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US Government silver ingots - A lot of interest and bidding in recent Heritage Auction

dcarrdcarr Posts: 7,892 ✭✭✭✭✭
edited August 17, 2023 8:38PM in Precious Metals

Heritage Auctions just conducted a sale of US Government ingots from:
Philadelphia Mint ;
New York Assay Office ;
San Francisco Mint ;
San Francisco Assay Office.

Bidding interest seemed strong. The lots that I was most interested in sold for more than the amounts that I had rationalized to pay. Only the biggest ones (100+ troy oz) sold remotely close to "melt" value. The typical 5-oz to 50oz bars exhibited very significant collector premiums.

Here is a link to the completed sales (this link is for the first ingot in the auction, subsequent lots have the others) :

https://coins.ha.com/itm/ingots/san-francisco-mint-ms-silver-ingot-582-ounces/a/1364-4104.s?ic16=ViewItem-BrowseTabs-Auction-Archive-ThisAuction-120115

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