2089

Ruby Copper Ingots & Horseshoe, El Teniente, Chile [132287]

Currency:USD Category:Collectibles / Mining Start Price:100.00 USD Estimated At:200.00 - 400.00 USD
Ruby Copper Ingots & Horseshoe, El Teniente, Chile  [132287]
SOLD
100.00USDto j*******o+ buyer's premium (25.00)
This item SOLD at 2021 May 14 @ 09:49UTC-7 : PDT/MST
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Mining may have started at El Teniente (The Lieutenant) in the early 1800s, and over two centuries has involved the Guggenheims and Kennecott Copper Corporation. In 1971 Chilean President Salvador Allende nationalized all copper mining in the country and established Codelco as the state-owned mining company that operates to this day. These two small copper ingots and the copper horseshoe came from the Codelco smelter in Rancagua (misspelled as Rancauga on the horseshoe). The rich red color comes from a coating of ruby cuprite, a copper oxide that often forms on the surface of molten copper in the huge ladle that carries the copper from the furnace. The ingots are each about 3 x 0.5 x 0.6 inches (107 and 83 grams), and the horseshoe is approx. 4 x 4.5 x 0.5 inches (305 grams).

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Country (if not USA): Chile
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Provenance: William Mayrsohn Collection