Last updated on May 2nd, 2024 at 03:31 pm
Last Updated on May 2, 2024 Posted by Colonial Acres Coins
Check Out the Pony Express Silver Bullion Bar From SilverTowne
Silver bullion is a way to add tangible assets to your investment portfolio. You do not need to purchase only Canadian bullion if you are Canadian. Bullion is available for purchase from any country, including the United States.
Bullion comes in several different forms, including coins and bars. Even amongst silver bullion bars, there are many variations. For example, the bars come in different sizes and weights. Some are cast, while others are machine stamped.
Even if you are primarily collecting silver bullion for its investment value, the aesthetics of the bars can offer enormous satisfaction as well. Finding out more about the SilverTowne one-kilo Pony Express silver bullion bar gives you a better understanding of why you should buy it.
History of the SilverTowne Brand
SilverTowne is a dealer of coins and bullion based in the U.S. state of Indiana. It was founded in 1949 by Leon Hendrickson. Born in 1926, Hendrickson was a World War II vet who married his high school sweetheart while still in the service. He became interested in coins when working in a restaurant he and his wife owned in partnership with his wife’s parents. What started out as a hobby grew into a business. SilverTowne has affiliations with many respected numismatic organizations, including the American Numismatic Association and the Professional Numismatists Guild.
Significance of the Pony Express Design
Prior to the mid-19th century, the settlement of the continent was expanding rapidly to the west. Mail delivery service lagged behind. It could take a mail coach 25 days to travel from one side of the continent to the other. Mail that had to travel across the Atlantic could take even longer. As a result, it was difficult for settlers on the new frontier to keep in touch with the folks back home.
Beginning operation in 1860, the American Pony Express was designed to reduce the time it took to deliver the mail. All across the frontier, the company set up relief stations along a mail route. Each rider would cover one leg of the journey and, upon reaching one of the relief stations, would transfer the mail to a new rider who was waiting.
The Pony Express was successful in reducing the amount of time it took to deliver mail. Customers went from waiting for the better part of a month for delivery to a week and a half on average. Nevertheless, the enterprise only lasted 18 months. Multiple factors contributed to its downfall. Because of the high costs involved, its customer base was limited, which made it financially unsustainable. The death blow to the Pony Express was probably the completion of the transcontinental telegraph, which was able to transmit messages over long distances nearly instantaneously.
Despite its short duration, the Pony Express has left an indelible imprint on the collective imagination. The rider depicted on the SilverTowne bullion bar represents the qualities of hard work, dedication, and fortitude so highly prized by Canadians as well as Americans.
Advantages of Purchasing the SilverTowne Pony Express Bullion Bar
Silver bullion bars typically come in a size of one Troy ounce. This makes them cumbersome when you wish to make a large purchase. The SilverTowne Pony Express bullion bar weighs one kilogram, making it equivalent to more than 32 Troy ounce bars, making it much more efficient to purchase and own.
The SilverTowne bar is also an example of cast, hand-stamped silver bullion rather than a machine-stamped variety. This gives it a unique visual finish that, because it seems to belong to another time, fits in well with the historic Pony Express motif.
Purchase Bullion Canada From Colonial Acres
The Pony Express bar is just one example of the silver bullion you can find for sale from Canada and around the world at Colonial Acres Coins.
