Introducing the 1 oz Silver U.S. Assay Office Vintage Art Round, a piece of history brought to you by Provident Metals. Back in January of 1980, silver reached an astonishing price of almost $50, equivalent to over $160 an ounce today when adjusted for inflation. This surge was triggered by the Hunt Brothers, who amassed silver to safeguard against market shifts. What followed was famously known as Silver Thursday, aimed to rapidly lower silver prices, leading the government to release its silver stockpile into the market. And now, you have the chance to own a piece of this historic moment through the 1 oz Silver U.S. Assay Office Vintage Art Round, available at Provident Metals.
Every order of the 1 oz Silver U.S. Assay Office Vintage Art Round will arrive meticulously encased in protective plastic flips, ensuring the preservation of your prized silver round. These rounds bear the “CC” mint mark, although they were not minted in Carson City. Instead, this mint mark is tied to the Continental Coin & Jewelry Company, which played a key role in crafting these remarkable rounds.
The obverse side of the Silver U.S. Assay Office Vintage Art Round proudly showcases an eagle soaring amidst the backdrop of the American flag. The design takes center stage on the obverse, flanked by wreaths on either side. The round’s unique identifying marks are positioned at the top and bottom of the design, adding to its distinct charm. These marks include ONE TROY OUNCE, 31.1 GRAMS, .999 FINE SILVER, and SILVER TRADE UNIT.
The reverse field of the 1 oz U.S. Assay Office Vintage Art Round presents additional identifying marks. Inscriptions on this field include MINTED FROM U.S. STRATEGIC STOCKPILE SILVER, 1981, CC, and FORMERLY STORED AT U.S. ASSAY OFFICE SAN FRANCISCO.
The Hunt Brothers, Nelson, Lamar, and William, embarked on a mission to control the silver market. Their accumulation of non-government silver peaked at around 1/3 of the total holdings before 1979. The year 1979 saw silver’s value soar from just over $6 to an all-time high of $49.45 per ounce, an impressive 713% surge. To counter this price surge, the government swiftly released 165 million ounces of silver into the market, causing the Hunt Brothers to suffer a significant financial loss of around $1.7 billion.
Contact our dedicated customer service team at Provident Metals by calling 1-800-313-3315. We’re here to assist you with any questions you might have. You can also reach out through email or take advantage of our convenient online chat feature.
When the subtotal of your purchase, including applicable discounts, is $199 or more, you receive free shipping for your entire order. In order to receive free shipping on purchases of $199 or more, you must live within the 50 US states. For orders less than $199, a $9.95 shipping fee applies. All products are discreetly packaged and shipped with full insurance included.
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For those orders of $999.99 or less, there is no need to sign for your package. However, you may select the option to require a signature at delivery if you want. This can be chosen and paid for at checkout. All orders of $1000 or more require a signature to complete delivery.
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|Certificate of Authenticity
|1 Troy Ounce
|Orders over $199 Ship Free