Jim4silver said:Grabbed a few of these today for $1 over spot. They were made in 1981 and are supposedly made from the "US strategic stockpile" whatever that was. I get them whenever I see them locally and they are in good shape (and low premium). They look like the coin below.
https://www.youtube.com/watch?v=jE7vQybTDfE
Jim
JNS said:I am worried of my wife,
Normally she hates me of collecting silver coins because she prefer jewelries or gold coins.
Yesterday, she bought somalian elephant, Niue turtle, kangaroo, and kooks.
Today, she bought again 10 oz of kook, maple, eagle, liberated, kangaroo.
It looks like she was caught by silver bug, Now she talks a lot about perthmint, apemex, and bullion sellers of singapore.
I am so surprise and keeping my smile.I ask her, are you building a zoo?
Jim4silver said:I almost got a fake engelhard prospector today. One of my local dealers told me he had some stuff for me to look at and had a prospector in the mix. I saw it and immediately thought it was a fake because it was a 1984 and appeared to be a proof strike. That right there made it 99% chance of being fake. But, Engelhard did make a very small amount of real proof 1984 prospector coins so I thought maybe it could be real one. I went ahead and bought it with some generic 1 oz art bars. Right after I bought it I asked if he could weigh the prospector "for the heck of it"- he didn't look happy I was wanting to "test" it I could tell (like I didn't trust his expertise). It only weighed 19 grams, so the dealer knew right then it was fake and was very apologetic. I've dealt with this guy for years so I don't think he knew. I told him to give me something in trade for what I paid for the prospector (spot plus $2), so he gave me a new ASE for the same price for his mistake and for me "spotting the fake". I didn't tell him I knew right away (sometimes it goes to your advantage if the other side thinks you are as clueless as they are). If it would have been a real proof I didn't want to tip the dealer off about the rarity in any way so I waited until after I bought it so he couldn't take it back if it was legit and somehow he figured out it was worth way more than $2 over spot (he wouldn't have in this case but why take chances). Most coin dealers here don't study the all about engelhard site so their knowledge of that stuff is very limited.
Got these bars and a few others though.
http://www.apmex.com/product/67425/1-oz-silver-bar-spirit-of-st-louis
http://www.ebay.com/itm/John-F-Kenn...937669?hash=item4886c89545:g:XVwAAOSwAKxWYb~P
http://www.ebay.com/itm/1973-1-Troy...986523?hash=item4af29d79db:g:6u8AAOSwl9BWJWCU
I love those older art bars, especially when I can get them cheap ($1 over spot).
EDIT: Actually I went and looked at the All Engelhard site and they didn't make a 1984 proof, but did in 1982, 83, 85 and 86.
Jim
fishtaco said:When I was in uS last year there was a silver sting on the news,a crook was selling quite large quantities of 1oz fake silver bars and rounds. One buyer new they were fake so set up a f2f big buy and then went to the police who caught the seller red handed. They arrested both him and his wife who were living out of their car.
Jim4silver said:fishtaco said:When I was in uS last year there was a silver sting on the news,a crook was selling quite large quantities of 1oz fake silver bars and rounds. One buyer new they were fake so set up a f2f big buy and then went to the police who caught the seller red handed. They arrested both him and his wife who were living out of their car.
This coin was in an airtite and I didn't notice it feeling light when I held it. The coin looked like a nice proof version of a prospector.
I don't know if it was one of these, but it looked similar.
http://www.aliexpress.com/item/DHL-...2262193427.html?spm=2114.40010408.3.23.w68GfJ
Jim
Holdfast said:I'd be all over that Jim.
Recent ebay sales.
http://www.ebay.com.au/sch/Coins-/1...lete=1&LH_Sold=1&rt=nc&_trksid=p2045573.m1684
Mintage only 118,697 but...the design is looked upon "very" favourably.
http://www.perthmint.com.au//docume...ion_Series_One_1999_-_2010_updated_221112.pdf