Help identifying/valuing George Washington inaugural silver commemorative

[mts]

Hey folks. My father just gave me a silver (2 troy ounce) commemorative round/coin. It is from the bicentenial of George Washington's inauguration. It appears to be a common silver round but I don't see a mint name on it. I've looked at the US mint site for info and it doesn't look like it would be one of theirs. It has a 5 digit number on the side of the coin implying that it was a limited minting. It also came in a nice box and plastic holder (no COA included). The box is completely unmarked. He received it as a prize for meeting sales figures way back when (over 20 years ago).

Am I correct in assuming that this is probably worth very little more than melt value? Does anyone know what company would have minted it and how rare it might be?

Thanks!

 

[Rooter]

Hi, It looks very nicely done. I don't know which private mint made it but I would think that your assumption that it's value is a little more than melt is correct. There are specific collectors of non monitary silver rounds which may boost it's value. I would search Ebay for similar items in completed listings.

 

[Mackaydon]

The initial "L" under the arrow points could be either the designer's initial or a letter in the name of the mint.
Don.......

 

[mts]

Thanks for the info guys. I've looked on eBay and Googled quite a bit and I don't see anything that resembles it. I'm going to continue with the assumption that it is worth little more than a standard silver round would be unless someone proves otherwise. It is very nicely done though. It reminds me of some of the Australian silvers that I have.

I didn't even notice the little L on the back. Nice catch!