Difference between Sovereign & Generic Silver Rounds

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  • Опубликовано: 19 окт 2024

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  • @dave-yg8nd
    @dave-yg8nd 3 месяца назад +1

    Thanks Rodney

  • @SomeRandomname-m4m
    @SomeRandomname-m4m 3 месяца назад +1

    Good explanation, new sub, and share

  • @DiggNitty
    @DiggNitty 3 месяца назад +1

    I believe those are coins and not rounds. Rounds do not carry a denomination struck to it. Not sure if the silver eagles nick name is walking liberty🤔

    • @bgs9man
      @bgs9man  3 месяца назад +2

      Correction, Sovereign Rounds do have the denomination or value stamped on the round for that’s what makes them Sovereign. As for the American Silver Eagle design it is the same design that is used on the Walking Liberty Half Dollar. The image is so iconic they used the same design for the ASA.
      Walking Liberty or Lady Liberty walking to the Sun is one and the same design. Thanks for watching and commenting 👍.

    • @DiggNitty
      @DiggNitty 3 месяца назад +1

      @@bgs9man Thanks for responding. What would be the distinction between soverign rounds and soverign coins? I been pretty sure rounds never have a denomination struck to them because they then would be categorised as coins? Thank you!

    • @bgs9man
      @bgs9man  3 месяца назад +2

      @@DiggNitty- “To be considered a “coin”, a piece must have the following attributes:
      Minted by a sovereign government
      Designated as legal tender and containing a minimum face value
      Has a date inscribed on the coin’s face.”
      So technically you can spend your Sovereign ASE for a dollar, but to do so you would lose about $29 because Silver is hovering around $30 an ounce. Another thing to keep in mind that Sovereign Rounds are generally made for collectors while coins are made for commerce or everyday business transactions. 👍

    • @DiggNitty
      @DiggNitty 3 месяца назад +1

      @@bgs9man Great info there. I always knew the info about coins but rounds/medals, I believe are in a separate category and not legal tender. Correct me if I am wrong.

  • @jjlyon100
    @jjlyon100 16 дней назад

    *Austrian not Australian :)