LOT / Treasure, World, U.S. Coin & Paper Money Auc... / Silver ingot #506, 60 lb 9.15 oz troy, Class Fac...

Silver ingot #506, 60 lb 9.15 oz troy, Class Factor "4," marked with fineness IIUCCCLXXX (2380/2400)

Currency:USD Category:Coins & Paper Money / Shipwreck Ingots Start Price:20,000.00 USD Estimated At:20,000.00 - 40,000.00 USD

SOLD
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This item SOLD at 2021 May 07 @ 10:59UTC-4 : AST/EDT

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Silver ingot #506, 60 lb 9.15 oz troy, Class Factor "4," marked with fineness IIUCCCLXXX (2380/2400), LA (monogram), W and XII, very rare, ex-Santa Margarita (1622). Size and fineness appear to be the only similarities between this bar--among only seventeen from the Santa Margarita and the first we have ever offered--and the hundreds recovered from the Atocha, as the (supposed) owner/shipper markings on this ingot do not match any of the "siglas" known for Atocha, and also this is the only 1622 Fleet silver bar known with an assayer's "bite" taken from a corner (as opposed to the side or top), like we see on the ca.-1528 "tumbaga" bars, possibly indicating it was made in Mexico and therefore loaded onto the Santa Margarita in Havana. As an early find (1980), this piece also does not fall into the usual grading (Class Factor) that we see for Atocha bars, although the assigned point value of 1748 (about the same as 73 Grade-1 8 reales) indicates that this bar was (and is) highly regarded indeed; in any case, it is not overly corroded but with pit in center where the metal sank during casting, nicely toned all over. (Special shipping applies; pickup in person recommended.) From the Santa Margarita (1622), with original Fisher photo-certificate #506-M-80 (dated 1 Nov. 1982), also with copies of various letters to the investor, one of which shows this bar among in his 1983 division proceeds with total point value of 1748 (equating to a 1/2% share). *^ 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 29 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... / Silver ingot #506, 60 lb 9.15 oz troy, Class Fac...

Silver ingot #506, 60 lb 9.15 oz troy, Class Factor "4," marked with fineness IIUCCCLXXX (2380/2400)

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