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Replies: 15 / Views: 2,425 |
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Pillar of the Community
United States
3670 Posts |
So most all my silver is 1 oz., minus a handful of exceptions, and my largest is a 12 oz. Ben Franklin 100 dollar bill which is pretty rare, as I had not found another until this example below. I have no plans to bid on any of these auctions, just thought it would interesting to see how far beyond that $480 spot price this 100 dollar silver replica goes since I have one as well.... http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:ITThis person has like 5 or 6 auctions running with all large bars and rounds totalling 98 oz.. I thought it would be interesting to see how much his Ben and other big bars and rounds will bring right now with silver at 40 an oz.. Their big Ben bar is setting at $520 with two days left. As the bigger silver gets, the less popular it appears to be minus like large high quality/name bars. It appears to not have a case as well as does all his pieces. And if they do have them there not helping themselves with no info or pictures, as I would not want a large piece like that exspossed to the elements and finger prints.... Interesting that the dealer claims it is a "heavy bar", as the scales show 13.5 oz.... Edited by Silverhawk74 07/24/2011 03:13 am
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Pillar of the Community
1283 Posts |
Yeah, that is a little to much variance for my liking. I mean why would weigh a whole 1.5 ounces more?
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Pillar of the Community
 United States
3670 Posts |
That is odd, as I would figure the mint has scales, not to mention exact molds for these....
I need to get a set of those scales, and weigh my stuff as well. Curious, is there an option on the scales for both weight systems, via troy and the other? And I did not do the math on this, but could it be it is not being weighed in troy oz.?
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Pillar of the Community
United States
931 Posts |
Hawk, I saw one of those big Franklin $100 ingots on AANTV Friday night. I didn't catch the final price but it was over melt I know. I think silver is silver big or small, but I personally have been sticking to Eagles, Pandas and Grizzlies. I just like having my coins fit well into airtites because I'll probably have them until I'm pretty old. I'm 54 now so I have a ways to go I hope.
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Pillar of the Community
 United States
3670 Posts |
Yes I agree Junior E, I just have that one for novelty really....
"AANTV Friday night"
I am not aware of what this is, and if I can access it in my area?
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Pillar of the Community
United States
830 Posts |
13.5 oz = 12.30 troy oz Typical ebay fool ya technique, make you think oz = troy oz and you pay more.
Edited by GoThunder 07/24/2011 3:33 pm
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Pillar of the Community
 United States
3670 Posts |
I had figured that Thunder, good call. Lets see if it works, lol....
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Pillar of the Community
United States
931 Posts |
AANTV is a 24 hour a day auction network. I have Direct TV and it's on channel 324. It stands for America's Auction Network Television. They have coin and currency auctions two nights per week. If you can't get it on Cable you can watch the live broadcast on the web if you have High Speed Internet. AANTV.com. Some of the prices go way up there due to th usual uninformed public. Their gold goes for such high auction prices I think a lot of viewers think that it's the only place to buy real gold. Unslabbed half eagles regularly go for over $600 and one ounce Eagles go over $2000 usually. Sometimes you can get a pretty good deal if your timing is right.
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Valued Member
United States
362 Posts |
The premiums on those are usually too high for me to even consider. Just doesn't seem worth it IMO. But I have see a couple cases where the bars are fake. Just searching on YouTube for fake silver http://www.youtube.com/watch?v=2Fjp...gdata_playerThey have an interesting looking silver dollar with a Morgan design. I think I'll stick with ASE and bars that you can get much closer to spot. But they are really cool looking!
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Pillar of the Community
 United States
3670 Posts |
I can see you, that video is a huge eye opener thanks. The Morgan bar in it is scary similar to mine. The difference is mine has a COA "Global mint", so I think I am o.k., even though that COA could be faked way easier than the bar, lol. Also, the fake was stamped from the side .9999, and mine has it engraved on the front.... I have three of those 2 oz. coins, one exactly like the fake one he had, minus mine is gold plated and comes again with COA signed by Arthur Blumenthal.... http://www.coinlink.com/News/press-...ns-new-york/Could a magnet test tell me if there real? No way I am scratchin the bar like the guy did in video to expose that copper. And an acid test is out fo the question, and it requires a deep scratch to perform as well.... I think these pieces are no doubt good to steer clear of in the future, bu then again there is probably a fake out there for every piece of gold or silver I own....
Edited by Silverhawk74 07/25/2011 03:03 am
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Pillar of the Community
United States
830 Posts |
Quote: And an acid test is out fo the question, and it requires a deep scratch to perform as well.... Maybe do it on an edge like the Pawn Stars guy does this test: http://www.youtube.com/watch?v=e6mq...ture=relatedI know if I were a buyer of that I'd rather it be tested real and have a slight file mark than perfect and unknown.
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Valued Member
United States
362 Posts |
Sorry I didnt mean to freak you out. Its hard to tell sometimes! If you have something you know the size of it can be easier because you can just weigh it. For example, an ASE has to be a certain size. If someone was going to make a fake one, it would have to match the exact size of others. But then the weight would be different. With something that weighs 12 ounces, It can be the incorrect size, because most people probably dont have anything that they can compare it too, So then you can actually make it weigh 12 ounces using a cheap metal. It would probably be larger then what silver would need to weigh 12 ounces, but how would someone know?
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Pillar of the Community
 United States
3670 Posts |
Its all good ICSY. Considering all my pieces have COA's from established mints, I am not gonna sweat it. I will buy some scales and see if the weights all line up....
Yeah Thunder I watched the Pawn stars video, interesting info....
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Valued Member
United States
304 Posts |
Quote:Its hard to tell sometimes! If you have something you know the size of it can be easier because you can just weigh it. For example, an ASE has to be a certain size. If someone was going to make a fake one, it would have to match the exact size of others. But then the weight would be different. With something that weighs 12 ounces, It can be the incorrect size, because most people probably dont have anything that they can compare it too, So then you can actually make it weigh 12 ounces using a cheap metal. It would probably be larger then what silver would need to weigh 12 ounces, but how would someone know? Use a displacement test to test the volume of the object. Simple science really. If the weight matches with what you know it should on an accurate scale, then see how much water it displaces. Have a sample in the same amount (weight) which you know to be actual silver and see how much water that displaces. If it's in fact real silver and weighs the same as the sample of silver, then they both should displace the same amount of water (meaning they have the same volume). Few things to keep in mind, the container and the method of marking displacement may not allow for the amount of accuracy you need. Also, be sure you mark a starting line for the water and after the first displacement make sure the water level is reset to that line. When you do the first test, the object (silver), your hand or whatever you use to remove the object will remove some of the water with them.
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Pillar of the Community
United States
4008 Posts |
Quote: Could a magnet test tell me if there real? Probably not, Hawk. Magnets only attract things that contain iron or nickel. In the chemical business we used magnets to spot stainless steel. A magnet would not stick to SS but it does stick to any other kind of steel or to nickel. One of the better non-destructive tests for silver is to do a density test. This is done by measuring the volume in cm^3 and getting an accurate weight in grams. Since silver density is 10.49 g/cm^3, the density of any coin or bar purporting to be .999 silver should be very close to this number. This test can be fooled by a careful counterfeiter but it works pretty well most of the time.
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Rest in Peace
United States
9104 Posts |
sh74-
Harbor Freight has scales that weigh both oz, dwt, grains, grams, points, up to a # or so, around $13.
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Replies: 15 / Views: 2,425 |
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