October 31st, 2007

how much is this coin worth?

it a silver coin, says ENGELHARD one troy ounce 999+ fine silver with a picture of a globe-looking circle and a big E on one side, and on the other it shows a picutre of a man looking in water for a mineral, probably gold or silver, says USA 1982 The American Prospector
ya it is like that, except 1982 not 1984

What you have is not a coin but is really a medal. To make it easy they have been grouped into what are called “Silver Rounds”. They are a convenient way of buying and selling silver bullion. The American prospector design has been around for a good many years. It is worth the spot price of silver minus a % for the dealers profit. That value will depend on what silver spot is the day you sell it. Silver and gold seem to be going up so it may be wise to wait a while before selling.

Silver Reflection Test – American Prospector 1oz 999 by Engelhard


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