1981 US Vintage 1.0 Ounce .999 Fine Silver by US Assay Office San Francisco A79

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We love to negotiate. Offer reasonably and we will accept it! We are here to Sell! Prices will be significantly cheaper than any online or traditional store. Buy right, be happy! Send a Message 1981 US Vintage 1.0 Ounce .999 Fine Silver by US Assay Office San Francisco A79 1981 US Vintage 1.0 Ounce .999 Fine Silver by US Assay Office San Francisco A79. Features Location United States Type Bullion › Round Year 1981 Composition Silver (.999) Weight 31.1 g Diameter 38.5 mm Thickness 3 mm Shape Round The Hunt Brothers and the Silver Saga. In 1979, Silver traded at about $6 per troy ounce, a few years before this time the infamous Hunt Brothers decided to buy as much Silver as they possibly could. There initial decision to do this was to hedge their money against inflation. They chose Silver because Gold was still illegal for private ownership following the 1933 ban on private ownership of Gold by the U.S. Government. The Hunt Bros decided to buy Silver, they bought an estimated 1/3 of the entire available world supply. They were, after all, the sons of Haroldson Lafayette Hunt, an East Texas oil tycoon worth an estimated 5 billion dollars! Note the date on the bullion that reads, “MINTED FROM U.S. STRATEGIC STOCKPILE SILVER FORMERLY STORED AT U.S. ASSAY OFFICE SAN FRANCISCO CC.” That’s right, 1981. Now, although the market had dropped to over 50% of its peak, it still had a ways to go before it leveled out. The U.S. Government, under the Carter administration, with this Silver Fiasco in mind and the end of Silver in circulatory coinage, meant the diminished need for the United States Assay Commission. Therefore, it was abolished in March of 1980 and all of its Silver Stockpile was auctioned off. This conveniently served the purpose of driving the Silver prices back down to their appropriate, ‘inflation following’ prices. A company by the name of “Continental Coin & Jewelry Company” based in Van Nuys, California (mintmark CC) bought a large amount of that Silver and produced the bullion in question. Commonly mistaken for U.S. Mint or otherwise officially authorized by the U.S. Treasury or Government bullion, this private company produced both Silver Rounds and Silver Bars from the Silver they purchased. All of the Silver is .999 in purity, and the back reads “SILVER TRADE UNIT” with weight in ounces and/or grams as well as metal type and purity. The coin you see is the coin you'll get. SHAPERoundPRECIOUS METAL CONTENT PER UNIT1 ozFINENESS0.999YEAR1981COMPOSITIONSilverUNIT TYPEoz Every Purchase of Diamond Jewelry Includes Certificate of Authenticity Elegant Gift Box Free Domestic Shipping One Day Handling 14-Day Return Policy 100% Money Back Guarantee Top Customer Service Shipping and handling Return policy Payment details Domestic: Mountain of Jewels offer free insured USPS shipping on all domestic purchases. In most cases your order will be shipped the same day however if sizing needed or some modification to a piece of jewelry this could take up to 7 business days. You will receive an notification and a tracking number to easily track your shipment online one your order is shipped. Shipping time is location dependent and usually takes 2-4 business days. Your order will be shipped to your registered PayPal address ONLY. International: We normally select the most inexpensive shipping and insurance method possible for our international buyers. All shipments are insured and shipped via FedEx. Your country of residence may impose customs, import, duties, or tax fees that you must pay because your order originated outside your home country. These fees are your responsibility and are separate from the cost you paid us for you merchandise and shipping. Our goal is to ship your order as quickly as possible, however, there are matters that are out of our control such as custom delays and freight carrier's shipping service. If you are interested to find out the expected date of shipment of a particular product, use the tracking number you were provided with, following your purchase. We are not responsible for any customs charges or holdups. Please note that we CANNOT mark the customs tag as a "gift" or to value the order at less than what you paid for the merchandise. This practice is considered fraud and violations of this policy carry severe penalties and can result in our loss of international shipping privileges. For additional information, please contact the customs department in your country. PayPal is the safest way to pay online and provides full buyer protection. We are a PayPal verified business and accept all the available payment methods supported by PayPal. Among the available options are: Visa, MasterCard, American Express, Discover Card and more. We accept an immediate payment upon purchase or no longer than 48 hours. We at Mountain of Jewels do everything we can to ensure that you will be 100% satisfied with your purchase, and that your purchase will bring you many years of enjoyment. If you're dissatisfied in any way, give us a chance to make things right. However if for any reason you are not completely satisfied with your purchase, we will refund 100% of the original purchase price. We do not refund any shipping expenses. To return an item, please contact us through eBay messages. You will be assigned an authorization number at that time. Item(s) must be returned in an undamaged condition and are subject to inspection by our quality assurance department. The item(s) must be shipped within 14 days of delivery with the original gift box. Buyers are responsible for return shipping charges. ** Please note custom pieces are non-refundable. Bridal Jewelry Shop Now Gold Earrings Shop Now Gold Pendants Shop Now Vintage Jewelry Shop Now Coins & Bullion Shop Now Silverware & Flatware Shop Now Store Policy Mountain of Jewels offer free insured USPS shipping on all domestic purchases. In most cases your order will be shipped the same day however if sizing needed or some modification to a piece of jewelry this could take up to 7 business days... View Details Customer Service We encourage your questions and comments: Send Us a Message Store Newsletter Sign up for our store newsletter and receive notifications about new arrivals, special promotions and discounts. Signup All Imagery & Content © Mountains of Jewelry. 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Price: 57 USD

Location: Taos, New Mexico

End Time: 2024-11-22T23:46:16.000Z

Shipping Cost: 6 USD