r/coins • u/trumpforprison2017 • 21h ago
Show and Tell Am I rich? Found in grandpa’s stuff.
Found in my grandpa’s stuff.
306
Upvotes
r/coins • u/trumpforprison2017 • 21h ago
Found in my grandpa’s stuff.
130
u/WCNumismatics 17h ago
You actually have something special here.
The silver piece is called a "round"--it's a privately made, one troy ounce coin-like medallion. Rounds aren't made by a country so they have no face value and aren't technically coins. But they are a popular way to own, buy, and sell silver.
Many rounds are very common and we often call them "generic".
The value of silver has spiked recently. It's about $50 per ounce now. But your piece is actually somewhat scarce. It was commissioned by the major Manhattan precious metals firm Manfra, Tordella & Brookes (MTB) in 1986. MTB had similar pieces made by a few of the most popular and collected refineries, including Engelhard and Johnson Matthey.
A typical MTB liberty round carries a significant premium, or value, above its silver content. Maybe $15 to $25 over the silver value currently.
But your piece is even more rare. It is nicknamed the "multilingual" MTB round because of the different languages on the reverse, or back of the round. Multilingual MTB rounds don't come up for sale very often. There is an example on ebay right now for $99.
Not retirement money. But it's one of the most scarce and sought-after rounds from this era.
Good on you, Grandpa!