LOT #4155 |
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1939 Philadelphia Mint Strip Cast Sheared Silver Ingot. 21.87 Ounces....
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Sold on Aug 17, 2023 for:
$13,200.00
Bid Source: Internet bidder
Description
1939 Philadelphia Mint, 21.87 Ounces
Strip Cast Sheared Ingot
The First We Have Seen From This Mint
1939 Philadelphia Mint Strip Cast Sheared Silver Ingot. 21.87
Ounces. There are so many unusual, and highly collectible
aspects to this ingot, it's difficult to know where to start. All
strip cast sheared ingots we have seen in the past were from the
San Francisco Mint and date from the 1953 to 1955 era. This piece
is dated 1939, and has a Type Two Philadelphia hallmark, which is
associated with ingots from 1946, so in theory this bar shouldn't
exist. (This probably just proves this hallmark type was used
earlier than previously believed). But even before one notices the
method of manufacture, what is even more unusual is the long
rectangular shape. It looks like a ruler, and curiously, it is
exactly 12 inches long, 1 3/8 inches wide, but only 3/16
inch thick. The strip has a noticeable wave. The imprints on the
left side are deeply impressed, those on the right side are
noticeably weak. The legends read: NO. 16 / OZS 21.87 / Type Two
Philadelphia Mint hallmark / 1939 / FINE / 999 / SILVER. The serial
number 12 is centered on the back side. The date is almost
non-existent on the lower portion of the middle two digits, but
close examination shows an abrupt curve in the lower half of the
third digit, making it possible to only to be a 3. The word SILVER
is likewise obscured, undoubtedly partially cut off in the shearing
process. It can best be reconstructed by reading the letters
right-to-left. Why the word SILVER is even present is another
unanswered question about this unique item. The surfaces are
original and mostly still bright-silver with occasional streaks and
patches of darker toning.
Auction Info
2023 August 15 - 20 ANA US Coins Signature® Auction #1364 (go to Auction Home page)
Auction Dates
August, 2023
15th-20th
Tuesday-Sunday
Bids + Registered Phone Bidders: 30
Lot Tracking Activity: N/A
Page Views: 14,412
Buyer's Premium per Lot:
20% of the successful bid per lot.
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