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Irish Flag Lode Silver and Gold Ingots

Currency:USD Category:Collectibles Start Price:500.00 USD Estimated At:1,000.00 - 3,000.00 USD
Irish Flag Lode Silver and Gold Ingots
SOLD
1,050.00USD+ (262.50) buyer's premium + applicable fees & taxes.
This item SOLD at 2018 Aug 27 @ 12:10UTC-7 : PDT/MST
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Very interesting and potentially important ingot "set" that is housed in a custom three-wood box containing some mine claim papers and a small gold and larger silver ingots and the leather bag they came in. box 11.25 x 9.5". Silver ingot has individual letter punch: "Irish Flag Lode, Central City, Colorado, 4 oz dwt 10 g .999, 2.5 x 1.5" " The papers are for the sale of the Irish Flag Lode #405 in Nevada(ville), and contain a record of sale from 1961 to 1967. The lode was bought at a Gilpin County tax sale in 1961 for a whopping $9.17 to Michael P. Dugan. Dugan, in turn, sold it to Eugene J. Demko in 1967, who subsequently sold it a month and a half later to William V. Macheaney in 1967. The bag is marked with the mine name which has the appearance of being made in similar handwriting as some on the document. This box has huge implications for the ingot market. We have seen a number of silver ingots out of Colorado made in a similar fashion, as we have gold ingots made in this same style. Their origin has been long questioned by many of us , with no certain conclusive evidence anywhere. In this case, there is the appearance that the ingots may have been made by one of the men on the documents circa 1961-1967, perhaps made to help "sell" the property, or even to commemorate the property at its sale. Since the property was worth so little at the time, there is little sense in making these to "deceive" anyone, as neither the property, nor the ingots were worth much . Perhaps one of the surviving family members can shed light on this story. The round gold piece is very crude, with single punch letters "Central City/ Gold/ 10 dwt/ 3 grain/ Irish Flag//580 fine" This piece may have even been constructed of Irish Lode bullion, since the 580 fineness is unusual. The 999 fine silver bullion here is refined, and not a dore product of the mine. Date: City: Nevadaville State: Colorado HWAC# 78475