Precious Metals Investment Appraisal

Engelhard 1 Troy Ounce .999 Fine Silver Bar

The items are two rectangular silver bars, each weighing 1 troy ounce and composed of .999 fine silver. They exhibit a uniform, dark patina characteristic of aged silver exposed to air, suggesting no recent cleaning or polishing. The surface shows some minor scuffs and marks consistent with general handling and storage over time, but no significant dents or deep scratches are immediately visible. The edges appear slightly rounded from wear. Each bar is clearly embossed with the brand name 'ENGELHARD' in a distinctive oval-shaped cartouche at the top. Below the brand name, the weight '1 TROY OZ.' is stated, followed by the purity '999 FINE SILVER'. Each bar also features a unique serial number: 'PM03039' for the top bar and 'PM03195' for the bottom bar, indicating individual identification for each piece. These markings are deeply struck and legible, demonstrating robust manufacturing. Engelhard PGM bars are generally considered vintage, with production of silver bars like these occurring primarily from the 1970s through the early 1990s before the company's precious metals division was acquired by BASF. The craftsmanship is utilitarian but precise, typical of investment-grade bullion, focusing on accurate weight and purity rather than elaborate design. The overall condition suggests they have been stored as investment assets, developing natural toning rather than being subjected to heavy use or display. Their uniform appearance and legible markings indicate good quality and authenticity, making them identifiable investment pieces.