1ozt Silver Round | Indian Private Bullion

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Author	Replies: 6 / Views: 1,977
SoCalJake New Member United States 2 Posts	Posted 08/14/2011 11:09 pm Can't identify this round. Obverse looks like Ganesh the Elephant God. Indian? Identified - moved to Bullion forum - Sap Report this Post to the Staff

Sap Moderator Australia 16830 Posts	Posted 08/20/2011 06:38 am It's similar in basic design to this piece, though yours is much better executed. It has the same "Sri" symbol with Devanagari and Arabic numerals "1" inside the circle. I would assume both are Indian jewellery rounds. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
agandau Valued Member Australia 193 Posts	Posted 08/20/2011 08:28 am This is a form of Indian silver bullion. They are not jewellery. Yours denoting 999 fine silver One ounce troy also tends to affirm this. Here is one not identical but very similar, from my collection. Report this Post to the Staff
Sap Moderator Australia 16830 Posts	Posted 08/20/2011 08:48 am I suppose I should have said "jeweller's" rather than "jewellery". Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
agandau Valued Member Australia 193 Posts	Posted 08/21/2011 05:46 am I see, yes, it is something one would buy at a jewellers or gift shop. There has been some development of these from temple token, to Diwali gift item, featuring either Ganesh (shown) or Laxsmi, to the unashamedly "999 fine ounce" written in English, though still carrying some religious motif. I suppose one could call this, the latest reincarnation. Report this Post to the Staff
out4uv8 New Member United States 1 Posts	Posted 12/21/2011 04:31 am Hello everyone. I am not a coin collector but I have recently began collecting silver. Recently I was in Dubai and came across a good deal on these coins based strictly on the silver weight. I bought quite a few, but have had trouble finding a market for them and a true value. These coins come in silver and gold and it seems the designs have changed a little over the years, but they are a coin that I believe comes out annually or near annually for Diwali in India. {Link Removed} Coins convert to $41 US for the 20gram piece. I would assume since mine are currently the common ones on the market that they are current, and because Agandau's look different that he has an older version, but I don't know how much older. Does anyone know of a market for these coins or a more valid price for these coins? Thank you. Derek Report this Post to the Staff
Sap Moderator Australia 16830 Posts	Posted 12/23/2011 12:34 am They're bullion rounds - they won't have any more premium above bullion value than any other privately-made bullion round. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
	Replies: 6 / Views: 1,977

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