Silver Rounds or Silver Bars, Post Em' if You've Got Em'!

Discussion in 'Bullion Investing' started by fretboard, Aug 19, 2020.

  1. beaver96

    beaver96 Well-Known Member

    Staying in Australia. thumbnail_IMG_0996.jpg thumbnail_IMG_0993.jpg thumbnail_IMG_0999.jpg
     
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  3. harrync

    harrync Well-Known Member

    Interesting info. You are most likely right that 1960 was the last year that they produced stamped bars, but I suspect they were producing unstamped bars after that. Why? When the Treasury announced that silver certificates would no longer be redeemed for silver based on $1.29/oz after June, 1968, my brother and I started buying up all the certificates we could get. Most at $1.05, but we went as high as $1.10. Then when we had a bit over a thousand dollars worth, we took them to the SF Assay Office [now the mint again] and redeemed them for silver bars. [More than one person said we were fools to redeem them, since they would be rare collector items for sure.] You had to have over $130 to get a bar, because they were all 100 oz, plus or minus a bit. The disappointment was that the weight and other ID was done with a felt pen! Since the demand for these bars did not begin until the mid 1960's, I suspect they were produced around 1965-1968. No way to really prove they were mint products, so when silver spiked in 1979-80, I am afraid they did go into the melting pot. If you didn't have $130 worth, you got little manila envelopes with $1 worth of silver granules in them. I still have one of them. They only other place to redeem silver certs was the New York Assay Office.
    silver baggie 3.jpeg
     
    Last edited: Oct 14, 2020
  4. BJBII

    BJBII Metrologist, CSSBB

    Found in my dad's hoard . . .
    12 oz.
     

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  5. xCoin-Hoarder'92x

    xCoin-Hoarder'92x Storm Tracker

    One of my 10 oz silver bars I got a few years ago online.

    I love the design and I hope you can still get these.

    [​IMG]
     
  6. beaver96

    beaver96 Well-Known Member

    I picked this one up last year.
    baa (2).jpg ba (2).jpg
     
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