Info on a troy pound silver ingot molded after a $100 bill?

Question

It is boxed and on the inside it has printed on the cloth The American Historical Society. I know it isn't worth but what silver is going for at the time I sell. But If there is any one who may have some other info about it it would be helpful. It looks just like a $100 bill but silver it was done in 2000 and states one troy pound. It is .999 fine silve. It is also numbered 2945. not that this means anything. It doesnt say 2945 of a certian number. I got it from my grandfathers house after he passed. He had left me all his coins because he knew i was a collector and he left me this. Just trying to find out more about it and if it maybe worth anything. Thanks in advance for your answers.

thanks for the answer my grandfather wasn't a collector. He some coins. He did work at a post office and things that were left behind or went unclaimed he was able to bring home. So now we know what hapens to lost postal stuff. It was in a jewel type box.

Answer 1

I am surprised it is dated 2000 for the big thing in silverr bars that looked like money was somewhat before that. More than one private mint and organization made them. They used to come in a velvet bag. There were copies of a lot of notes usually the older ones, like the large size notes before 1928. They also came in different weights and some were even gold plated silver. Your grandfather must have stopped buying after his first one for others were available through the so-called American Historical Society. If your grandfather was a coin collector, I am surprised he fell for their sales pitch, or that is why he only bought one. He paid more for it than it will be worth in silve value for the next 25 years or so. He also may have got it as an interesting piece of Americana. I too have bought items that the cost was way too high, but it was an interesting item. In their literature they would have said how many they intended to mint and you have the 2945th. Part of their sales pitch was it would be a limited number made. You are right it is worth silver value only unless you find someone willing to pay more. You would do better on an on line auction when you go to sell it. It maybe more important to keep it as a reminder of him. I have my grandfathers knife and I am 63.

Answer 2

I would look around, see if anyone was watching, if not, pick it up and then zoom over to my friend Eat an Apple Drink a Snappel's house except I would bring a bottle of good wine because I am not much of a beer drinker. I might buy an I-tune card for my teenage son. And if there was any leftover, I'd put it in the bank so I'd have some to spend later. These days, ya gotta stretch that $100.00 as much as possible. And yes, I have had people steal a lot more money from me than that on purpose, so I would pick it up with a clear conscience figuring that if I wasn't meant to find it, it would not be there! ♥ ☺

Answer 3

They are "layered in .999 silver" which means they are silver plated. They do weigh one Troy pound and they do have a serial number, but the core is pure COPPER, not silver.

Answer 4

American Historic Society Coins

Answer 5

Current silver spot prices can be found on the following links:
http://www.coincommunity.com/spot_prices/
http://www.nwtmintbullion.com/
http://www.apmex.com/

Hope this helps!