100.07 oz US Treasury Silver Grease Bar

100.07 oz US Treasury Silver Grease Bar

This 100.07 oz US Treasury Silver Grease Bar will make an excellent addition to any precious metals portfolio. After Congress repealed a clause assuring one dollar's worth of silver for each US dollar bill, these crudely poured silver bars were created in response to a nationwide rush to trade in silver banknotes for actual silver. The first grease bars produced got their name from their unrefined appearance and the grease pencils that were used to mark their weight. The grease pencil markings were often the only identifying factors that appeared on the bars. As demand increased and production sped up, the purity of the bars began to decline.

The obverse showcases the weight of the bar written in a grease pencil.

The back is left intentionally blank.

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