US Mint silver ingots have some amazing history tied to them. Attached to that history is a strong collectable demand. It's hard to describe the crude feel of these ingots. It's truly a one of a kind experience when holding an ingot like this in your hand. Prior to owning one. I had a tough time understanding what all the "buzz" was about.
I want to TRY and describe the "buzz" that surrounds these ingots. I believe one of the best ways I can do that is offer detailed photos from one of my origional US Mint assay bar purchases.
I had a unique opportunity presented to me as a result of my consistent "treasure hunt" mentality. Over the years I grew a relationship with a sales rep at one of the oldest brick and mortar coin shops in Chicago. He mentioned to me the owner had a couple San Francisco ingots that he has held on his personal collection for decades. After some of my own research I discovered this gentleman had a world renownd collection. I honestly wasn't prepared for what was to come. .
A few days later I recieved photos of 5 different US mint San Fransisco 5oz class ingots. They were ALL the most origional ingots I have seen to date. I am going to share photos of the TOP EXAMPLE out of the group. This is what I believe to be the best way to describe the "buzz" behind these. .
US Mint San Fransisco 5.84oz Silver Ingot- Type 1 Hallmark. This particular piece has a well struck hallmark. It's not perfectly center but demonstrates a strong eagle stamp. Notice the '3' on the serial number 983. The '3' is actually a double stamp to cover up an error! A very unique charactoristic not often seen.
** The side layering demonstrated on this example is outstanding. A very popular charactoristic amongst collectors. Strong side layering offers a very crude look. The origional dark patina is evidence of 70+ years sitting in a dark safe!!**
** Here is an amazing sight. What your seeing here on the top half of the bar is the weight written in black marker. This was a common practice used during production. They would weigh the blank ingot. Write the weight on it. THEN stamp the weight. This method was used to ensure the weight was accurately stamped. It is very rare to see the origional marker still present on the ingot. Often times it is cleaned/washed off. Other times it just wears off due to rough handling. Also, the "cooling lines" shown on the reverse side of this ingot is not common. Usually seen in a rougher uneven finish.**
** Information provided at http://silveringot.blogspot.com/?m=1. Showing the difference between the type 1 and type 2 hallmark.**
In my opinion, this is a TOP EXAMPLE of a US Mint San Fransisco assay ingot. An example worth showing and discussing here on Steemit. It was my intention to dig into the story behind this ingot. As well as provide the appealing details that make them what they are. I will leave you with the most recent auction that took place on eBay only a couple days ago. .
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