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<p>[QUOTE="zekeguzz, post: 1190434, member: 15455"]I checked the scale with a known 100 gram weight. I checked it on grams, ounces, troy ounces, carats, and pounds. Compared </p><p>all readings using weight tables provided by a conversion site.</p><p>I felt that I spent too much on this medal. I misread the information thinking it was a 10 OZ Sterling silver commemorative </p><p>coin. When it dawned on me that it was only 1 OZ I felt and still feel that I was very careless and stupid. Here is the break-</p><p>down on the cost of this thing:</p><p>Winning Bid = $66</p><p>12% Buyers Premium = $7.92</p><p>Shipping = $18</p><p>Total = $91.92</p><p><br /></p><p>I now know through your comments that foreclosure items may not be accurately described. Also I feel relieved that I could have bid $300 for what I thought was a 10 OZ coin/medal. So for over paying by only $40 is not too bad for a lesson well learned.</p><p>I did research this medal before and after I won it and could not find very much info on it. I found out it was minted in 1973.</p><p>I contacted the Franklin Mint and was told their information only goes back about twenty years or so. I don't know how to </p><p>contact the Miami Coin show people for any kind of information they could offer.</p><p>I don't trust any info about this medal. For example there is no Cert. of Authenticity. The label says Sterling but I don't trust that now because of the weight of it. All though it kind of makes sense that it weighs less than one troy ounce because Sterling is 92.5% pure silver as compared to a silver coin of only 90% silver????? Disregard this last statement it doesn't make sense.</p><p>I feel this medal is worth about $45 now. I look around and see what dealers, and CT members say. Hopefully what DESERTGEM said is true and I could get maybe get $50 or more for it. So I won't try to return it.</p><p><br /></p><p>I feel I should honor my bid now and take my lumps.[/QUOTE]</p><p><br /></p>
[QUOTE="zekeguzz, post: 1190434, member: 15455"]I checked the scale with a known 100 gram weight. I checked it on grams, ounces, troy ounces, carats, and pounds. Compared all readings using weight tables provided by a conversion site. I felt that I spent too much on this medal. I misread the information thinking it was a 10 OZ Sterling silver commemorative coin. When it dawned on me that it was only 1 OZ I felt and still feel that I was very careless and stupid. Here is the break- down on the cost of this thing: Winning Bid = $66 12% Buyers Premium = $7.92 Shipping = $18 Total = $91.92 I now know through your comments that foreclosure items may not be accurately described. Also I feel relieved that I could have bid $300 for what I thought was a 10 OZ coin/medal. So for over paying by only $40 is not too bad for a lesson well learned. I did research this medal before and after I won it and could not find very much info on it. I found out it was minted in 1973. I contacted the Franklin Mint and was told their information only goes back about twenty years or so. I don't know how to contact the Miami Coin show people for any kind of information they could offer. I don't trust any info about this medal. For example there is no Cert. of Authenticity. The label says Sterling but I don't trust that now because of the weight of it. All though it kind of makes sense that it weighs less than one troy ounce because Sterling is 92.5% pure silver as compared to a silver coin of only 90% silver????? Disregard this last statement it doesn't make sense. I feel this medal is worth about $45 now. I look around and see what dealers, and CT members say. Hopefully what DESERTGEM said is true and I could get maybe get $50 or more for it. So I won't try to return it. I feel I should honor my bid now and take my lumps.[/QUOTE]
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Need Advice on Sterling Silver Coinl
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