| Author |
 Replies: 9 / Views: 1,803 |
|
|
New Member
United States
1 Posts |
I found this coin while going through my wife's fathers estate coins. It looks to be a Peace dollar but it has no year on it, the "U" in TRUST is a "U" and not a "V", it is a strange matte finish, on the back instead of stay "E PLURIBUS UNUM" it says ".999 FINE SILVER, where the standard Peace dollar says "ONE DOLLAR" this coin says "ONE TROY OZ.". Also, when you turn the coin over the back is upside down compared to the standard Peace dollar. There is also no artist mark on the front under the head and no mint marking. If someone knows what this is I would greatly appreciate some enlightenment on this coin.  |
|
|
|
Pillar of the Community
United States
4846 Posts |
it's called a silver round, and has never been currency, though it looks like a Peace dollar, it's not. The value is maybe a bit above spot. It's basically like a silver bar |
|
Pillar of the Community
 United States
5953 Posts |
lafaa123 is correct its a privately minted silver round containing 1 oz of silver.
|
|
Pillar of the Community
United States
1882 Posts |
Gonna agree with the previous answers, except to say that it *might* contain an ounce of silver.
|
|
Pillar of the Community
United States
2757 Posts |
what years were these silver 'bars' made?
|
|
Pillar of the Community
United States
2150 Posts |
If there isn't a date on it, then your guess is as good as mine. Like others have said these were privately minted, most likely in the millions. Most likely there is no way to tell when or how many were minted unless there was a assay or batch number on it and even then you would have to contact the company that produced them for that info. They could be still minting them today.
|
|
Pillar of the Community
United States
3098 Posts |
I don't think many silver round manufacturers date the coins because that'll mean new dies every year. There's different dates for different rounds (a lot of different refiners make a lot of different) so the best guess is to look at the striking quality.
|
|
Pillar of the Community
United States
1882 Posts |
Quote:
If there isn't a date on it, then your guess is as good as mine. Even if there is a date on it, your guess is as good as mine. :) |
|
Pillar of the Community
United States
2150 Posts |
|
|
Bedrock of the Community
United States
14454 Posts |
it is just a silver round, Peace dollars were not .999 percent pure silver. This would just be worth what ever spot for silver was worth on that particular day and plua maybe a dollar or so if you liked it |
| |
Replies: 9 / Views: 1,803 |
|
Posted 04/14/2010 9:42 pm
