In the 1980s, a notable event unfolded in the American silver market. The Hunt brothers, namely Nelson Bunker Hunt and William Herbert Hunt, together with other family members, attempted to acquire and hoard substantial quantities of silver to influence its price. This endeavor led to a surge in the price of silver during the early 1980s, reaching nearly $50 per ounce. In response, the United States government released silver from its strategic stockpile into the market to stabilize prices. Now, you have the opportunity to purchase 10 oz U.S. Assay Office Silver Bars online through BGASC.

Highlights:

• Comes securely encased in protective plastic within a shipping box!
• Crafted using silver sourced from the U.S. strategic stockpile!
• Originally housed at the San Francisco U.S. Assay Office!
• Contains 10 Troy ounces of .999 pure silver.
• The obverse side showcases the majestic American bald eagle and the US flag.
• The reverse side displays distinctive hallmarks for identification.

Each 10 oz U.S. Assay Office Silver Bar is delivered to you with protective plastic packaging inside a shipping box. These bars were initially stored at the U.S. Assay Office in San Francisco, utilizing silver from the United States’ strategic stockpile.

Obverse

On the obverse side of U.S. Assay Office Silver Bars, you’ll find a majestic American bald eagle in flight, with an American flag on a pole in the background. The eagle is surrounded by stars, and the field includes the distinctive hallmarks of the bar.

Reverse

The reverse of the 10 oz U.S. Assay Office Silver Bar features additional identifying hallmarks, including the name of the U.S. Assay Office and the production date of the bar.

History

In the 1960s, the Defense Logistics Agency held more than 165 million ounces of silver in the nation’s strategic silver stockpile. Concerns arose in response to the Hunt brothers’ efforts to manipulate the silver market, prompting regulatory agencies and the U.S. government to take action to safeguard financial markets and the broader economy.

Ordering

If you have any inquiries about purchasing silver bars, please do not hesitate to reach out. BGASC’s customer service team is available to assist you at 888-992-4272, and you can also contact us through web chat or email.