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1 oz Silver ASSAY OFFICE SAN FRANCISCO Round CC Mint 1981 US

1 oz Silver ASSAY OFFICE SAN FRANCISCO Round CC Mint 1981 US

Regular price $53.24 USD
Regular price Sale price $53.24 USD
Sale Sold out

Composition
Silver
Shape
Round
Year
1981
Fineness
0.999
Precious Metal Content per Unit
1 oz
Country/Region of Manufacture
United States
Brand/Mint
Continental Coin Company
Total Precious Metal Content
1 oz

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. 



This 1981 United States Assay Office San Francisco 1 oz .999 fine silver round CC mint is a must-have for any serious coin collector. The composition of the coin is made of pure silver, and it has a fineness of 0.999. The coin is shaped in a round manner and comes in a unit quantity of 1.


The coin was minted by the Continental Coin Company, and it has a total precious metal content of 1 oz. This coin is a great addition to any collection, and it is sure to impress. Don't miss out on the opportunity to own this stunning piece of bullion.

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