What is a silver 1 ounce coin with no date but with liberty on the front and a column with braches on the back - the text on the back says 999 fine silver one ounce?

Answer 1

It is a fake Mercury Dime and is most probably not one ounce but 19.14 gram or so

and is not .999 silver and the real value of it is about 5-8$ if you find a naive buyer.

First you should measure it for weight and test it for material. Good luck.

Of course you'd need to see/weigh the coin to find out if it's legit but I wouldn't be quick to toss the coin as being a "fake mercury dime" just yet. Does it have a dollar amount stamped into it? Another possibility is that it is a silver round. Rounds are a bit different because they're not legal tender- they're not backed by a government, so you shouldn't be able to take them into a store and purhase anything for the "face value" of a silver dollar. They wouldn't have a dollar amount listed on the coin. Rounds are worth only what the precious metal or bullion in them is worth. This means that your coin could potentially change value day to day with the spot price of silver. They're a great way to invest in preious metals because they're smaller and easier to handle than big bars. I'm almost 100% that this is what you have. I've got several rounds that are "knock-offs" of American currency. One looks like a Morgan silver dollar. The actual Morgan contained .74 ounces of slver- the round: A WHOLE OUNCE; over .35 more than the legit US curreny... Today (11-23-09) your round would be worth over 18 bucks. Walt Rosado's Advice: Hold onto it!