96.15 oz US Treasury Silver Grease Bar

96.15 oz US Treasury Silver Grease Bar

This rare 96.15 oz US Treasury Silver Grease Bar is currently available from Bullion Exchanges! These poured silver bars were produced in response to a nationwide push to trade in silver banknotes for actual silver. This rush was due to Congress repealing a clause assuring one dollar's worth of silver for every US dollar bill. The first grease bars ever produced received their name from their unrefined appearance, as well as their weight marked with a grease pencil. These pencil markings were often the only identifying aspects that were added to the bars. Later on, serial numbers and hallmarks were also added. As demand for these bars moved upward and production sped up significantly, the purity of these silver bars started to decline.

The front shows the bar's weight written with a grease pencil.

The back is intentionally left blank.

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