Sunday, June 19, 2016

U.S. Mint Philadelphia - Part III

In previous posts about U.S. Mint Philadelphia silver ingots I mentioned that all were dated 1946 with the exception of one that was dated 1956; that one is now part of my collection. The unique shape and amazing original toning of this ingot add to its awe. 

U.S. Mint Philadelphia silver ingots continue to be the most rare of all U.S. Government ingots, even the extremely rare U.S. Assay Office New York gold ingots are less difficult to come by than these.

This ingot has apparently been assayed once or twice over the years; note the clipped corner, a typical result of common assay practice before the days of nondestructive analysis.

And the reverse showing the original weight of 15.32 ozs.

Silver Ingots

Sunday, June 12, 2016

Homestake Mining Company - NEW UPDATE PART II

Even though I thought the Homestake Mining Company information presented in the last post was news to me, I had this vague feeling of familiarity as I worked on the blog post. Finally it came to me, the Bulldog Mine in Crede, Colorado was one of the "Franklin Mint Collection of Official Silver Ingots of the Great Western Mines".

The Franklin Mint Collection of Official Silver Ingots of the Great Western Mines were produced in 1973. 3,085 sets were made each containing 10 examples, 2,000 grains each or 4.16 oz. Sets were available in customized wooden display boxes and included a Certificate of Authenticity and booklet with historical information about each of the ten mines. 

According to the Franklin Mint booklet, Nicholas C. Creede discovered the "Holy Moses Lode" in the town that was ultimately named for him, in 1889. After the original boom and bust of silver in the late 1800's, new mining operations began again in the 1920's and one of the new mines was the Bulldog Mine on Bulldog Mountain about three miles from Creede. The Homestake Mining Company leased the Bulldog Mine and began operation in 1964. By 1972, the Bulldog Mine was producing 94,000 tons of ore annually which processed at 24.5 ounces of silver per ton.

Homestake Mining Company's Bulldog Mine in Creede, Colorado ranked in the Franklin Mint's top ten and is represented by the ingot in the upper left. 

Silver Ingots

Tuesday, June 7, 2016

Silver Ingots Tops 40,000 Pageviews!

Once again the Silver Ingots blog reaches a milestone that just blows me away; 40,000 pageviews! I wrote the first Silver Ingots blog post in February of 2013 and now, 3 years, 4 months and 146 posts later, we cross a number of pageviews that I never could have even imagined. An amazing feat that is only made possible by the tremendous support of all of my blog followers and readers; thanks so much to all of you.

Silver Ingots blog has given me the opportunity to share silver ingot information in a way never before possible. It has opened a door for new deals and introductions to numerous new friends and fellow collectors.

I looked through my 146 blog posts of photos for some of my favorite pictures from over the years to include in this 40,000 pageview post and I am going to have to go with these:

The oldest know dated US Government silver ingot, 1892 from the U.S. Assay Office New York.

December 1942, Mint Of The United States At San Francisco Bullion Deposit and Bar Delivery with seven of the original lot.

And a last one from my visit to the Old Mint Of The United States At San Francisco in October of 2014.

Silver Ingots

Thursday, June 2, 2016

Homestake Mining Company - NEW UPDATE

Bits and pieces of the story behind these unique Homestake Mining Company silver ingots have come together over the years. We know the hallmark is special, generally reserved for gold ingots. We know that the numbering is consistent with limited production or special edition Homestake Mining Company ingots. We know that the size is very rare for the Homestake Mining Company. We know that the fineness is uncommon and it has always been a puzzler. At least we were always sure of the date! 

From the story in my previous blog posts, we know that the specific ingot pictured below was presented to an office employee in Lead, South Dakota,  for service recognition. Now thanks to Travis H, we know the rest of the story! 

Travis H's father worked for the Homestake Mining Company in Creede, Colorado, at the Bulldog Mountain Operation. In 1976, he purchased the ingot pictured below along with the paper giving us the rest of the story. 

The complete story of these unique Homestake Mining Company silver ingots follows and another silver ingot mystery is solved! 

Silver Ingots