Rare, Collectable and Old Fashion Silver Bar. II

Discussion in 'Silver' started by Golden ChipMunk, May 1, 2013.

  1. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    6,248
    Likes Received:
    1,572
    Trophy Points:
    113
    Location:
    Sydney
  2. paulha

    paulha New Member

    Joined:
    Oct 12, 2018
    Messages:
    9
    Likes Received:
    16
    Trophy Points:
    3
    Hi there, I'm paulha, new and ignorant member. I was just looking at a coupla old 10oz silver bars I bought more or less on a whim at a local auction and wondering how to identify the trademark (?} on them, looked like a small robot with TON printed on his belly when I saw , two messages up that they were Harrington...so thanks Aurora et luna. I thought I must contain my errant and compulsive buying ways and.................oh damm I've just bought an old ABC kilo bar .................how do you stop? Must be an antidote somewhere. Please keep this thread going to educate a very small old brain and thanks to Silver Stackers for funding the forum and the Moderators who ever they are!
     
    Silver260, Trident and Aurora et luna like this.
  3. Trident

    Trident Member Silver Stacker

    Joined:
    Dec 10, 2013
    Messages:
    94
    Likes Received:
    49
    Trophy Points:
    18
    Location:
    Melbourne Australia
  4. Trident

    Trident Member Silver Stacker

    Joined:
    Dec 10, 2013
    Messages:
    94
    Likes Received:
    49
    Trophy Points:
    18
    Location:
    Melbourne Australia
    Hi paulha - oh there is only one antidote! ....

    Vintage ABC Ingots.jpg
     
    Last edited: Dec 1, 2018
    kilo, Golden, SilvaMozzie and 10 others like this.
  5. paulha

    paulha New Member

    Joined:
    Oct 12, 2018
    Messages:
    9
    Likes Received:
    16
    Trophy Points:
    3
     
    Silver260, hotchef72, alor and 2 others like this.
  6. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    2,079
    Likes Received:
    440
    Trophy Points:
    83
    Location:
    Seedeneey
    That kilo bar is an ABC bar with SRM counterstamp...it's gorgeous o_O
     
    paulha likes this.
  7. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

    Joined:
    Feb 6, 2012
    Messages:
    2,079
    Likes Received:
    440
    Trophy Points:
    83
    Location:
    Seedeneey
    NZ has good stuff. ..maybe I need to visit
     
  8. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    7,544
    Likes Received:
    1,344
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    it look like 100 gram would have been a better investment
    1979-2019
     
  9. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    7,544
    Likes Received:
    1,344
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
    not mine
    found picture online

    [​IMG]
     
  10. hotchef72

    hotchef72 Member

    Joined:
    Feb 18, 2015
    Messages:
    72
    Likes Received:
    31
    Trophy Points:
    18
    Thought I would add as I think it's a real one of a kind. Fugly big bar ,never seen a pour like this.
     

    Attached Files:

    greedy Kobold likes this.
  11. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    4,800
    Likes Received:
    939
    Trophy Points:
    113
    Location:
    wa
    I thought i would chuck this up here to so that an example can be kept on the forum for future reference given how rare they are
    1 gram Engelhard bar
    P_20181212_140323_SRES.jpg P_20181212_140336_SRES.jpg
     
  12. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    7,544
    Likes Received:
    1,344
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
  13. paulha

    paulha New Member

    Joined:
    Oct 12, 2018
    Messages:
    9
    Likes Received:
    16
    Trophy Points:
    3
    Last edited: Jan 12, 2019
  14. paulha

    paulha New Member

    Joined:
    Oct 12, 2018
    Messages:
    9
    Likes Received:
    16
    Trophy Points:
    3
    Having just struggled to find out how to put a meaningful entry into this forum without success ........... I now realize it is a very long slightly broken thread without clear direction which one can only use by making replies. I believe much important information and discussion is lost or slowly dissipated. For example I notice some members have tried to start historical threads on various mints ala engelhard which just petered out.

    I will bow to older experienced members but my feeble suggestion is we ask for a separate, dedicated section where we can have specific entries & threads about the world of collecting (and selling) silver bars. Any comment?

    In my annoyance I have now forgotten what I started out to say but at least I have bumped the thread!

    paulha
     
  15. hotchef72

    hotchef72 Member

    Joined:
    Feb 18, 2015
    Messages:
    72
    Likes Received:
    31
    Trophy Points:
    18
    A couple of new additions!!i think the bottom one is pretty rare,love the back!!
     

    Attached Files:

    paulha, bordsilver and Bigfella like this.
  16. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    7,544
    Likes Received:
    1,344
    Trophy Points:
    113
    Location:
    Pulau Alor ;)
  17. Genalex1969

    Genalex1969 New Member

    Joined:
    Feb 9, 2019
    Messages:
    1
    Likes Received:
    2
    Trophy Points:
    3
    My 5kg bar
     

    Attached Files:

    paulha and Silverbandit007 like this.
  18. ozcopper

    ozcopper Administrator Staff Member

    Joined:
    Jul 17, 2009
    Messages:
    16,218
    Likes Received:
    2,133
    Trophy Points:
    113
    Location:
    Australia
    Ponzi Scheme Silver!

    [​IMG]

    The silver ingot pictured (above & below) was part of a large silver ponzi scheme nearly 20 years ago. The company running the scheme was called The New Millennium Group.

    The scheme worked by selling 999 silver bars at inflated prices and then offering further returns just because you had bought the bars. The scheme was carried out world wide but most victims were in The USA, Canada and Great Brittan, however there were about 5000 victims of the scheme in 41 countries!

    Between 1998 and 2000, New Millennium Group sold nearly 76,000 ingots, promising a pay-off to investors of more than $1 billion.

    The company promised investors that for every one ounce ingot of silver purchased for (U.S) $98, they would receive commission checks totalling $15,853.50 over the next 14 months. Silver was worth about $6 an ounce at the time the scheme was operating.

    Typical victims would buy five bars or fewer, but some investors lost as much as $20,000. Some of the victims said that the relatively minor $98 investment was an attraction and was not too much money to risk.

    Some early investors did get checks, but in classic Ponzi scheme fashion they were paid with the money from later investors.

    The bars had been purchased from, and probably made by The Franklin Mint.
    (The Franklin Mint was not involved in the scheme)

    The director of the company was found guilty in 2007 of 29 counts of mail and tax fraud as well as money laundering and sentenced to 10 years in jail. The Judge ordered the director to make restitution to the victims of $2.8 million but there was little chance any of them would ever receive any money.

    [​IMG]

    [​IMG]
     
  19. dragafem

    dragafem Well-Known Member Silver Stacker

    Joined:
    Jan 16, 2012
    Messages:
    5,050
    Likes Received:
    303
    Trophy Points:
    83
    Location:
    Sunshine State
    interesting story and good pick up :)
     
    ozcopper likes this.
  20. JOHNLGALT

    JOHNLGALT Well-Known Member

    Joined:
    Apr 3, 2017
    Messages:
    2,247
    Likes Received:
    729
    Trophy Points:
    113
    Location:
    Country Victoria Australia
    The current Silver to Gold Ratio is 85.29 to 1 . Seems like it's a good time to visit the local coin shop again. _JLG. p.s. U.S. Dollars.

    85.29 to 1 ratio.JPG
     
    slavaja likes this.

Share This Page