Does anyone know what these markings mean? They look like some Asian writing. Is this pure silver or 925? Thanks.
There are guys on the bullion page that are tuned in to these bars. I only purchase bullion rounds. I wonder if one of the mods can move this to the bullion page for you so you can get a more informed answer.
There are so many counterfeit bullion bars with recognizable markings. Buying bullion bars with unrecognized markings goes against any prudent purchase for me. Definitely your call. YMMV
Yes, it is a silver colored bar. However, almost all metals are silver colored. Like others said, how much confidence do you have that this is silver? Is it silver all of the way through? 1100 grams is a weird weight for a bar.
Personally I wouldn't buy it! Sterling Silver is a pain to sell as opposed to .999 silver. Let someone else buy it!
I saw this exact picture recently on someone asking for info (Probably the owner). Although I collect vintage bullion, I don't know anything about asian bars like this. However, I saw multiple people say this was a counterfeit and that the markings are incorrect. Now is it actually silver? I have no clue but from what others said, it appears that its silver content is its only value.
The owner sent me a link to a reddit page about it. It is from the Qing Treasury. I still don’t know if it is 925 or 999 but it is old!
If you're having trouble identifying it, so will the person that you sell it to if you buy it. It has no markings other than those unknown oriental characters. How do you know it's weight, the silver content or anything else about it? How do you know it's old? Just because of a link the seller sent you? Time to pass on this and spend your money on something else.
Oh yeah, it was reddit! Well if I were you, as long as it was sigma verified for purity and the premium isn't horrible, then go for it if you like it
His asking price was $550. You were trying to get him down to $520. Now he's down to $450. Even if this is the real deal I'd walk away as something doesn't sound right. Silver is at $14.50 an ounce. That's just under 7 ounces. I have a hard time with the seller willing to do the price by 7 ounces. Please proceed with caution.
Have the seller check the purity and shoot you over a picture of the readout as it sits on the machine.
Spot .999 today is $0.46 a gram x 1100 is $506. Sounds too good in the current market unless it's .925. Sounds like the seller is trying to hard to make a sale without verifying the purity.
1100 grams is a little over 35 oz and basically it is a unmarked bar of silver of unknown fineness. A silver smelter might be willing to risk it paying as if it was a 10 oz bar.