Question

Discussion in 'Coin Chat' started by Lisa228, Nov 25, 2019.

  1. Lisa228

    Lisa228 Member

    This is not a government minted coin correct?? Been having a discussion with someone who says different.. Figured I would get the right response here.. Thanks
     

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  3. Lawtoad

    Lawtoad Well-Known Member

    It is a silver round manufactured by Sunshine Minting. Not minted by the U.S. Government. It is a bullion round sold for it's silver content.
     
    ripple and Amos 811 like this.
  4. Lisa228

    Lisa228 Member

    Thank you very much...I love when I'm right...lol. I appreciate that.. Did not know where it was minted..
     
  5. Amos 811

    Amos 811 DisMember

  6. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Non-Goober.....private mint.
     
  7. TheFinn

    TheFinn Well-Known Member

    Sunshine Mint in Idaho.
     
  8. Clawcoins

    Clawcoins Damaging Coins Daily

    just because it is round, and has a symbol similar to something the US MINT has produced, does not make it a US MINT product.

    just peruse all these copper rounds that have similar design themes of various US Mint coins ... https://www.apmex.com/category/60010/copper-rounds

    peruse all these silver rounds ... https://www.apmex.com/category/25020/silver-rounds

    Yes, if you have the cash even Gold rounds ... https://www.apmex.com/product/31967/1-10-oz-gold-round-secondary-market

    and there are many companies out there called "Mints" because they manufacture "mint" round things. As long as it doesn't state a monetary figure on it you know it's not actually money.

    You may want to remove "someone" from your knowledge base to ask questions to about rounds/coinage ...
     
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  9. COCollector

    COCollector Well-Known Member

    The design of that silver round is based on the "Buffalo" nickel -- a government-minted U.S. coin (1913 - 1938).

    But that does NOT necessarily mean any coin/token/round based on that design is government minted.

    In fact, there are plenty of privately-minted silver rounds based on U.S. coin designs, like these: https://www.apmex.com/category/25155/u-s-coin-replica-silver-rounds
     
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  10. MontCollector

    MontCollector Well-Known Member

    So whatcha bet the other person you were correct? ;)
     
  11. Lisa228

    Lisa228 Member

    Just me proving him wrong. Is good enough.. Oh and the coin...lol
     
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  12. Clawcoins

    Clawcoins Damaging Coins Daily

    This reminds me of a TV ad I just saw today.
    A $2 "coin" (as it is stated on tv) that is the "first silver american double eagle" (I should add .. NOT made by the US MINT) with a $2 dollar value.
    Of course they also briefly mention that it is minted in the "COOK Islands" and is HALF an ounce of silver. All for $19.95 which is MORE than a ONE Ounce American Silver eagle which is made by the US Mint.

    So buyer beware .... below images from ncmint.com
    so comparison
    US Silver Eagle ... 1 oz ... $20ish or so
    fake silver thing below ... 1/2 oz .. $20ish .. and it's only worth MELT or less after you buy it which is less than $9.
    upload_2019-12-23_17-11-35.png
     
    Last edited: Dec 23, 2019
  13. Troodon

    Troodon Coin Collector

    To be fair, the coin does depict American bald eagles, and there's two of them, and the coin does have silver in it. So technically it is indeed a "silver American double eagle." (Maybe it should be "silver double American eagle." Word order does change the meaning a bit lol.)

    It's not fake; it is a real coin, and does indeed have silver in it. But yeah, the premium over silver value means it's overpriced. If it had a full ounce that's a great deal, but with only 1/2 an ounce nope.
     
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