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January 2022 NYINC Auction  14-16 Jan 2022
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Lot 1352

Starting price: 2100 USD
Price realized: 3700 USD
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GREAT BRITAIN. Gold 5 Tolas Ingot, ND (ca. 1960). London Mint (Royal Mint Refinery). PCGS AU-58.
A-600. AGW: 1.8704. Fineness: .996. This neat ingot was poured in Tola weight, a standard unit of measurement for precious metals in South East Asian. Despite the PCGS holder, this example is only .996 fine, indicating an early date of production. Perhaps this piece was meant for export, and Ahlers in his book describes Tola ingots are being more uncommon than troy ounce or gram standard products.

Established in 1852, the Royal Mint Refinery was operated by N.M. Rothschild & Sons for more than 100 years. By the time it ceased operations in 1968, the Refinery developed such a stellar reputation that it was processing much of the gold and silver bullion sent to London from around the world. After a 47-year hiatus, the Royal Mint revived the Royal Mint Refinery brand in 2015, although the present example clearly dates to the earlier period under Rothschild & Sons.



Estimate: $3500 - $4500

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