PNG Strikes 1-Ounce .999 Fine Silver Rounds

by CoinNews.net on November 6, 2017 · 3 comments

The Professional Numismatist Guild’s Accredited Precious Metals Dealers program (www.APMDdealers.org) has created special one-ounce .999 fine silver bullion rounds.

PNG APMD 1oz .999 silver round

PNG APMD 1oz .999 silver round

Participating PNG-APMD dealers will be selling the rounds to collectors and investors at competitive prices lower than some other one-ounce silver bullion products on the market.

"These handsome rounds with a proof-like luster are slightly larger than U.S. Morgan and Peace silver dollars," explained PNG President Barry Stuppler.

"They were professionally created as a way for the public to advantageously invest in a premium precious metals product guaranteed for weight and silver fineness purity, and to emphasize the importance of doing business with knowledgeable, reputable dealers."

PNG-APMD members must adhere to a strict Code of Ethics (https://apmddealers.org/apmd-code-of-ethics/) in the buying and selling bullion and numismatic precious metals items.

Participating Platinum Level APMD members (https://apmddealers.org/apmd-dealers/) will sell the silver rounds. Groups of 20 are packaged in a protective, inert plastic tubes that include a tamper-evident PNG-APMD seal.

"They will be offered to the public at prices that are only a small fraction over their intrinsic silver value," said PNG Executive Director Robert Brueggeman.

The rounds measure 39 millimeters in diameter. They were custom made by the Highland Mint of Melbourne, Florida with an "HM" mintmark.

The obverse depicts a spread-wings eagle on a rock with the legends, "APMD" near the top and "ONE TROY OUNCE .999 FINE SILVER" near the bottom.

PNG APMD silver round obverse

Silver round’s obverse

The reverse legend around the design reads "ACCREDITED PRECIOUS METALS DEALERS/KNOWLEDGE INTEGRITY RESPONSIBILITY."

PNG AMPD silver round reverse

Silver round’s reverse

The center design is the APMD logo depicting an image of Aequitas, the Roman goddess of honest merchants and fair trade, a cornucopia and the words "GUARANTEED BY APMD ACCREDITED PRECIOUS METALS DEALERS/PNG SINCE 1955."

For additional information about the PNG-APMD silver rounds and participating dealers, contact the Temecula, California-based Professional Numismatists Guild at 951-587-8300 or at info@PNGdealers.org.

{ 3 comments… read them below or add one }

Joe Brown November 6, 2017 at 1:53 pm

May be if they are a couple bucks $2.00 cheaper than the *ASE* basic coin with .999 silver content & free shipping like 1 company out there i know of. ? for any one who knows the answer. My ? is, i* don’t recall “hardly” any private *U*S* mints & our *U*S* mint, minting .9999 silver rounds, coins, medals. I sea* Canada & other world mints do. .9999 is more pure silver than .999 One more ?, has anyone ever gone to a coin buyer with one of each coin of .9999 &.999 silver & did they the same price for each coin, or did they offer a little more money for the .9999 ? Over the year i have purchased .9999 for less money than the .999, not always but it does happen a few many time. “”” over the years***** not year”””. Thanks*

Seth Riesling November 6, 2017 at 10:19 pm

Joe Brown –

When I lived in Germany 1976-1979 (as a teenager & coin collector) on our small NSA base south of Munich, we attended the world-famous original OktoberFest in Munich every year. The Bavarian state Mint (one of the 5 official Mints still in Germany to this day) struck for a local bank to sell at its kiosks on the grounds, 1-ounce cameo Proof silver medals with Bavarian scenes like the OktoberFest & King Ludwig II (the crazy King) etc. & they were marked 1000 fine silver – a first for a 100% pure silver medal or coin! I have never seen any other government Mint or private Mint strike 100% pure silver numismatic items. They were about $5 back then & in a nice leather case with COA. I still have the complete set & they must have sold a lot of them at the biggest annual event in Germany, but I don’t know the mintage figures. Most were probably sold by the owners & melted down just a few years later in 1980 when silver hit its all-time record price of about $50.35 per ounce (which is still the record price today). Germany had the technology way back then that no other Mint has today! Our U.S. Mint is so far behind others & uses mostly machinery & technology from Germany, Switzerland & The Netherlands companies.

Happy collecting Joe!

-NumisdudeTX

Joe Brown November 7, 2017 at 12:05 am

Thanks Seth, i knew i could count on you* for an answer. I’m sure you have some nice story’s in the world of coins over the many years you have been collecting. Wow, i have never seen anything “marked” 1000% or for that matter 100% pure silver. That’s a keeper* that set you have, the picture of crazy King Ludwig the 2nd must be pretty neat, i would say, God* only knows how many of that set you have, good score way back when i* must say. I’m not sure, but it was ether my dads or moms side of the family or both, someone would recite a poem about crazy King Ludwig, or just say crazy King Ludwig, when someone in our family did something “crazy” i’ll dream* on that one. I wonder if our mints their,y is, if it ant broke don’t fix it, even tho they are a light year or two behind, wasn’t that say’in* made in *America*? Thank God* for all the technology from around the world* one of the very good reasons we are *** The United States of America ***Thanks again coin dude man.*

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