Vintage American Argent Mint Shield Silver Round
Silver trade units not only represent silver but also evoke the spirit of global trade and exchange. These rounds were often produced by various mints and private companies made of 1 troy ounce silver round with a fineness of .999 (99.9% pure silver).
The design of the Silver Trade Unit can vary based on the mint or manufacturer. Some common features include:
- It often displays symbols related to trade, commerce, or global exchange. Examples include globes, scales, ships, or other trade-related imagery.
- May feature inscriptions such as “ONE SILVER WORLD TRADE,” “999 FINE,” and “ONE TROY OUNCE PURE SILVER.”
- The hexagonal shape is also a distinctive characteristic of some trade units.
Vintage Silver Trade Units from different years and mints are sought after by collectors. The silver rounds may have unique designs, historical significance, or limited production runs.
Some vintage trade units are no longer in circulation, making them increasingly difficult to obtain.
Today, I will feature another Silver Trade Unit!
Not much is known about American Argent Mint's past. They started about 1982 and, based to IRS filings, went out of business around 1984. Their headquarters were in Provo, Utah.1 American Argent Mint only made one type of 1 Oz bar and one type of 1 Oz round in their brief existence. A silver trade unit on the reverse was the only round that is known to have been made. On the front of that one silver round is a shield, while on the reverse of the silver bar is a stylized flying eagle (photo below from eBay).
American Argent Mint Shield Silver Round BU
Reverse: The central feature on the reverse is the scales, an image found on many trade unit silver rounds. Along the outer circle at the top "AMERICAN ARGENT MINT LTD." is inscribed. The purity and content of ".999 FINE SILVER " can be found on the outer circle below the scales. Right underneath the scales the weight of "ONE TROY OUNCE" is inscribed.
Obverse: The central image is the U.S. Shields. Above the shield in a ribbon the motto "IN GOD WE TRUST" is inscribed. The phrase "WORLD TRADE SILVER" is inscribed above the shield along the outer rim. The content "ONE TROY OUNCE" is inscribed below the shield, also along the outer rim.
Metal: | Silver |
---|---|
Metal Content: | 1 Oz |
Purity: | .999 Fine Silver |
Year: | Undated |
Issuing Country: | United States |
Series: | Shield |
Mintage: | Unknown |
Manufacturer: | American Argent Mint |
Face Value: | N/A |
Thickness: | 2.70 mm |
Diameter: | 38.1 mm |
Edge Design: | Reeded |
Mint Mark: | None |
Condition: | Brilliant Uncirculated |
These are the vintage rounds I have recently shown:
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.Awesome variation of the silver trade unit silver round @silversaver888 !😀
The shield on the Obverse is reminiscent of similar shields on US coinage very nice!!😀👍
I have not run across this variation up here in the Pacific Northwest..........
I just love rounds that have the trade unit symbol !
But why did they close shop, I wonder. Their product is so good.
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That's always a good question @silversaver888 .......🙄
So many high-quality silver mints come and go......
Yes, it's too bad!!!
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A depression.
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It's too bad they shut down because they made such nice silver. I think I might have one, not entirely sure. Thanks for the great post!
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That's a big if I can figure out which location I put it in storage. I haven't kept valuable stuff at the house in years since I used to travel a lot!
Ah, yes!
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I still wonder what she saw in him.
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I have seen this inside courts perhaps.
Perhaps!
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Scales do forever symbolize trade and commerce, just like sailing ships used to before they put cannons on them, after that they meant something else. Just ask the Japanese what Captain Perry did in 1812.
Always, with love 🤗🌺❤️
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What did Caption Perry do in 1812? That was the Battle of Lake Erie.
Is that a Northwest Territorial Mint round? Nice!
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Oops, wrong Perry. 1812 was still sail.
Commodore Matthew Calbraith Perry of the 1854 Perry expedition to Japan 'coining' the phrase gunboat diplomacy.
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Ah, Commodore Perry... , he arrived in Japan with a fleet of four ships, which the Japanese referred to as the “Black Ships.” These ships were technologically advanced and played a crucial role in convincing Japan to open its ports. His efforts paved the way for increased trade and cultural exchange between Japan and the West. (ai generated this)
I think I have that one. I’ll take a look.
I'm sure you have it, @silverd510 !
It helps that I list the silver rounds, as it helps me see what it is that I have shown, hehehe!
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She is stunning.
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Trade unit rounds are cool. I have a few, but they aren't very common here.
Most of what I have was made in America. The TD's, who made them?
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That's a shame it was so short-lived. The eagle with shield design is great!
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That's what I say! Two years... they were in existence for two years only.
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It's crazy they only lasted two years. There must've been a lot of competition and they couldn't sell enough to pay the bills. ☹️
There must be something we don't know. Nothing is written about them.
Let's start a rumor!🤣
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I heard they went out of business because the packaging smelled like farts.
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It's getting Real ....................
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All that time and nothing to chauffeur it.
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Elegant and simplistic; I like it. W have the bar but not the round. Thanks for sharing sis! Love ya much!🤗💜😘🌸💟💕🌹🌟 !LADY !LUV !PIMP
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After I show all my rounds, I'll show the bars! How about that? Hehehe!
!LUV ya more, sis!
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I like the way you take care of your Silver...
You do too!! And I like the background of your photos... they really stand out... I am referring to the American Gold Buffalo.
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I slowed down on my photos... I was starting to feel like I was showing off...
I think a i have this kind of coin in my wallet given by my grandma
Try to look for it! And show it in your blog. Don't forget to tag me and #silvergoldstackers, okay!
Thanks for the comment, @itsmateo .
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Looks like you got a fair bit of those , beautiful rounds !BBH
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I started collecting the trade units about 4 or 5 years ago when I can. I am featuring those that I have not shown yet in the past. In my opinion, they are beautiful!
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Yes I particularly like the ones that list the weight and grains grams and ounces !BBH
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Quite lovely coins and bars posted....
First I've heard of these coins though scales are rather regular in coin designs, fast as I can tell 😂
Thank you, @seki1 . It takes a while to accumulate silver.
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Silver has rallied as I mentioned last week that now is the time to buy, it is good that you are adding to your holdings.
Yes, buy! BUY to save! (This is not financial advise.)
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Silver rounds to simply go around. !BBH !LADY !PIZZA
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Hahaha! round and round and round! After this, I'll feature my 1 oz silver bars... how about that?
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