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Suggestions For Some World Silver Proof Coins?

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Sidekick-CA's Avatar
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509 Posts
 Posted 08/25/2011  4:34 pm Show Profile   Bookmark this topic Add Sidekick-CA to your friends list Get a Link to this Message Number of Subscribers
Hope I have the right forum for this.

I'm within 2 coins of completing my Morgan date set and have started out on world proof silver 1 oz coins with a couple of ASE's and one Mexican Libertad. This isn't for investment purposes, just for my own collection so the buy/sell, profit margin is not an issue. I've looked at the Canadian, Chinese, Australian coins and plan to include them but other than that, haven't been able to find any from other countries. I've found many, many coins from other countries but not the 1 oz. silvers.

Any suggestions would really be appreciated. I'd like to get an album going of 1 oz. world silver coins with at least one coin from as many countries as possible. Thanks a bunch.
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nohope587's Avatar
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 Posted 08/25/2011  4:38 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
World Crowns are an expensive never ending en-devour...

Suggestions-For-Some-World-Silver-Proof-Coins?
Suggestions-For-Some-World-Silver-Proof-Coins?
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Sap's Avatar
Australia
16806 Posts
 Posted 08/26/2011  03:46 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Very few countries actually make 1 ounce bullion coins, proof or otherwise. The only countries that do are (a) rich, (b) have silver mines, or (c) are "flag of convenience" countries for one of the larger private or semi-privatized mint-corporations.

In category (a), we have America, Canada and the Great Britain "Britannia".

In category (b), we have Mexico, China and Australia. Note that there are two separate Australian bullion coin series, the Perth Mint's silver " Kookaburra" and the Royal Australian Mint's silver "skippy". Both are legal tender Australian coins.

In category (c), we have things like:
- Tuvalu, such as the "Dangerous Australians" dollars which include the Red-Back dollar, courtesy of the Perth Mint, which is owned by the Western Australian government. Perth Mint has also struck 1 ounce collector coins for Uganda, Cook Islands
- the Fijian "turtle" made by the "New Zealand Mint", a private mint. The same company also makes the New Zealand "silver fern" but they're not legal tender. Many of the coins from Niue and Cook Islands also derive from here.
- Isle of Man, courtesy of the Pobjoy Mint, Britain's largest private mint. 1 ounce coins from other British territories such as the Turks and Caicos Islands are usually their work, too.
- Marshall Islands, courtesy of the Roger Williams Mint in the USA; you want to look for the ones with $50 face value, though the Marshall Islands have since retroactively demonetized these coins so they are no longer legal tender.
- Liberia and Somalia, thanks to a whole bunch of private mints in America such as National Collectors Mint. Since Liberia and Somalia were both anarchies at the time the coins were issued, one has to wonder about their "legal tender" status, too. Many are not listed in the Krause catalogue for this reason.

Many countries, in all three categories, have long traditions of issuing silver coins that are not exactly 1 ounce of .999 silver, but are nevertheless treated as "bullion coins". France, Germany, Poland, Russia, South Africa and others all have long series of sterling silver coins, in all sorts of weight standards. The "ounce" is, after all, an English-based unit of measurement, and not something that non-English-speaking countries have a natural affinity for.

There are also some countries that come close: Peru, for instance, has issued coins containing 1 troy ounce of silver, but made of .925 sterling (and so weigh slightly over an ounce), while Singapore has made sterling coins that weigh exactly 1 troy ounce (and so contain only 0.925 ounces of silver).
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
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 Posted 08/26/2011  3:22 pm  Show Profile   Bookmark this reply Add Sidekick-CA to your friends list Get a Link to this Reply
Thanks to both for the great info. I can see I have a lot of research to do. Had no idea it was this complex. Spent a very pleasant 45 minutes or so on your coins page nohope. Looks like you've been at it for years yet your personal "about me" says you're a recent collector! Don't know if you had to research that info Sap (if not you're a walking encyclopedia) but it certainly is comprehensive and helpful.
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nohope587's Avatar
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5953 Posts
 Posted 08/26/2011  5:08 pm  Show Profile   Bookmark this reply Add nohope587 to your friends list Get a Link to this Reply
My site does not get quite the attention I should give it so its a little outdated in 2003 when I set it up I was a Hoarder not a collector
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