1981 IDC Verified 1oz U.S. Assay Office Round GSA Hoard ICG MS66

Description: Population: 17 Product Details: This US assay office silver was released in 1981 in order to counter the moves made by hunt brothers to drive up the price of silver. At that time, the Defence Logistics Agency had a large quantity of stockpile silver. Meanwhile, hunt brothers were hoarding silver trade units. This allowed them to set artificial prices for silver. At the beginning of 1981, the silver market was dealt a serious blow. The rising price of silver and global recession significantly decreased the investment demand for silver. This caused a decline in demand for industrial silver. So, the United States assay office had to flood the market with the stockpiled silver in order to bring the prices down. The 1 oz silver bullion released by the assay office has 0.999 purity and is still available in the market. They are not commonly found in the market. The US essay office was abolished before 1981. IDC Verified: IDC Verified Diamond Labels mean the authenticity has been verified by IDC professional numismatists before and after grading allowing the collector to feel secure with any coin or precious metal purchase.Most Asked Question: Do you have a Store Front? Headquarters in Clearwater, FL and 10 other locations: Tampa, FL; Orlando, FL (3) Locations; Port St. Lucie, FL; Gainesville, FL, Naples,FL, Sarasota,FL and Savannah, GA. Our Store Front is the Largest Selection of Diamonds, Pre-Owned Rolexes, and Many Other Fashionable Jewelry. Only (9) Locations but we have the Selections and Quality you are searching for. Coin & Bullion are also available at our many locations. If you’re ever looking to sell we buy also! Please Contact us with any questions you may have. International Diamond Center 3696 Ulmerton Road

Price: 92 USD

Location: Clearwater, Florida

End Time: 2024-10-05T13:40:28.000Z

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