Afternoon everyone ….
I was browsing through some completed auctions last night. I like doing this from time to time, to see what market value is on coins. I came across this on one of the auction sites last night.
It’s a Assay ingot from the United States San Francisco Mint Office. The weight of the ingot is 29.24 troy ounces. It has a stamped serial number of 1601.
I just looked up the serial number, this assay bar was poured in 1880.
The realized final sale of this bar was $3,840. That does not include the buyers premium which is typically between 10-20% of the winning bid.
So somebody paid over $100 an ounce for this silver ingot.
Here it is….