State Bank of Victoria service award (kilo bar)

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

  1. srebrni

    srebrni New Member Silver Stacker

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  2. Matthew 26:14

    Matthew 26:14 New Member

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    How odd that a bank would give real money as an award, how times have changed.
     
  3. zurnaik

    zurnaik Member

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    Should be engraved with..
    "Worked 30 years for the bank and all I got was this lousy silver ingot"

    =D
     
  4. millededge

    millededge Active Member

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    camp x-ray, spelling division
    lol
     
  5. systematic

    systematic Well-Known Member

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    much better than
    "Worked 30 years for the bank and all I got was this lousyT shirt"
     
  6. Ag

    Ag Well-Known Member Silver Stacker

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    worse is a gold watch which is plated :)
     
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  7. srebrni

    srebrni New Member Silver Stacker

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    Getting back to the original question :) - it is legit. There is 999+ kilo silver stamp on the other side.

    s.
     
  8. Guest

    Guest Guest

    That's actually a damn nice poured bar.
     
  9. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    If I were you, I'd grab it.

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

    Ck.
     
  10. srebrni

    srebrni New Member Silver Stacker

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    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.
     
  11. boneyard

    boneyard Well-Known Member Silver Stacker

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    Went for a damm good under spot price!!!!!!!
     
  12. Rothbard

    Rothbard New Member

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    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.
     
  13. lakesentrance

    lakesentrance Member

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  14. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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  15. Rothbard

    Rothbard New Member

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    Yeah those are hard to find!

    I sold one for $800 ages ago!
     
  16. Fullbottle

    Fullbottle New Member

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    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.
     
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  17. Buffaloknight

    Buffaloknight Member

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    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?
     
  18. Fullbottle

    Fullbottle New Member

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    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)
     
  19. Buffaloknight

    Buffaloknight Member

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    Thank you Fullbottle!
     
  20. Currawong

    Currawong Member Silver Stacker

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    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").
     

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