Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Ingots
San Francisco Mint Sheared Plate Silver Ingot. 999.75 Fine, 24.65 Ounces. Sheared plate ingots are among the scarcest types of silver ingots produced in the San Francisco Mint. They date from the early to mid-1950s, and only an estimated 2,000 of these ingots were cast. These unusual ingots were cut from a larger plate of silver to the final size. They were intended for silver storage and exchange at their intrinsic value. Most were melted. The few we have handled all have a Type Two hallmark. Most were hallmarked on both the front and back sides (some show only a partial reverse imprint), but this one just has the imprint on the front side. Ken Conaway has only seen or recorded the appearance of 30 sheared plate ingots. This piece is nicely laid out with the hallmark at the top / 522 / 24.65 OZS / 999.75 FINE. The surfaces show original, light gray patina with occasional dabs of charcoal on the edges. The serial number 522 suggests this ingot was produced in 1954.
San Francisco Mint Sheared Plate Silver Ingot. 999.75 Fine, 24.65 Ounces. Sheared plate ingots are among the scarcest types of silver ingots produced in the San Francisco Mint. They date from the early to mid-1950s, and only an estimated 2,000 of these ingots were cast. These unusual ingots were cut from a larger plate of silver to the final size. They were intended for silver storage and exchange at their intrinsic value. Most were melted. The few we have handled all have a Type Two hallmark. Most were hallmarked on both the front and back sides (some show only a partial reverse imprint), but this one just has the imprint on the front side. Ken Conaway has only seen or recorded the appearance of 30 sheared plate ingots. This piece is nicely laid out with the hallmark at the top / 522 / 24.65 OZS / 999.75 FINE. The surfaces show original, light gray patina with occasional dabs of charcoal on the edges. The serial number 522 suggests this ingot was produced in 1954.