1 oz Silver Trade Unit .999 Fine Silver Round

Updated August 20, 2026

This auction ended on August 27, 2026. See upcoming auctions from Iowa Surplus & Estate Auctions.
Lot number70
Estimate62.50 - 187.50 USD
AuctionAUG 27 26 GOLD SILVER BULLION SLABBED KNIVES CARDS
DateAugust 27, 2026 at 6:00 PM CDT
Auction houseIowa Surplus & Estate Auctions
LocationCoralville, Iowa

1 oz Silver Trade Unit .999 Fine Silver Round 1 oz Silver Trade Unit .999 Fine Silver Round This 1 oz Silver Trade Unit is struck in .999 fine silver and features the classic balance scales design on the obverse, symbolizing accuracy and intrinsic value. The text clearly denotes its weight as one troy ounce (31.1 grams) and its high purity of .999 fine silver. The reverse showcases a majestic eagle with its wings spread, set against a backdrop of a waving American flag and stars, framed by a delicate laurel wreath. This specific round exhibits a unique natural toning across both surfaces, providing a distinct vintage character that highlights the detailed engraving. As a bullion round, it serves as a reliable asset for collectors looking to add high-purity silver to their holdings. 1 oz Silver Trade Unit .999 Fine Silver Round Eagle and Flag Condition: The round exhibits significant environmental toning and surface oxidation, particularly visible on the reverse side featuring the eagle and flag. This toning presents as dark golden and brown hues across the fields. The obverse shows lighter rim toning. There are various contact marks, small scratches, and milk spots consistent with a circulated or improperly stored bullion item. The strike remains sharp, with full detail visible on the scales and the feathers of the eagle. Mint: Private Mint Metal Content: .999 Fine Silver Historical Context: Silver Trade Units were popularized in the 1970s and 1980s by various private mints as a way for investors to hold silver in a recognizable and tradable form, often featuring iconic American imagery like scales or eagles. Strike Type: Business Strike / Bullion Grading: Ungraded (Raw) silver trade unit, troy ounce, .999 fine silver, silver bullion, eagle, american flag, scales of justice, silver round, precious metals, numismatics, silver coin, 31.1 grams, bullion investment, toning, collector silver silver trade unit, one troy ounce silver, .999 fine silver, silver bullion, silver round, collectible silver, investment grade silver, silver trade coin, numismatic silver, precious metals silver IMPORTANT BIDDER NOTICE Bidder is solely responsible for determining value, condition, completeness, authenticity, fitment, grade, and usefulness before bidding. THIS ITEM IS SOLD STRICTLY AS-IS, WHERE-IS, WITH NO WARRANTIES OR GUARANTEES OF ANY KIND, EXPRESSED OR IMPLIED. ALL SALES ARE FINAL. NO REFUNDS. NO RETURNS. NO CANCELLATIONS. NO BID RETRACTIONS. By placing a bid, the bidder acknowledges that they have reviewed the title, description, photographs, and any auction notices, and have had the opportunity to ask questions before bidding. Bidder agrees that: The item is being purchased strictly as shown in the photographs and described in the listing The auction house does not grade, test, appraise, or authenticate items unless specifically stated By registering and placing bids, the bidder expressly authorizes Iowa Surplus & Estate Auctions to

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