JoppySlow

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

No. He asked $25 for each. Which seemed reasonable to me because the listings I was seeing at major online dealers (Apmex, JM, SD) was $26-27 range (for CC/PayPal - not bothering with check payment for the small amounts I'm getting) plus shipping and tax. So I handed the guy a Benjamin and he handed me four silver rounds, in flips. No muss, no fuss.
 
Yeah, it is unique. I did an image search for "1 oz silver round Prospector" and the only example I found for this design was a thumbnail image for an old ebay listing, that is no longer there. Kinda' weird that the thumbnail still shows up in the search list of images, but the ebay link was dead.
Here's the reverse.

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Being a new silver buyer, with a limited budget, I told myself I was just going to stick with stacking and not get distracted by "collecting." But then I was looking around on the JM Bullion website and, well.... Lady Godiva captivated me. She even convinced me that I need to start working on this Medieval Collection. I went all in... the box, the Air-Tite holders, the Coppers. Only ones available right now are Lady Godiva and The Pied Piper, which are the 2nd and 3rd releases (out of seven). Robin Hood, the 1st one, is listed as out of stock with an option to be added to an alert list. I'm hoping that means they're going to be striking some more, otherwise I guess I'll be shopping ebay for that one.
Resistance was futile. 

Hmmm... I'll take it from the lack of replies to my previous question that I was still making much ado about nothing.
Well, I decided to take some of these to a downtown coin shop. I talked with a kindly elder gentlemen, who's been in the business for over 40 years, and expressed my concerns. He basically reinforced what some of you have said here. Nothing he would even think about questioning. 
I had $100 with me and asked if he had any similar 1 oz. rounds. I left the store with four new "generics" to add to my humble little stack. 
 

Hmmm... I'll take it from the lack of replies to my previous question that I was still making much ado about nothing.
Well, I decided to take some of these to a downtown coin shop. I talked with a kindly elder gentlemen, who's been in the business for over 40 years, and expressed my concerns. He basically reinforced what some of you have said here. Nothing he would even think about questioning. 
I had $100 with me and asked if he had any similar 1 oz. rounds. I left the store with four new "generics" to add to my humble little stack. 
 

Hmmm... I'll take it from the lack of replies to my previous question that I was still making much ado about nothing.
Well, I decided to take some of these to a downtown coin shop. I talked with a kindly elder gentlemen, who's been in the business for over 40 years, and expressed my concerns. He basically reinforced what some of you have said here. Nothing he would even think about questioning. 
I had $100 with me and asked if he had any similar 1 oz. rounds. I left the store with four new "generics" to add to my humble little stack. 
 

This is a press release to make the company look good to investors 😊
I think the low figure of $2.64 per ounce suggests there is a high percentage of by-product credits so it lowers the cash cost. It doesn't mean the company can run a silver mining operation at $2.64 per ounce.
Have a look at this article. It should explain it better.
 https://www.silverdoctors.com/gold/gold-news/silver-mining-costs-exposed-cash-cost-fallacy/
 
 

I think it depends on the mining company and which of their mines. Some mines are more efficient and have a higher yield than others. Silver production costs vary from country to country too. Operating costs - labour, machinery, fuel and currency exchange rate all play a part. 
For example, from the chart below (Q3 2018), one company might see all-in sustainable costs above the $16 per ounce, while other companies reported costs of $10.80 per ounce. 

 
Statista reported that silver coming from primary silver miners decreased significantly in 2020 and this trend is going to continue going forward.  Silver is now largely extracted from the ground as a by-product of mining other metals like gold, lead, zinc and copper.
In short, silver is so so under valued.

Speaking of which... I just discovered this morning that this "design" that I like so much is simply a replication of the Walking Liberty Half Dollar. 

Ah, ok... I have seen some coins with "troy oz" marked on them. That completely slipped my mind when I was weighing them.
I am leaning towards "not gonna' worry about it."
Thanks for all the replies. 

Hi all,
So, I think I've been bitten by the silver bug. I made a bit of an impulsive purchase of four 1 oz Rounds from a site I randomly happened upon. They're from a small private mint and I'm happy with what I got for generic rounds, but one of the coins has some... blemishes, I guess you could call them?
On the reverse, the left side (maybe 20%) of the coin has a slightly different, lighter/smoother finish that leaves a visible line running downwards in front of the eagle.
And then there's a small ding/gouge right alongside the Mint Mark.
Are these things I should be concerned about? Is it worth bothering the dealer for a return/replacement for the one coin? For me, this is one of those, "Now that I know it's there, I can't NOT see it." 
I was able to determine they're made by OZ Mint, in Utah. https://oz-mint.com/
 

Hmmm... that got me curious. I weighed the coin on my kitchen scale and it came up as 1.1 for ounces, 31 for grams. (1 oz = 28.35g)
While it's not a precision instrument (doesn't have decimals for grams), it does show exactly 30g when I put 6 regular nickels on it. Modern nickels weigh 5g, so I know it's fairly accurate.
Is that something to be suspicious of?
These are Walking Liberty coins, btw. I'm kind of partial to those at this early stage in my journey. And I happen to really like this particular design for the reverse.
Even though I'm mainly interested in them as a store of value, I am enjoying the aesthetic appeal of some designs more than others.

As your first piece of silver (which I assume it is?), keep it. Never throw it away, never sell it.
I think most stackers and collectors keep their first purchase as a memento. If not their first ever coin/bar/round, then they certainly keep something akin to it as a memory.
For example, my stupid, ill-informed self bought from a UK dealer because the dealer I wanted to use (Chards) at the time didn't have inventory. I ended up paying a high premium and would only just be breaking even if the price continued to rise. To make sure that this terrible pain and life-lesson lasts me a lifetime, I am going to be holding all parts of that particular purchase until I am about ready to shuffle off this mortal coil. @LawrenceChard has yet to forgive me too.
I should have just waited like a good, sensible monkey, but, no-no, I had to go in with two feet, the kitchen sink, the clothes on my back, et al.

Oh, my... @HerefordBullyun, thank you for including that link to the "significant videos" in your sig. That will keep me occupied for a good while. 😄

Thank you all, for the warm welcomes. 🙂

Thank you all, for the warm welcomes. 🙂

Ah, ok... I have seen some coins with "troy oz" marked on them. That completely slipped my mind when I was weighing them.
I am leaning towards "not gonna' worry about it."
Thanks for all the replies.