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 Replies: 15 / Views: 8,457 |
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New Member
United States
6 Posts |
Hello, What is this coint? It's about 2 inches across. I have tried to find any mention of this coin on the internet and can't find one. The front says "American Bicentennial 1776-1976" and has a picture of what appears to be Paul Revere on a horse. The obverse has a building of some kind with a flag flying above it with "The Englehard MInt Carteret, New Jersey" and the letter "E" Any help would be most appreciated. Image:  coin.jpg85.03 KB Image: coin2.jpg68.33 KB Edited by akshelby
12/14/2008 10:35 pm
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Pillar of the Community
United States
3098 Posts |
 to the forums! To start, Engelhard is one of the foremost silver refiners in the world, and even though it was bought out by BASF I think, their silver bars are still valued for their purity. You can go to ebay and search Englehard, and you'll get a few thousand results for their bars. They also mint rounds too, not coins because they are not issued by a nation. For this one, I think this is very special because Engelhard doesn't make many rounds, and plus it was minted for only probably a short time to commemorate the bicenn.  |
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New Member
 United States
6 Posts |
Thanks. I suppose I should have added in the description (for those who may not be able to look at the attachments) that the coin appears to be gold. I'm not sure if it is, as there is no mark for purity or weight on the coin which one would expect from an Engelhard product.
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Member
United States
917 Posts |
They have made Gold rounds in the prospector style we normally associate with silver rounds.
Any gold round by Engelhard is going to be pretty rare not to mention valuable.
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New Member
United States
6 Posts |
Oh, and thank you for clarifying the difference between a coin and a round. I'll try to use the correct terminology in the future.
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Valued Member
United States
365 Posts |
Thanks for posting about Englehard rounds, I've been wondering what the deal is with these.
So do I understand correctly that these rounds can accrue value as more than just bullion? Are there price guides for these things just as there are for state coinage?
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Pillar of the Community
United States
3098 Posts |
Well, because it's not exactly coinage and mintages can go all over the place, it's hard to tag a number on this. But because it is made by a trusted refiner and because it's more special than just a bar, it certainly does, if not much, a premium over just spot bars. I bet the best price guide as of now is ebay... |
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New Member
United States
6 Posts |
Yes, I've seen the gold and silver Prospector rounds all over the place, especially on ebay but not one with these particular markings on it anywhere. |
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Member
United States
917 Posts |
The engelhard silver rounds were last produced in 1988 , they do command a higher price which is odd as I regularly buy Canada 1oz .9999 silver coins for considerably less.
Purer silver cheaper ..go figure
Edited by wetglaswegian
12/31/2008 7:22 pm
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Moderator
 United States
187702 Posts |
Quote:
...even though it was bought out by BASF I think From Wikipedia: "In 2006, BASF bought Engelhard for $5 billion."No reference link given, so take it for what it is.  |
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Pillar of the Community
United States
5604 Posts |
I have an 1985 ENGELHARD round, "the american prospector", sweet round, 1-troy ounce, 999+ fine silver, i'll try to post it, MIKE
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Valued Member
United States
300 Posts |
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New Member
United States
6 Posts |
I took it to a local coin dealer who tried to find out something about it as well. He could not. He said it might be gold plated silver. But he did not recognize it at all. But, I also live in a very small town.
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Member
United States
917 Posts |
This looks a lot like it http://cgi.ebay.com/ws/eBayISAPI.dl...310116210293Ive not seen any .999 engelhards that didnt have it on there.Its interesting this seller advertised it as silver but disclaims it in the description saying its unknown what it is. |
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New Member
United States
6 Posts |
The front of it does look almost exactly like it! Their picture is pretty bad. And it is odd for it to say "Engelhard" but not say .999 silver. I'm wondering if someone was ripping people off around the bicentennial. I just want to find out what the story is behind it. Thanks for pointing this out to me.
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Member
United States
917 Posts |
It ended at $6.60 + 3.00 shipping , one thing about ebay is there are enough people watching silver and have done the homework.Id have expected any 1oz .999 round to reach $12 easily.The selling price is a good indication as to what its made of.I could be wrong though. |
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Replies: 15 / Views: 8,457 |
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Posted 12/14/2008 10:33 pm
coin.jpg
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