LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Gold "tumbaga" bar #M-1014, 310 grams,...

Gold "tumbaga" bar #M-1014, 310 grams, marked with six finenesses VI, two letters B (or R), and five

Currency:USD Category:Coins & Paper Money / Shipwreck Ingots Start Price:16,000.00 USD Estimated At:20,000.00 - 30,000.00 USD

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This item SOLD at 2020 Nov 17 @ 14:16UTC-5 : EST/CDT

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Gold "tumbaga" bar #M-1014, 310 grams, marked with six finenesses VI, two letters B (or R), and five partial tax stamps, cut at one end, ex-"Tumbaga Wreck" (ca. 1528), Garcia-Barneche Cover and Plate, ex-Jones (Plate Piece). 9" x 1" x 1/4". The unidentified Spanish wreck known as the "Tumbaga Wreck," salvaged in 1993 off Grand Bahama Island, yielded the world's only known examples of ingots made from native artifacts in mixed silver, copper and gold, and while the silver ingots are now fairly well cataloged and traced to the Tarascan culture in Michoacan, Mexico, the gold ingots are still a bit of a mystery, mostly because there are too few to study. There seems to be some evidence the gold bars were cast in Santo Domingo (Dominican Republic), but their finenesses do not follow any pattern, the present ingot being marked 6K but probably more like 7K-10K in actuality. In fact this ingot is similar to the well-known "finger bars" of almost a century later from the Atocha (1622), the metal poured into a crude, natural, slightly bent "strap" with rounded sides and ends but one end clipped off, either to test the fineness or to make an "oro corriente" piece. About halfway down the length there is a natural void in the edge. Everywhere else on the top you see alternating markings, with attractive reddish-gray patina throughout, again like the later pieces that were clearly made to be broken up into coin-sized pieces, each with enough of a marking to prove official manufacture (and thus taxation). It is fitting that such an interesting piece ended up in Peter Jones' collection, adding to its already lengthy pedigree. From the "Tumbaga Wreck" (ca. 1528), pictured on the cover and on p. 66 of Agustin Garcia-Barneche's The "Tumbaga" Saga (2nd ed, 2018), also pedigreed to the Dr. Peter Jones collection, plated on pages 36, 38 and 215 of his book The First Coins of the Americas (2020), and to our Auction 10 (lot #242) and to the Christie's auction of June 1993 (lot #296), and featured (as a drawing) on p. 28 of Craig and Richards' book Spanish Treasure Bars (2003). Recovered from: "Tumbaga Wreck," sunk ca. 1528 off Grand Bahama Island If Tax Number is requested and supplied, buyer will be exempt from paying tax on his invoice. (FLORIDA) NOTE: Read the terms and conditions or contact us regarding possible tax collection outside of Florida.

Taxes:

Tax	Rate	Desc.
FSTA	6.75%	Florida Sales Tax - Alachua
FSTB	7%	Florida Sales Tax - Baker
FSTB	6%	Florida Sales Tax - Bay
FSTB	7%	Florida Sales Tax - Bradford
FSTB	6%	Florida Sales Tax - Brevard
FSTB	6%	Florida Sales Tax - Broward
FSTC	7.5%	Florida Sales Tax - Calhoun
FSTC	7%	Florida Sales Tax - Charlotte
FSTC	6%	Florida Sales Tax - Citrus
FSTC	7%	Florida Sales Tax - Clay
FSTC	6%	Florida Sales Tax - Collier
FSTC	7%	Florida Sales Tax - Columbia
FSTD	7%	Florida Sales Tax - De Soto
FSTD	7%	Florida Sales Tax - Dixie
FSTD	7%	Florida Sales Tax - Duval
FSTE	7.5%	Florida Sales Tax - Escambia
FSTF	7%	Florida Sales Tax - Flagler
FSTF	7%	Florida Sales Tax - Franklin
FSTG	7.5%	Florida Sales Tax - Gadsden
FSTG	7%	Florida Sales Tax - Gilchrist
FSTG	7%	Florida Sales Tax - Glades
FSTG	7%	Florida Sales Tax - Gulf
FSTH	7%	Florida Sales Tax - Hamilton
FSTH	7%	Florida Sales Tax - Hardee
FSTH	7%	Florida Sales Tax - Hendry
FSTH	6.5%	Florida Sales Tax - Hernando
FSTH	7%	Florida Sales Tax - Highlands
FSTH	7%	Florida Sales Tax - Hillsborough
FSTH	7%	Florida Sales Tax - Holmes
FSTI	7%	Florida Sales Tax - Indian River
FSTJ	7.5%	Florida Sales Tax - Jackson
FSTJ	7%	Florida Sales Tax - Jefferson
FSTJ	7%	Florida Sales Tax - Lafayette
FSTL	7%	Florida Sales Tax - Lake
FSTL	6%	Florida Sales Tax - Lee
FSTL	7.5%	Florida Sales Tax - Leon
FSTL	7%	Florida Sales Tax - Levy
FSTL	7%	Florida Sales Tax - Liberty
FSTM	7.5%	Florida Sales Tax - Madison
FSTM	6.5%	Florida Sales Tax - Manatee
FSTM	6.5%	Florida Sales Tax - Marion
FSTM	6.5%	Florida Sales Tax - Martin
FSTM	7%	Florida Sales Tax - Miami-Dade
FSTM	7.5%	Florida Sales Tax - Monroe
FSTN	7%	Florida Sales Tax - Nassau
FSTO	6%	Florida Sales Tax - Okaloosa
FSTO	7%	Florida Sales Tax - Okeechobee
FSTO	6.5%	Florida Sales Tax - Orange
FSTO	7%	Florida Sales Tax - Osceola
FSTP	6.5%	Florida Sales Tax - Palm Beach
FSTP	7%	Florida Sales Tax - Pasco
FSTP	7%	Florida Sales Tax - Pinellas
FSTP	7%	Florida Sales Tax - Polk
FSTP	7%	Florida Sales Tax - Putnam
FSTS	6%	Florida Sales Tax - Saint Johns
FSTS	7%	Florida Sales Tax - Santa Rosa
FSTS	7%	Florida Sales Tax - Seminole
FSTS	7%	Florida Sales Tax - Sumter
FSTS	7%	Florida Sales Tax - Suwannee
FSTT	7%	Florida Sales Tax - Taylor
FSTU	7%	Florida Sales Tax - Union
FSTV	6.5%	Florida Sales Tax - Volusia
FSTW	7%	Florida Sales Tax - Wakulla
FSTW	7%	Florida Sales Tax - Walton
FSTW	7%	Florida Sales Tax - Washington

Buyer's Premiums:

From (Incl.)	To (Excl.)	Premium
0.00	Infinite	20%

Additional Fees:

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 28 Back To Catalog Listing

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From (Incl.)	To (Excl.)	Increment
0.00	50.00	2.00
50.00	100.00	5.00
100.00	200.00	10.00
200.00	300.00	20.00
300.00	500.00	25.00
500.00	1,000.00	50.00
1,000.00	2,000.00	100.00
2,000.00	3,000.00	200.00
3,000.00	5,000.00	250.00
5,000.00	10,000.00	500.00
10,000.00	20,000.00	1,000.00
20,000.00	30,000.00	2,000.00
30,000.00	Infinite	2,500.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Gold "tumbaga" bar #M-1014, 310 grams,...

Gold "tumbaga" bar #M-1014, 310 grams, marked with six finenesses VI, two letters B (or R), and five

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