SOLD
28,000.00USD+ buyer's premium (5,600.00)
This item SOLD at 2021 Mar 11 @ 20:12UTC-8 : PST/AKDT
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Lot: 2273
Title: California. Behemoth San Francisco Assay Office Silver Ingot” Undated (1940s) 931.30 Ounces. .89575 Fine.
Header: Behemoth San Francisco Assay Office Silver Ingot” and “Undated (1940s)
931.30 Ounces, .89575 Fine
Description: As poured, rough surfaces. Face and other marks as illustrated. The layered look of this massive silver ingot suggests to the writer that four large ingot frames were stacked, one upon another, and then the pour occurred. The writer confesses to an entire lack of knowledge where a silver bar of this size matters, and this layman’s eye is easily confused. The weight of this bar, 931.30, is inked on the face though time has faded the numbering some. This specimen from the Mint at San Francisco, weighing in at more than 77 Troy pounds, would easily be the focal point of just about any ingot collection we can imagine. Get out your calculators and start figuring your bids!
Grading Company:
Gr:
Gr3:
Gr3:
CAC/OGH:
Pedigree:
Auction Location:
1550 Tiburon Blvd. Suite G201, Tiburon, California, 94920, United States
Previewing Details:
auctions.kagins.com
Numismatic sales tax exemption for dealers with valid resale certificate.
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Sales tax applies to currency invoices shipped to:
AL,CA,CO,CT,DC,KS,KY,LA,MD,MA,MN,MI,MS,NV,KS,KY,MN,MI,NV,NJ,NM,NY,OH,OK,PN,RI,TN,TX,VI,WA & WI.
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
20% |
Additional Fees:
Shipping Details:
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3% discount already included in cash/cash equivalent transactions. Credit card entered was for identity verification and not saved for payments.
Accepted Payment Methods:
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Please Mail PAYMENT to: Kagin's, Inc.
1550 Tiburon Blvd.#201,Tiburon,CA 94920
Invoices are due upon receipt & include a 3% discount for payments by check/wire/cash.
1% monthly finance charge applies after 30 days.
Terms and Conditions of Sale
1. Auction Company. This public auction is being presented by Kagin’s Auctions, a division of Kagin’s, Inc. (“KA”)
2. Binding Effect of Terms and Conditions. These Terms and Conditions are legally binding on anyone that registers
to bid, or actually does bid, at a KA auction. They define the relationship between bidders and KA before, during and after
the auction, and limit KA’s liability to bidders.
3. Consignors and Reserves. This catalog contains descriptions of property belonging to many persons known as
consignors. KA is not required to divulge to prospective bidders the identity of any consignor, except as provided by these
Terms and Conditions. KA’s relationship with a consignor is governed by a separate Consignment Contract, the terms of
which KA is not required to disclose to prospective bidders. The Consignment Contract may permit a consignor to bid on his
or her own lots and pay commissions if successful. If a consignor bids from the floor for his or her own lots, KA may so note
to all present. KA reserves the right to omit from its published prices realized the purchase prices of items re-purchased by
their consignor(s).
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corporation agrees in writing to personally guarantee payment. Likewise, bids will be accepted from persons under age
18 only if a parent or legal guardian agrees in writing to accept these Terms and Conditions and be responsible for any
purchases by the bidder. In addition, KA may require bidders without established credit with KA to furnish satisfactory
credit references or deposit such amount as KA may require in its sole and absolute discretion before bidding. Such deposits
will be applied to purchases and unused portions returned after the auction. Finally, for the protection of mail bidders no
“unlimited” or “buy” bids will be accepted.
5. Conflicts of Interest. KA, its principals, and affiliated or related companies and their employees, officers or
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their purchases, but are encouraged to make their own investigations in case of doubt.
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discretion, by special appointment. KA encourages floor bidders to examine items before bidding on them.
9. Bidding at Auction. The auction shall take place at the time and place set forth in this catalog, or at some other
time and place as KA may, in its sole discretion, determine. The auctioneer will offer lots in number sequence within each
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directs otherwise. Bidding will open at an amount set by the auctioneer in his or her sole discretion (including by reducing
a mail bid to a level the auctioneer deems appropriate), and will continue at such increments as the auctioneer directs until
the auctioneer declares the lot sold. The auctioneer may accept or decline any bid in his sole discretion, and where more
than one identical bid is received for an item, the auctioneer may prefer the first bid received and may prefer a mail bid over
an identical floor bid. In case of any disputes regarding the existence or amount of bids the auctioneer may rescind the sale
of that lot and re-sell it, or otherwise direct disposition of the lot in his sole discretion. In all cases, the auctioneer’s decision
shall be final. KA IS NOT RESPONSIBLE FOR ERRORS IN BIDDING, and mistaken bids will not justify rescission of a sale.
www.kagins.com xv
Terms and Conditions of Sale (Continued)
10. Buyer’s Commission and Taxes. THE PURCHASE PRICE FOR ALL LOTS INCLUDES THE SUCCESSFUL BID PLUS A
BUYER’S FEE OF 20%, except as otherwise provided by written agreement between a bidder and KA. Bidders
acknowledge that they are responsible for all sales, use or other taxes applicable to their purchases, and for any interest or
penalty related to unpaid tax, regardless of whether KA collected such taxes at the time of purchase.
11. Kagin’s Loyalty Discount. All successful purchasers shall be entitled to a credit against any future
purchases in a KA auction, in the amount of one percent (1%) of the total purchase prices paid by
them (hammer plus buyer’s commission – taxes or other charges not included), such credit to extend to the next two (2) KA
auctions, or a period of 1 year, whichever is longer.
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purchasers will receive an invoice from KA detailing their purchases and the date payment is due. Title and risk of loss to
goods passes when the purchase price is paid in full, and KA reserves the right to withhold delivery of lots until full payment
is made in good funds. Payment is by cash or credit card payable through a U.S. bank only, unless otherwise agreed in
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terms, they will be liable to KA for interest on the unpaid balance at the rate of 1 1/2% per month (or the maximum rate
permitted by law, whichever is lower), and for reimbursement of all collection costs incurred by KA (including the costs of
engaging an attorney and pursuing legal proceedings). In addition to the foregoing, purchasers grant KA a security interest
in any items purchased by them, to secure any outstanding indebtedness to KA (whether from purchase of the items
themselves or other items), and agree to execute such documents as KA may deem needed to evidence this security interest.
Purchasers agree that KA may exercise all the rights of a secured party, including the right to re-sell the collateral item(s) and
apply the proceeds to purchaser’s debt and to reimbursing KA for costs related to the resale.
13. Limited Return Privilege. Items may not be returned for any reason if they have been certified by a third party
certification service, if the purchaser is a dealer or has presented KA with a valid resale certificate, or if the purchaser viewed
the item prior to the purchase. In all other cases, returns are accepted provided each of the following conditions is met: (1)
the purchaser contends that the item is counterfeit, contains an altered date or mintmark, or contains undisclosed repairs;
(2) the purchaser notifies KA in writing of his or her contention within five (5) days of receiving the item (if purchaser did
not timely pay for the item, his or her return privilege is waived); and (3) the item is returned in its original, sealed and
unopened container. Notwithstanding the above, coin returns are not accepted in cases involving cleaning, artificial toning,
provenance or pedigree, or strike, or whether a coin is a proof.
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KA auction or any provision of Terms and Conditions shall be resolved by arbitration in California through the Professional
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