House of Craven
Live Auction

Fall Modern Art + Design Auction

Thu, Oct 24, 2024 07:00PM EDT
Lot 119

Silver Bar (100 OZ) Asahi Florida Silver Bar (New)

Estimate: $3,250 - $4,000
Unsold

Bid Increments

Price Bid Increment
$100 $25
$500 $50
$1,000 $100
$2,000 $200
$5,000 $500
$10,000 $1,000
$20,000 $2,500
$50,000 $5,000
$100,000 $10,000
$200,000 $20,000
$500,000 $50,000
Description: 100 oz Asahi Florida Silver Bar (New). Cast Silver Bars are some of the most affordable forms of Silver Bullion you can buy today. When it comes to some of the most popular weights in cast silver bars, 100 oz silver is at the top of the list. Bar Highlights: · Classic cast silver bar style!· Produced by Asahi Refining at its Florida facility!· Contains 100 Troy oz of .999 pure silver.· On the obverse are inscriptions of the mint, weight, metal content, and purity.· The reverse field is blank. Asahi Refining is one of the newest minting operations in North America, but it has history that runs back decades from its headquarters in Japan. These bars were produced by Asahi Refining at its Florida refining facility, as noted in the inscription on the obverse. A cast silver bar is the simplest form of investment-grade silver a mint can produce. Silver is first melted down and then poured into prefabricated, heat-resistant molds. These molds are made to ensure an exact shape and weight for the finished products. Each mint has its own approach to cooling the bar, but most will either leave the bar in the mold to air cool or drop it into water to speed up the cooling and settling process. Inscriptions and designs on cast silver bars are stamped, by hand or machine, into the surface of the bar in an incuse strike. On the obverse of 100 oz Asahi Florida Silver Bars, you will find all the inscriptions featured on the specimen. All of the inscriptions are arranged vertically down the face of the bar, starting with the mint logo at the very top of the bar. Beneath this, you will find the name of the mint, the location of the facility that refined this specific piece, and the weight, metal content, and purity are found at the bottom of the bar. The reverse side of 100 oz Asahi Silver Bars is left blank on purpose. Most mints stamp inscriptions on only one face of cast silver bars. Though there are no specific design elements on the reverse of the bars, you may notice various texture lines or striations. These are natural elements that occur as the silver settles and cools during production. House of Craven Auction Gallery: Please consider downloading our free mobile app available on iOS and Android: House of Craven. Have a similar item to sell? Contact us about consignment opportunities for House of Craven’s future auctions or private sales by emailing us: craven@houseofcraven.com or Call | Text | WhatsApp | 305.769.8088. Shipping: House of Craven Auction Gallery does not offer in-house shipping for this item. House of Craven will refer third-party shippers for all domestic and international buyers. Purchasers can schedule pick up at the West Palm Beach, Florida Auction Warehouse. Appointments are available upon request by emailing: craven@houseofcraven.com.

Condition

Condition: Notwithstanding this report or any discussion concerning condition of a Lot, all Lots are offered and sold "As Is, Where Is," in accordance with our Conditions of Sale. All Auction Lots are available for a FaceTime viewing, by appointment, with one of our Team Members on Tuesday, October 22, 2024, or Wednesday, October 23, 2024. To schedule a FaceTime appointment, please email us: craven@houseofcraven.com.

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Palm Beach, Florida Estate