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Posted 12 months ago
jimborasco
(75 items)
Does anyone know what the purpose of these ingots would be. I picked these up at a flea market for, I think, $5.00. Many years ago when silver was inexpensive. Of course, it is almost the image of a buffalo nickel. Hopefully i'm not harboring a counterfeiting item. :-( But what dummy would counterfeit nickels? Jimbo
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Sterling SilverHolding a piece of sterling silver flatware in the palm of the hand is like…
I would say it is odd that I see no mark and that the reverse is pretty crude on the left side. I won't reply to your closing question because they always find a buyer.
PS: These WERE actually produced in large numbers. HOWEVER they are .999 CLAD not pure.
They were produced in large numbers for what reason?
They were advertised as an item you need to collect because the value would go up. Just like the gold clad ones on TV right now. There is a new rectangular version of the one you show here. I believe it is advertised as being 1 full oz. and it is marked .999, sells right now for $7.95 on sites like Amazon. The people selling them aren't telling a lie, they just don't explain the truth. These are .999 but only the outer skin, the core is a base metal. Melt value of silver today closed at $26.96 an oz. so the 1 oz indian head for $7.95 should tell the story.
They made them in large numbers but i can't find any like them anywhere on the internet. There should be some record of them. At least someone selling a set.
Thanks BELLIN68, officialfuel, and Bruce99 for checking these out
Thanks for the information fhrjr2-- these "clad" silver pieces are a little dangerous on the secondary market with recent silver prices.
scott
fhrjr2-- how did you ID as clad vs. solid silver?
scott
Thanks alot Jason...I didn't think they were clad. But, i'll have them checked. Thank you, again. Jimbo
Thanks scott for checking them out.
I used Google images and it brought them back.
How does google images ID as clad vs. solid silver?
scott
Scott, Google images doesn't do anything but get you the image if it finds it. If you click the image you are transported to the site that hosts the image. Once on the host site you find information and links to other sites for researching more.
What site IDd as clad? I'd like to read a little more.
Thanks,
scott
Crooks will counterfit anything for profit. Coin dealer told me 50d nickles were counterfitted resulting in a decline in value of the orignals
Value be dammed.. They have value to me!!
There seems to be confusion between value....and worth. Worth is monetary, value is what they mean to you.
You are correct Jimbo!!
Hazzah!! That IS what matters. Bravo, Jason
Had this tested by a jeweler friend....NOT clad.