Vintage 1983 American Pacific Mint Morgan Trade Silver Round

Three months ago, I featured the 1993 American Pacific Mint Peace Trade Silver Round. Today I bring you a vintage Morgan Trade Silver Round, produced 10 years earlier. American Pacific Mint produced Silver Trade Unit with various obverses such as Draped Bust, Peace, Morgan and Eagles.

Originally known as American Pacific Mint Inc., they incorporated in Nevada in September 1965, and later moved to Azusa, California. They purchased Dallas Gold and Silver Exchange in September 1987 for an undisclosed amount. Dallas Gold and Silver Exchange continued operating as a subsidiary of American Pacific Mint. In January 1992, after seeing that subsidiary achieve record results and a 19% jump in profits, American Pacific Mint announced their plan to move their headquarters to Dallas and rename the entire company as Dallas Gold and Silver Exchange.1

Abriged history:
1965 – Incorporation of American Pacific Mint
1987 – Publicly traded American Pacific Mint acquires the assets of Dallas Gold & Silver Exchange
2007 – Dallas Gold & Silver Exchange acquires the assets of Euless Gold & Silver and opens Dallas Gold & Silver Exchange Fort Worth/Euless location
2019 – DGSE Companies, Inc. changes its name to Envela Corporation.

1983 American Pacific Mint Morgan Trade Silver Round

This here is an earlier American Pacific Mint round.

Obverse: A likeness of the Morgan dollar featuring Lady Liberty facing left is shown on the obverse. "AMERICAN PACIFIC MINT" is the name of the mint inscribed above the effigy. The year "1982" is written at the bottom. The date and the upper inscription are separated by four stars on either side.

Reverse: Typical of many trade unit silver rounds, the picture of the scales is the main focus of the reverse. Ivy sprigs on either side of the text "ONE TROY OUNCE" is engraved above the scales. The purity is marked ".999 FINE SILVER" right below the scales and the words "SILVER TRADE UNIT" underneath the purity inscription.

The APM mark is found encircled underneath the scale.


MetalSilver
Metal content1 oz
Purity.999 Fine Silver
year1983
SeriesMorgan Dollar/Trade
MintageUnkown
ManufacturerAmerican Pacific Mint
Thinckeness28.0 mm
Diameter38.0 mm
Edge DesignReeded
Mint markAPM
ConditionBrilliant Uncirculated


Source

Although the value of a Silver Trade Unit can change depending on the state of the market, it currently ranges between $35 to $40 per unit. Remember that this value might may change based on demand, condition, and rarity, among other things. Certain Silver Trade Units are highly prized by collectors due to their distinctive designs or limited mintages.


These are the vintage rounds I have recently shown:

Vintage 1983 American Pacific Mint Morgan Trade Silver Round
Vintage California Crown Mint Bell Trade Silver Round
Vintage 1986 A-Mark Eagle Round
Vintage American Argent Mint Shield Silver Round
Vintage Johnson Matthey Freedom of the Press Silver Round
Vintage 1984 Royal Hawaiian Mint Silver Kamehameha Splintered Paddle Round
Vintage South East Refining Eagle Trade Round
Vintage Highland Mint Liberty Silver Round
Vintage 1982 GSM Silver Prospector Amazon Quarter Dollar Round
1983 Engelhard American Prospector Rounds
Regency Mint Gold Panner Divisible Silver Round
Vintage Jackalope GSM California Mint Silver Round
Vintage 1973 World Mint Corp Prospector Silverado Round
Vintage 1982 GSM Silver Prospector Eagle Round
Vintage 1982 GSM Silver Prospector Stagecoach Round
Vintage Highland Mint 1 oz Prospector Silver Round
Vintage 1974 U.S. Silver Corporation Eagle Globe Round
Vintage SilverTowne Draped Bust Silver Round
Vintage 1986 Liberty Mint Liberty Bell Silver Round
Vintage Hamilton Mint U.S.S. Sacramento
Vintage Hamilton Mint U.S.S.San Francisco
Vintage Hamilton Mint U.S.S. Honolulu
Vintage 1974 Liberty Lobby George Washington Silver Round
Vintage 1982 Northstar Mint Morgan Round
Vintage 1991 Liberty Mint Bill of Rights Round
Vintage 1993 American Pacific Mint Peace Dollar Trade Round
Vintage 1984 Parliament Shield Silver Round
Vintage 1985 Johnson Matthey Alaska Round
Vintage Columbia Mint George Washington Round
Vintage 1974 USPS Universal Postal Union Round
Vintage 1972 USPS Universal Postal Union Round
Vintage 1986 Silver Statue of Liberty
Vintage California Crown Mint Silver Round
Vintage AS&M Eagle Silver Round
Vintage Liberty Lobby Lady Liberty Silver Round
Vintage Rariteis Liberty Silver Round



Reference
1https://en.wikipedia.org/wiki/DGSE_Companies
https://agroundworld.com/
https://en.numista.com/catalogue/exonumia21771.html



😍#ilikeitalot!😍

Gold and Silver Stacking is not for everyone.
Do your own research!

If you want to learn more, we are here at the Silver Gold Stackers Community. Come join us!

Thank you for stopping by to view this article.

I hope to see you again soon!

Hugs and Kisses πŸ₯°πŸŒΊπŸ€™!!!!





I post an article daily. I feature precious metals every other day, and on other days I post articles of general interest. Follow me on my journey to save in silver and gold.

@silversaver888

.
H2
H3
H4
3 columns
2 columns
1 column
75 Comments
Ecency