1 Troy Pound Rounds - Coin Community Forum

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Author	Replies: 4 / Views: 10,384
tkachukdude7 New Member United States 18 Posts	Posted 05/19/2010 12:47 am Hello everyone, This past weekend I had the chance to visit a coin shop in Wichita. While looking around I stumbled across these three coins. Each coin is one Troy pound of silver. The Silver Eagle in the picture is provided as a reference point to show how massive these coins truly are. I was wondering if anybody on the forum has ever seen rounds like this before, and if you know anything about the creation of the coins. The shop owner had forgotten to update the posted price after silver ran up last week, and was asking $200 for each coin. Though he was aware that he was selling me the silver for a significant discount (less than $17/oz), he still honored his posted price. I'm pretty sure that I got a good deal on these. What do you think? Report this Post to the Staff

wd1040 Pillar of the Community United States 3098 Posts	Posted 05/19/2010 01:26 am I'd say that was a pretty good nab. As long as they're really silver. A troy pound is 12 tr oz, so at 12*19 you got a pretty good deal. Report this Post to the Staff
BH1964 Bedrock of the Community United States 10982 Posts	Posted 05/19/2010 01:33 am I've owned a few Franklin Mint ASE knock-offs that were 8 and 16 troy ounces but never did pick up any that were 1 troy pound. Mine were marked .999 Fine Silver and I hope yours are too. If they are not, then they are likely silver or nickel plated. Edit: Please read this link on fake silver rounds: http://reviews.ebay.com/One-Pound-S...000001442180 Your rounds fall into this category unless they have the rims marked with actual silver content. ANA #R3154474 Edited by BH1964 05/19/2010 01:39 am Report this Post to the Staff
simba86 New Member United States 16 Posts	Posted 08/12/2011 10:31 am i have heard there are fakes out there of these, a gold and silver dealer I know said he bought 10 , he got scared of them and cut them in half to make sure they was silver and 2 of them were silver plated lead, scary. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 08/12/2011 1:24 pm my ASE round says one troy pound on it. What scares me about yours is I do not see the fineness of the silver on the round. Mine has .999 fine silver, its usually the ones that do not have how fine the silver is that are just layered in silver Report this Post to the Staff
	Replies: 4 / Views: 10,384

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