1 oz Silver Art Round - Silver Trade Unit (Random Design)
1 oz Silver Art Round - Silver Trade Unit (Random Design)
The Silver Trade Unit represents a fascinating chapter in private silver minting, serving as a standard of weight and purity during periods of intense interest in precious metals. Each of these one troy ounce rounds contains 0.999 fine silver, representing a diverse array of designs and origins from various private mints. Because these pieces have circulated through the marketplace over time, they may display natural signs of age, including minor nicks, surface scratches, or the deep, warm toning that occurs through natural oxidation. While the obverse imagery on these rounds varies widely, the reverse typically features a classic balance scale, a timeless symbol of honest weight and fair exchange. This central image is accompanied by clear inscriptions certifying its weight and purity, including the phrases "ONE TROY OUNCE" and "SILVER TRADE UNIT" alongside the metal content. These markings served to assure traders of the round's intrinsic value, making them a captivating study in the history of private silver trade.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Year | N/A |
|---|---|
| Metal | Silver |
| Weight | 1.0000 troy oz |
| Purity | .999 |
| Diameter | 39 mm |
| Thickness | 2.9 mm |
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