State Bank of Victoria service award (kilo bar)

Discussion in 'Silver' started by srebrni, Feb 23, 2011.

  1. srebrni

    srebrni New Member Silver Stacker

    Joined:
    Oct 18, 2009
    Messages:
    93
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne, Australia
    srebrni, Feb 23, 2011
    #1
  2. Matthew 26:14

    Matthew 26:14 New Member

    Joined:
    Sep 3, 2010
    Messages:
    3,305
    Likes Received:
    1
    Trophy Points:
    0
    Location:
    Victoria
    How odd that a bank would give real money as an award, how times have changed.
     
    Matthew 26:14, Feb 23, 2011
    #2
  3. zurnaik

    zurnaik Member

    Joined:
    Jun 11, 2010
    Messages:
    398
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Melbourne
    Should be engraved with..
    "Worked 30 years for the bank and all I got was this lousy silver ingot"

    =D
     
    zurnaik, Feb 23, 2011
    #3
  4. millededge

    millededge Active Member

    Joined:
    Sep 4, 2010
    Messages:
    2,386
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    camp x-ray, spelling division
    lol
     
    millededge, Feb 23, 2011
    #4
  5. systematic

    systematic Well-Known Member

    Joined:
    Jun 6, 2010
    Messages:
    6,649
    Likes Received:
    341
    Trophy Points:
    83
    much better than
    "Worked 30 years for the bank and all I got was this lousyT shirt"
     
    systematic, Feb 23, 2011
    #5
  6. Ag

    Ag Well-Known Member Silver Stacker

    Joined:
    Jan 30, 2010
    Messages:
    1,394
    Likes Received:
    43
    Trophy Points:
    48
    Location:
    QLD
    worse is a gold watch which is plated :)
     
    Ag, Feb 23, 2011
    #6
    Topherclaus likes this.
  7. srebrni

    srebrni New Member Silver Stacker

    Joined:
    Oct 18, 2009
    Messages:
    93
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne, Australia
    Getting back to the original question :) - it is legit. There is 999+ kilo silver stamp on the other side.

    s.
     
    srebrni, Feb 24, 2011
    #7
  8. Guest

    Guest Guest

    That's actually a damn nice poured bar.
     
    Guest, Feb 24, 2011
    #8
  9. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    If I were you, I'd grab it.

    I've seen them before, and they test out OK.

    Ck.
     
    Captain Kookaburra, Feb 24, 2011
    #9
  10. srebrni

    srebrni New Member Silver Stacker

    Joined:
    Oct 18, 2009
    Messages:
    93
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Melbourne, Australia
    I have one already. What came to my attention is that seller says in the description that there are no bullion marks on it - should have kilo 999+ silver mark on the back.
     
    srebrni, Feb 24, 2011
    #10
  11. boneyard

    boneyard Well-Known Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    6,093
    Likes Received:
    426
    Trophy Points:
    83
    Location:
    55G 528505 5257160 TASSIE
    Went for a damm good under spot price!!!!!!!
     
    boneyard, Feb 25, 2011
    #11
  12. Rothbard

    Rothbard New Member

    Joined:
    Jan 17, 2011
    Messages:
    342
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Is it worth the risk if it is actually .925? what if its .800?

    In the end, its only worth what you can re-sell it for later. With no hallmarks or stamps this would become difficult.

    This is a great collectors item but no sane investor would touch it.
     
    Rothbard, Feb 25, 2011
    #12
  13. lakesentrance

    lakesentrance Member

    Joined:
    Dec 15, 2010
    Messages:
    275
    Likes Received:
    3
    Trophy Points:
    18
    Location:
    Australia
    lakesentrance, Feb 25, 2011
    #13
  14. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

    Joined:
    Apr 15, 2010
    Messages:
    5,008
    Likes Received:
    714
    Trophy Points:
    113
    Location:
    Melbourne
    Captain Kookaburra, Feb 25, 2011
    #14
  15. Rothbard

    Rothbard New Member

    Joined:
    Jan 17, 2011
    Messages:
    342
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Yeah those are hard to find!

    I sold one for $800 ages ago!
     
    Rothbard, Feb 25, 2011
    #15
  16. Fullbottle

    Fullbottle New Member

    Joined:
    Aug 13, 2017
    Messages:
    2
    Likes Received:
    6
    Trophy Points:
    3
    Confirmed fine silver. 1kg State Bank Victoria silver ingot purity assessed by Edlins, Canberra. Result: fine silver rated 99.96% (999). No purity stamp but tested and confirmed as three nines fine.
     
    Fullbottle, Aug 13, 2017
    #16
    Buffaloknight likes this.
  17. Buffaloknight

    Buffaloknight Active Member

    Joined:
    Oct 19, 2016
    Messages:
    121
    Likes Received:
    70
    Trophy Points:
    28
    Location:
    Melbourne VIC
    I recently purchased one of these bars and was curious as to its history. Does anyone know what they were awarded for? Length of service? Exceptional Service?
     
    Buffaloknight, Sep 6, 2017
    #17
  18. Fullbottle

    Fullbottle New Member

    Joined:
    Aug 13, 2017
    Messages:
    2
    Likes Received:
    6
    Trophy Points:
    3
    The ingot award initiative was created by the State Bank of Victoria, Customer Action Task Force, in 1986. Ingots are stamped 'State Bank Service Award'. They are a symbol of gratitude from the Bank and the people of Victoria:

    10 years 250gm silver ingot
    20 years 500gm silver ingot
    30 years 1kg silver ingot
    40 years 1kg gold ingot (and their wives got a gold bracelet)
     
    Fullbottle, Sep 7, 2017
    #18
    AndrewKC, nicwinner, Currawong and 2 others like this.
  19. Buffaloknight

    Buffaloknight Active Member

    Joined:
    Oct 19, 2016
    Messages:
    121
    Likes Received:
    70
    Trophy Points:
    28
    Location:
    Melbourne VIC
    Thank you Fullbottle!
     
    Buffaloknight, Sep 7, 2017
    #19
  20. Currawong

    Currawong Member Silver Stacker

    Joined:
    Jul 16, 2015
    Messages:
    167
    Likes Received:
    2
    Trophy Points:
    18
    Location:
    Melbourne
    I've got a 250g in its original blue case as well. They're really neat.
    Btw, they should be stamped "9998 SILVER" and then the weight (so in my case "250 GMS").
     
    Currawong, Oct 5, 2017
    #20

Share This Page