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3 answers

Probably a privately minted coin.

You will occasionally see dealers sell weird proportioned coins that are simply silver ingots in a special shape to make them more marketable to the public.

There is usually an extremely large premium charged over and above the cost of the metal in the coin. Typically the salesman will use words like "collector's edition" or "low mintage" to get the buyer to pony up the money.

In reality, there is little or no secondary market for these coins as collectables, so don't expect a premium value.

Also, the fact that it is printed .999 fine silver doen't guarantee anything.

A professional coin dealer will be able to tell you whether or not it is truly silver. if so, expect to get the current asking price for silver (??$13/oz. ??) less a commission for the dealer.

2007-05-02 05:50:52 · answer #1 · answered by Anonymous · 2 0

This coin could be a 1pound silver round....made in the likeness of a mercury dime.....if its a troy pound it will weights 16 oz ...if it's a ...Most coin reproduction in silver come in this weight......It can also be {and it should say so on it's face] .....
a 16 AVDP.OZ'S.. Silver round....this bar will have 14.6 OZ off silver when converted to a troy pound
Either way ...a large coin ....big coin ...looking like a mercury dime ...very much sounds to me like a pound silver bar....
If it only says .999 chances are that the weight is in troy weight....

2007-05-02 16:39:41 · answer #2 · answered by Luis P 2 · 0 0

It is a silver round and should say 1 oz. .999 silver and be about the size of a silver dollar (Morgan & Peace type). They have been made for almost all U.S. coins and some even are dated. Now if it is about 3 inches in diameter it is not silver but a novelity item. Hope this helps.

2007-05-02 14:20:20 · answer #3 · answered by Taiping 7 · 1 0

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