3311

Spanish Ingot Fakes, 2 [190425]

Currency:USD Category:Coins & Paper Money / Ingots Start Price:150.00 USD Estimated At:300.00 - 500.00 USD
Spanish Ingot Fakes, 2 [190425]
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150.00USDby h********1+ applicable fees & taxes.
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[?]Live Online Auction Starts In 2025 Feb 02 @ 08:00 (UTC-8 : PST/AKDT)
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Two 2 1/4 x 2 1/4 inch ingots. One half inch thick. Stamped "M / M / Carlos / 1787 ". 343 grams. Similar ingots have been sold in Holabird Auctions in 2011 and 2016. Here is Fred's conclusion from his summaries in past catalogs: " The Kino ingots were placed into the American marketplace more than six decades ago amidst a cloud of uncertainty and questions. Their origin has carefully been kept secret, letting rumors fly in the wake of clever stories, most rendered without a shred of proof. The men or man who made them carefully placed them into the numismatic world. Over time, other suspicious precious metal ingots were also placed into the numismatic world. The place of origin of many of these questionable or fake ingots was Arizona. The men responsible continued to improve their techniques and place more bad ingots into circulation. The Kino ingots seen and tested here are, in all probability and currently beyond the possibility of reasonable doubt, fake. The chemistry of the ingots underlies this fact, given that the association of the specific metals contained herein are not natural. It is further emphasized by the direct tie of this specific alloy to a man made, constructed metal alloy used in modern times, thought to be developed after about 1940. These two bars were clearly made in a manner to look like silver, feel like silver, and weigh like silver. They were thus made to deceive.'
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