LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Large tumbaga gold ingot, 1816 grams, marked wit...

194

Large tumbaga gold ingot, 1816 grams, marked with fineness V and three dots (5.75 karat, or 23.96% f

Currency:USD Category:Coins & Paper Money / Shipwreck Ingots Start Price:28,000.00 USD Estimated At:35,000.00 - 70,000.00 USD

SOLD
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This item SOLD at 2019 May 02 @ 13:03UTC-4 : AST/EDT

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Large tumbaga gold ingot, 1816 grams, marked with fineness V and three dots (5.75 karat, or 23.96% fine), also marked with R and S and several tax stamps of Charles V, Holy Roman Emperor, ex-"Tumbaga wreck" (ca. 1528), Garcia-Barneche Plate. Approx. 12-1/2" x 2" x 1". This the largest and arguably most significant of the very few GOLD ingots found on the "Tumbaga wreck," which is the only known source of such ingots, all of which are very low in fineness (marked between 5-3/4 and 8 karats). Of the thirteen pieces known, all but two are cut down in their time, the intact two being a long and skinny rod and the present lot, which is somewhat club-shaped with a wide diameter and one end bulbous, the rounded bottom showing small marks of fineness V (incuse) and three dots in a column immediately followed by an S-shaped mark in a box plus a single dot in a box, the flat top of the bar showing four partial tax stamps (which show parts of CAROLVS IMPERATOR) and one mark with an R in a box (formerly seen as a B). The meaning of the S and R marks is not known. The top of the bar also shows several patches of encrustation, including both dark oxidation (from leached-out copper) and lighter (greenish) coral adhesion. The bottom shows a couple of mold-cracks (raised lines), next to which some lighter encrustation has accumulated as well. A typically sharp assayer's "bite" (also encrusted) is cut from the smaller end. The overall color of the ingot is very brassy, which is to be expected for an ingot of such low fineness; but XRF analysis on this piece reports it as about 39% gold, 56% copper and 5% silver, a fineness (9.32K) that exceeds what is marked on the bar itself (5.75K) by over 60%! Curiously, the exposed metal in the "bite" at the end shows more of a gold color, leading us to speculate that the surface was purposefully tinted to pass off a fraudulently low assay. In any case, this bar and its shipmates are true tumbaga in that they were made from native artifacts created from a mix of copper and gold. Also, as postulated in Garcia-Barneche, these tumbaga gold bars were probably made and loaded onto the ship in Santo Domingo or Cuba, as opposed to the silver "tumbaga" bars whose origin is now known to be Michoacan, Mexico. From the "Tumbaga wreck" (ca. 1528), with photo-certificate, pedigreed to the Christie's (London) auction of April 28, 1993 (lot #297), and plated on pages 66 and 68 of Agustin Garcia-Barneche's The Tumbaga Saga, 2nd edition (2018), a copy of which accompanies the lot. 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	19%

Additional Fees:

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TERMS AND CONDITIONS - Effective March 2019

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This lot is part of the auction: Treasure, World, U.S. Coin & Paper Money Auction 25 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	50,000.00	2,500.00
50,000.00	100,000.00	5,000.00
100,000.00	Infinite	10,000.00

LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Large tumbaga gold ingot, 1816 grams, marked wit...

Large tumbaga gold ingot, 1816 grams, marked with fineness V and three dots (5.75 karat, or 23.96% f

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