Hi guys, Firstly, I apologize for these terrible photos. I am a silver stacker, and came across a selection of 90% silver from a dealer. Took a chance on 10 coins bought at spot price. This one coin, however, I could not identify. I have very little numismatic knowledge but decided to go through the entire coinfacts.com database for the morgan coins/trade coins and could not identify this one in particular. The obverse has no date. The reverse side notes "One Troy Ounce" at the top, "999 Fine Silver" at the bottom, and underneath the scale is some severely deteriorated lettering, but the last three letters, "AMS", I can make out. Again, no date. Any help would be much appreciated. Thanks! -Matt
It is not a Morgan Dollar. It may be a silver round. No idea who could have produced it. Are you sure it is 0.999 silver?
Welcome to the neighborhood, Matt! It is not a coin. It is a "silver round" or bullion if you wish. This is just a guess, but beneath the scale may have been the weight in grams. Chris
The closest coin I found to this one is: http://cgi.ebay.com/1-TROY-OZ-MORGAN-TRADE-UNIT-31-1-GRAMS-SILVER-ROUND-/380302715744?pt=LH_DefaultDomain_0&hash=item588bceeb60 They both have scales but of different designs. The coin mentions "999 fine silver" and the "ams" makes sense to "grams" Thanks guys. I'll keep looking. If it is categorized as a round, is it essentially only worth its weight in silver, because were produced by private companies and not actual currency? Are there rare rounds priced higher than silver content? Thanks
(1) put it on a coin scale, 1 troy oz will weigh 31grams, if it weight less then 27 grams, it fake silver bullion. (2) without a coin mint name, it fake.
