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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

Needing Help With A Coin.

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Author Previous TopicReplies: 2 / Views: 1,027Next Topic  
dezertrat
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United States
1 Posts
 Posted 04/29/2006  11:37 pm Show Profile   Bookmark this topic Add dezertrat to your friends list Get a Link to this Message Number of Subscribers
I have picked up a nice coin and am needing help.
At first glance it looks like a morgan but the reverse does not match.
this coin is a 1896 with a morgan obverse.
the reverse says one troy ounce across the top
and .999 fine silver and silver trade unit across the bottom.
the picture in the middle is of a scale.
I have searched on the internet and came up with a morgan commemorative. But on the commemorative coin it did not have a date on the obverse. and on the reverse under where it says one troy ounce at the top it has a 3.11 gram weight. So if there is anyone that can help me figure this out.
Bryan1315
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United States
14454 Posts
 Posted 04/29/2006  11:50 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
What you have there is a bullion coin, not really a US mint coin, it was probably minted by a personally owned mint and its worth as much as the amount of silver its made out of. The term "coin" shouldnt be used on this because a "coin" has to have a face value stamped on it to be a "coin". if it doesn't have a face value its not a coin its a bullion round with a coin design. The Silver eagle, even though was never meant to trade at face value is still considered a 1 dollar coin because it has a face value of 1 US dollar so its a coin, even though when minted it was made to be a bullion peice
Edited by Bryan1315
04/29/2006 11:56 pm
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Becky
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United States
954 Posts
 Posted 04/30/2006  10:41 am  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Welcome!! Yep, it is silver bullion.
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins



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