Geomin bar styles

bordsilver

Well-Known Member
Silver Stacker
In the same vein as GoldPelican's Perth Mint bar style's thread, I thought I'd start one for Geomin. Information is very sketchy so will try to update as others post anything they know.

History:
An Australian mining (to be confirmed) and refinery who produced cast silver bars of various sizes in the late 1970's (and potentially early 80's). No rounds seem to have been produced. Gold cast bars were also produced but examples seem to be very rare (have only found a few examples to date).

Both metric and troy ounce bars were produced and ranged in sizes from ~250grams to 250oz. Silver bars were either 999 fine or 999.9. So far all 250g bars I have seen are three nines, while all other bar sizes were four nines. It is less clear about the gold bars, but one was 995.8.

Suspect most bars went to jewellers or industry and have been melted. Based on the serial numbers my rough guestimate is that they made around 6000 silver bars in total with a total weight of 4-5 tonnes.

All bars have the Geomin hallmark a map of mainland Australia (without Tasmania) with GEOMIN written inside. All bars seem to have had serials numbers with the first letter indicating the product range. It is possible that many remaining bars are from the 1977 Christmas release which came in blue velvet presentation boxes. The 1977 Christmas range have two stamps Geomin and Bullion Sales Christmas 1977.

Metric bars:
250g Serial numbers Gxxx 999 fine. Highest serial number found to date = G1158 G1244. This range does not have "Silver" stamped on them.
500g Serial numbers AGxxx 999.9 fine.
500g Serial numbers Sxx 999.9 fine. Dual stamp Geomin and Bullion Sales (represented by vertical BS) Christmas 1977
1000g Serial numbers AGxxx 999.9 fine

600g One site sponsor has told me they recently sold a 600g bar (with papers). No other details. Unknown if this was an overweight 500g.

Troy ounce bars:
10oz Serial numbers Axxx 999.9 fine. This range does not have "Silver" stamped on them.
10oz Serial numbers Rxxx 999.9 fine. Does have "Silver" stamped on them. (Highest known serial to date = R168)
50oz Serial numbers Mxxx 999.9 fine, Axxx, and Bxxx confirmed
- 50oz with serial number Bxxx with 99.98 fine confirmed
100 oz Serial numbers A,B,S and AGxxx confirmed unknown fineness (a bar with Mxxx serial was listed in the text on an auction, but no photo)
250oz Serial number ??? 999.9 fine (details from the listing but can't read from the photo)

Gold:
So far have only found:
2.51oz bar (cannot read the Serial number or fineness)
2.50oz bar = M73 (996.6 fineness)
5.03oz bar = A118 (997.2 fineness)
10.03oz bar = M285 (996.9 fineness)
and a 1000.2 gram listed as gold being 995.8 fineness with serial number M991 (note that the M series was used for the silver 50oz).


Edit
As discovered in Post #20 it seems the serials are rough guides only with respect to weights with A, B, S and AG used for the 100oz weights. Have since read elsewhere that larger sizes were far more common than the <10oz sizes.
 
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With respect to the odd weights I found this comment on the net:
Back in the day, most refiners did one of two things, they poured silver when they had enough to pour it, not caring what it was going to weigh and others just tried to get close. Basically they knew that a particular mould if filled up to "X" would weigh about 10 ounces.

Once that pour was cooled, they would throw it on the scale and if it was close, they just weigh it and set it aside. If it were under 10 oz's at all, some would cast them aside and re-melt and re pour with the next batch of silver. The vast majority of these old bars will be just a tad over rather than a tad under. But whatever the finished bar weighed, 99.9% of the time, that was the actual figure, weight wise that was stamped on the bar.

Reputation was everything. Some of them had a purity or "fineness of 999 and others went a little further and made their silver more pure and rather than go to the time trouble and expense to call it's purity exact to "the thousandth", they would just label it 999+

There are some refiners that I have never seen an exact 5 ounce or 10 ounce bar. All are a little under or a little over. Their scales were very accurate, but their pouring methods were not, thus never the exact same weight nor an even weight such as 10 oz's exactly. Many times there were refiners that stamped their bars 10 ounces when if you put them on a very good scale you would see that they weigh 10.08 or 10.12 exactly. But the main reason was that silver around this time was just a few cents shy of $1.00 up to a couple dollars per oz and being off that much "weight wise" was a mere fraction of a cent. Not enough to worry about. Today at $40 per oz for silver & $1460 an oz for gold, every bar that is poured is right on the money. I have a bunch of these old bars and I will say very few weigh exactly what is stamped on them. Most are over the stamped weight because the last thing a refiner wanted to get the reputation of, was selling their bars that were constantly on the "light side".
 

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Geomin dual stamped Christmas 1977 bars in original blue velvet case 999.9 fine

Here's a copy of the newspaper advert
8365_20121026_171630.jpg

Geomin_1977_Christmas_Series_Advert.jpg
500g Serial number Sxx
S38 = 504g
8365_20121025_125053.jpg



1000g Serial numbers AGxxx 999.9.
6_100_2993.jpg

Geomin_1977_Christmas_1004g_AG968_b.jpg
Geomin_1977_Christmas_1004g_AG968.jpg
 

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10oz Serial numbers Axxx 999.9 fine

10.16 oz A587 999.9 fine

Geomin_10oz_A587.jpg

10.20 oz A494 999.9 fine

Geomin_10oz_A494.jpg
 
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Other silver bars:

100.24 oz Serial number ??? unknown fineness (details listed on an auction, no photo)

250.26oz Serial number ??? 999.9 fine (details from the listing but can't read from the photo)
6824_geomin_250ozcast.jpg
 
Gold

2.5oz loaf Serial number = ??? unknown fineness
[imgz=http://forums.silverstackers.com/uploads/6824_geomin_gold_25oz.jpg]
6824_geomin_gold_25oz.jpg
[/imgz]

1000.2 gram listed as gold being 995.8 fineness with serial number M991 (note that the M series was used for the silver 50oz)
6824_geomin_gold_m991_9958fine.jpg
 
bordsilver said:
Gold
2.5oz loaf Serial number = ??? unknown fineness
1000.2 gram listed as gold being 995.8 fineness with serial number M991 (note that the M series was used for the silver 50oz)
Would *LOVE* to get my hands on these! This is quickly becoming my new favorite SS thread :)
 
There's one on ebay atm...bidding is already at spot+abit. If someone win from here...please post a photo :D
 
Wow! It's an antique. I've never seen one without a letter in front of the serial. It is interesting that it is marked with both the Bullion Sales and Geomin logos like the Christmas bars. I wonder if they initially started that way (ie as some sort of partnership) or if that happened towards the end.

Bar8_9354750191_3cd9976fda_o.jpg

Bar8_9357525920_8a24c08b31_o.jpg

Keep it coming guys. This is an Australian company that should be in the living memory of at least one person. Hopefully we can get some more info before it's gone forever.
 
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bordsilver said:
Wow! It's an antique. I've never seen one without a letter in front of the serial. It is interesting that it is marked with both the Bullion Sales and Geomin logos like the Christmas bars. I wonder if they initially started that way (ie as some sort of partnership) or if that happened towards the end.

http://forums.silverstackers.com/uploads/6824_geimin_bs_4.jpg

http://forums.silverstackers.com/uploads/6824_geimin_bs_4_back.jpg

Keep it coming guys. This is an Australian company that should be in the living memory of at least one person. Hopefully we can get some more info before it's gone forever.

Is that bar number 4 ? bar number 4 thats amazing
 
4 x 100ozs

845_sl372920.jpg


AG145- 100.34
S698- 100.10
B124- 100.12
A200- 100.25

Thanks bordsilver for this thread. :)

Lunty
 
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