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My favorite 1970's silver art bar "finds"
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<p>[QUOTE="1970 Silver Art, post: 639595, member: 18828"]I won this auction on ebay last Saturday.........</p><p> </p><p>[ATTACH]52458.vB[/ATTACH]</p><p> </p><p>[ATTACH]52459.vB[/ATTACH]</p><p> </p><p>[ATTACH]52461.vB[/ATTACH]</p><p> </p><p>It is a silver art bar that shows the 14th president of the United States Franklin Pierce and the First Lady Jane Pierce on the Front of the silver bar. This silver art bar was minted by World Mint in 1974. I won this silver art bar on ebay and the total price that I paid for it was $15.62 (spot silver was $12.65 at the time). Normally, when I place my bid on ebay on a silver art bar, I will set my max bid at $4 over spot and that max bid factors in shipping costs. The price of $15.62 would have been $2.97 over spot price but there was one important detail that overlooked by not looking at the ebay deception. The actual weight of the silver art bar is 0.81 troy oz and not a full 1-oz that I mistakenly assumed. Upon further reading of the description, the ebay seller clearly stated that it weighed 0.81 oz. That was a mistake on my part from being careless and not reading the whole description of the product. Spot price for 0.81 oz of silver was $10.25. As a result I ended up paying $5.37 over spot ($15.62 - $10.25 = $5.37) for this silver art bar instead of the $2.97 over spot. I cannot believe that I made such a mistake like that but I did. Despite that mistake, I like this silver art bar very much and I do not regret this purchase at all. </p><p> </p><p> </p><p>I also learned from the ebay seller that when this art bar was minted, I think it was meant for the weight of around 0.8 troy oz and not a full 1-oz weight. The ebay seller was using the Archie Kidd art bar price guide for his information when he emailed me the answer about the weight of this silver bar. As you will notice in my reverse pic of this bar, it is not stamped with the weight of 1-oz. It is just stamped with "999 Fine Silver". </p><p> </p><p>[ATTACH]52460.vB[/ATTACH]</p><p> </p><p> </p><p>This silver art bar is slightly thinner than the average '70's silver art bar. </p><p> </p><p> </p><p>[ATTACH]52462.vB[/ATTACH]</p><p> </p><p>I used my magnifier to see what this was and it looked like "JH". I am not sure what that means. </p><p> </p><p>Overall, I am happy with this ebay purchase.[/QUOTE]</p><p><br /></p>
[QUOTE="1970 Silver Art, post: 639595, member: 18828"]I won this auction on ebay last Saturday......... [ATTACH]52458.vB[/ATTACH] [ATTACH]52459.vB[/ATTACH] [ATTACH]52461.vB[/ATTACH] It is a silver art bar that shows the 14th president of the United States Franklin Pierce and the First Lady Jane Pierce on the Front of the silver bar. This silver art bar was minted by World Mint in 1974. I won this silver art bar on ebay and the total price that I paid for it was $15.62 (spot silver was $12.65 at the time). Normally, when I place my bid on ebay on a silver art bar, I will set my max bid at $4 over spot and that max bid factors in shipping costs. The price of $15.62 would have been $2.97 over spot price but there was one important detail that overlooked by not looking at the ebay deception. The actual weight of the silver art bar is 0.81 troy oz and not a full 1-oz that I mistakenly assumed. Upon further reading of the description, the ebay seller clearly stated that it weighed 0.81 oz. That was a mistake on my part from being careless and not reading the whole description of the product. Spot price for 0.81 oz of silver was $10.25. As a result I ended up paying $5.37 over spot ($15.62 - $10.25 = $5.37) for this silver art bar instead of the $2.97 over spot. I cannot believe that I made such a mistake like that but I did. Despite that mistake, I like this silver art bar very much and I do not regret this purchase at all. I also learned from the ebay seller that when this art bar was minted, I think it was meant for the weight of around 0.8 troy oz and not a full 1-oz weight. The ebay seller was using the Archie Kidd art bar price guide for his information when he emailed me the answer about the weight of this silver bar. As you will notice in my reverse pic of this bar, it is not stamped with the weight of 1-oz. It is just stamped with "999 Fine Silver". [ATTACH]52460.vB[/ATTACH] This silver art bar is slightly thinner than the average '70's silver art bar. [ATTACH]52462.vB[/ATTACH] I used my magnifier to see what this was and it looked like "JH". I am not sure what that means. Overall, I am happy with this ebay purchase.[/QUOTE]
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My favorite 1970's silver art bar "finds"
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