Other Silver Productsįrequently we carry other silver products like silver bullets, silver nuggets and other unique pieces. We offer brand new as well as some older, more collectible silver rounds. There are silver rounds to celebrate holidays, depict religious symbols, patriotic themes and even celebrities. Generally speaking, rounds are usually 1 ounce size and can have almost any type of image on them. Silver rounds are privately minted (not issued by countries) and are similar in price to their silver bar counterparts. We also are highly competitive in the trading of US 90% Silver Coins or junk silver coins as it is commonly called. Some of our most popular bullion silver coins are: American Silver Eagles, Canadian Silver Maple Leafs, Chinese Silver Pandas & Austrian Philharmonic. Previously used as common currency, today's silver coins are produced for investment purposes. Nearly every country has produced some type of silver coin in it's history. Silver coins are our most popular and best-selling item collectively. We also stock some odd size bars as well as fractional (less than an ounce) silver bars. The most popular sizes are as follows: 1 oz, 5 oz, 10 oz and 100 oz. Silver bars come in a variety of sizes from the popular 1 ounce bars all the way up to 1000 ounces. The rule of thumb is, the larger the bar, the closer to the spot price per ounce you will pay. "These coins are important national historic artefacts and they should be on public display.Silver bars are the most popular and economical way to invest in silver. "There's a principle at stake that we shouldn't be encouraging people to traffic in stolen property, and that no-one or their heirs should be able to benefit from that," he said. Mr Lebryk said the US mint would defend the lawsuit vigorously. "The Langbord family fully expects that their coins will be returned to them so they can be freely traded like any other numismatic treasure with a colourful history." "The mint responded to their good-faith efforts to amicably resolve any issues relating to the coins by seeking to keep them," he told the New York Times. Authorities were unaware of their existence until last September, when Mrs Langbord, 75, found the collection and decided to get a valuation.īarry Berke, Mrs Langbord's attorney, says the family just wanted the money back. Switt sold nine to private collectors over the next decade, before he was persuaded that the sales were illegal and ordered to forfeit the coins still in his possession.ĭavid Lebryk, the acting director of the US mint, said Switt had been involved "in a variety of questionable activities" but had never been charged with a crime.Īlthough the coins he sold were destroyed, Switt kept another 10 in his possession until his death in 1990, at the age of 95. "It was a wonderful paradox, where the coins were legally made by the US government but illegally owned the second they were pressed," Mr Tripp said. Roosevelt's ruling meant that the coins were never put in circulation, adding to their value. Mrs Langbord's father, the Philadelphia jeweller Israel Switt, was a leading suspect in the "theft" of a number of Double Eagles from the mint in 1937, when the 445,500 coins minted three years earlier were recalled and destroyed. The subsequent auction settled his legal dispute with American authorities. Mr Fenton was arrested when he tried to sell his coin, once owned by King Farouk of Egypt, to undercover secret service agents at a New York hotel. But if the family prevails, and there are another 10 of these coins on the market, their value goes from almost $8m to about $800,000 each overnight." "If the government prevails, the value of this one coin increases immensely. "It's hugely exciting and there's an awful lot at stake here," said David Tripp, a coin expert and the author of the book Illegal Tender: Gold, Greed and the Mystery of the Lost 1933 Double Eagle, which tells the story of the $20 coin and a remarkable 70-year operation by the US secret service to recover the handful that were not melted down to bullion. That was sold at Sotheby's by the British coin dealer Stephen Fenton for $7.59m in 2002, with half of the proceeds going to the US treasury. Until Mrs Langbord's collection came to light, only one other Double Eagle was known to be in private hands. The US government claims that the coins, considered by experts to be the rarest and most valuable in the world, were stolen from the mint in Philadelphia during the depression, when the then president, Franklin D Roosevelt, decided to preserve the country's supply of gold by outlawing currency made from it.
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