Goldberg Coins and Collectibles

Sale 59

Pre-Long Beach Coin and Currency Auction

Territorial Ingots

Lot	Photo	Description	Realized
Lot 1945		Thorne Mining Company ½ silver ingot. Much has been written on the Thorne ingots.These ingots, like those of the Eagle Mining Company, also surfaced in the late 1960's. Approximately eighty silver ingots are known. It was opined that these were sold into the bullion market in the 1920's or 1930's, in the same way the Nevada Silver Company ingots were around 1919-1920, and the Pedley-Ryan and other silver rounds from the early 1930's. Since that time, however, a thorough search has been made of corporate records in California, Arizona, Nevada, South Dakota, and Delaware for this company, with questionable results. This leads to the conclusion that the Thorne pieces, which are not dated, are a product of the post-1964 silver craze. They were most probably made for sale into the bullion markets, and remain very collectable. Thorne Mining & Refining Company Ingot, Silver (1.53 ozs). Estimated Value $800 - 900. View details and enlarged photo	Realized $604
Lot 1946		Thorne Mining Company silver ingot. Thorne Mining & Refining Company Ingot, Silver, 3.36ozs. Estimated Value $800 - 900. View details and enlarged photos	Realized $633
Lot 1947		Thorne Mining Company silver ingot. Thorne Mining and Refining Company Ingot, Silver, 3.55ozs. Estimated Value $800 - 900. View details and enlarged photos	Realized $633
Lot 1948		Thorne Mining Company silver ingot. Thorne Mining & Refining Company Ingot, Silver, 3.61 ozs. Estimated Value $800 - 900. View details and enlarged photos	Realized $719