a second look at that one .. I am not even sure it is authentic. There are a lot of fake silver rounds out there.
Edited by GR58 10/19/2016 12:33 am
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Valued Member
United States
408 Posts |
Based on condition and silver content, I would pay for only the silver content. Tops I would pay is $19.00. Anything more is a waste of money. I don't know if you want to buy 10oz of silver, but JM Bullion is offering a ten oz bar at spot price right now. Limit of one. http://www.jmbullion.com/starter-pa...E6gQodaZIKwQThis would be a better investment opportunity for you.
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Bedrock of the Community
Australia
21786 Posts |
You should satisfy yourself that the implied bullion silver value in them is what they proport to be, before making a decision to buy. If you are buying bullion silver in coin form, better to stick to ASE's, because everybody knows what they are, and are far easier to re sell.
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Pillar of the Community
United States
1499 Posts |
It's a piece of junk that is worth a lot less its melt value because it is corroded and not a regular U.S. Coin.
Some of these things are not always made of silver. Some of them are aluminum or white metal which corrodes far easier than silver. Beware.
Edited by billjones 11/07/2016 2:56 pm
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Pillar of the Community
United States
4211 Posts |
I agree that you could find a much nicer example and bullion rounds are easy to find in pristine condition for just a little above spot. Just make sure you are buying from a reputable seller. Not someone with a craigs list ad until you get real experienced in buying silver. Not saying this is the case with this round but just be careful where you buy from.
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Pillar of the Community
United States
4415 Posts |
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Replies: 14 / Views: 1,702 |
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