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Large silver ingot #305 from Oruro, 88 lb 7.04 oz troy, Class Factor 0.8, with markings of manifest

Currency:USD Category:Coins & Paper Money / Coins: Shipwreck Ingots Start Price:22,000.00 USD Estimated At:25,000.00 - 50,000.00 USD
Large silver ingot #305 from Oruro, 88 lb 7.04 oz troy, Class Factor 0.8, with markings of manifest
SOLD
37,500.00USD+ (7,125.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Nov 01 @ 13:20UTC-4 : AST/EDT
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Large silver ingot #305 from Oruro, 88 lb 7.04 oz troy, Class Factor 0.8, with markings of manifest IUCLXIIII (1164), fineness IIUCCCLXXX (2380/2400), owners/shippers, silvermaster and tax stamps, ex-Atocha (1622), ex-Caesars Palace auction (1987). 15-1/2" x 5" x 3-1/4". Desirable Oruro bar with diagnostic cylindrical assayer's "bite" at one end, the fineness and manifest number particularly bold but also with two nearly complete circular tax stamps with legend of PHILIPVS D G HISPANIARVM REX around simple shield containing lions and castles, two owner/shipper marks (one a diamond-topped H and the other a GA monogram) plus two smaller marks at either end (H and back-to-back C's), one near the usual V for silvermaster de Vreder, next to which is a faint cartouche that appears to show ORVRO(?) and date 1622(?), particularly desirable with provenance to the original Las Vegas 1987 auction and Gene Lyon manifest research. From the Atocha (1622), with original Fisher photo-certificate #85A-S305, pedigreed to the Caesars Palace auction of September 26, 1987 (lot #365), with original catalog (also with January 1988 Skin Diver magazine reporting on the results), and with original manifest report from Gene Lyon. Recovered from: Atocha, sunk in 1622 west of Key West, Florida