A LONG while back I posted messages regarding the $10 silver strikes and the fact that they are of a two piece construction. A brass outer ring and a center fine silver insert.
Several years ago I wrote the Nevada Gaming Commission and they issued a change in policy regarding the stamping of ".999 Fine Silver" on a metal that contained no fine silver, thereby causing the tokens to have the stamp on the center portion of the tokens.
To this day I still am writing E-bay sellers regarding their descriptions regarding the composition of these tokens.
I am wondering how many of you know the composition of the token pictured below?
Is this token Solid Silver?
Is this token a two piece Construction?
If it is a two piece construction which part is pure silver?
If it is a two piece construction what is the other base metal used?
While following the thread below regarding the Hobby Protection Act, I browsed the web and was taken to the Federal Trade Commission. Where I found some interesting regulations regarding "the stamping of gold and silver on items?
http://www.apeccp.org.tw/doc/USA/Policy/ch8.html
Does this language bar a manufacturer from stamping ".999 Fine"(Silver or Gold) on any item that does not contain it. As is the case with the UNREVISED $10 gaming tokens?
I am wondering. That although Nevada made a requirement change, if this change was also made on all $10 tokens from Casino's outside Nevada? I've seen many tokens from outside Nevada and have seen a "FEW" changes.
I am wondering if Anchor and the actual Token Manufacturer's are in violation of the FTC regulations? As with all legislation, it is still vague to me.
Another question I have is how liable a would a person be who is selling these items stating the item weighs 1.2 ounces of pure silver, if a person complained to "whatever authority"? I still find that many of these sellers who reply to my e-mails are ANA coin dealers.
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