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<p>[QUOTE=&quot;10gary22, post: 1039291, member: 23626&quot;]Hey guys, I always thought of as Junk Silver, those coins that were too worn to be considered collectible, but worth melt value, while Silver bullion was rounds and ingots that have no face value and are worth silver content only. Jim probably has the closest explination of items other than coins. Something Silver with an unknown purity. Whereas all bars are clearly stamped.</p><p>&nbsp;</p><p>The term of bullion coins for gold I think is because South Africa, Canada and the US all minted 1 oz coins sold for gold value in more modern times. I mean they minted a coin with a very small face value that contained one troy ounce of gold and not meant as a collector coin. I was buying these at the broker&#039;s fees over spot and preferred them to ingots. But they weren&#039;t worth any more.</p><p>&nbsp;</p><p>Anyway, I guess as long as everyone knows what the other person means, it doesn&#039;t matter a whit about the semantics.</p><p>&nbsp;</p><p>gary[/QUOTE]</p><p><br /></p>

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