Discussion in 'Bullion Investing' started by fretboard, Aug 19, 2020.
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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.
I love the design and I hope you can still get these.
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