Foster Mint Eagle with Ribbon 3oz .999 silver ingot bar

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Foster Company (Walla Walla , Washington ) What a historical name ! 3 troy oz .999 fine silver ingot “Eagle with Ribbon” This ingot is about the same size as regular 1 oz silver art bar, but about 3 times thicker. Foster Company made it in 1969 by stamping eagle with ribbon on a silver planchet – see type (2) in the following ‘tutorial’ : [The type of silver ingots made by Foster Company] Foster Company made following type silver bars, some you may already be very familiar with : (1). Pressed silver ingots – One example is “Silver Eagles Nest” 5 various sizes and shapes silver bars in black hardboard case. Another examples are the 1968, 1969, 1970 ‘Out of West” series each consisting 5 mining companies theme 3 oz .999 silver ingots in velvet presentation case. These pressed ingots were very cost-effective to make and could be made in large quantities in short time. They were sold to public during 1968-1970 at just a little over silver spot at that time. You still can find many of these pieces today in any week on ebay – imagine 40 years ago they must have been even more numerous. (2). Eagle with ribbon stamped on silver planchets – These were individually stamped by hand. They were sold to public via mail order. I have never seen any presentation case of these so I figure plain bars were just shipped to customers. They came in 1 oz and 3 oz. You still can occasionally find it on ebay, but they are fewer in numbers than the pressed silver ingots described in (1). Eagle with ribbon has 2 following designs (see 2 photos ): One design has a ribbon with a bend on each end of ribbon (see photo - eagle with ribbon design#1). This design has “.999” marked on ribbon left and ‘Silver” marked on ribbon middle. The weight is not marked on ribbon and, if to be marked on ingot, has to be marked some place else (usually under the ribbon, but can be some place else). Another design has a ribbon that has no bends on either ends but has a bended middle section (see photo - eagle with ribbon design#2). This design has “.999” marked on ribbon left, “silver” marked on middle section, and weight in oz marked on ribbon right. (3). Eagle with ribbon old pours – these are old pours, in that melted silver were poured into mold, to be cooled, and stamped with the above said Eagle with ribbon design. I do not know the purpose of these ingots. Due to the inheritably higher cost of manual labor involved in pouring process, it is doubtful these ingots can be marketed successfully, because a customer could spend the same amount of money to buy more, may be a lot more, silver in (1) from Foster Company than buy (3). My speculation is that Foster Company made these old pour silver ingots for special purpose. Some indeed has low serial numbers. These old pours comes in 1 oz, 3 oz, 5 oz, 10 oz. The weight is either specified in whole numbers, or, if the weight does not border on whole numbers, is left unspecified (that is, no specifying the weight like 4.3 oz, 9.5 oz, etc.) These Foster old pour ingots are among the hardest to find Foster Company silver bars. Free shipping includes insurance. You will receive exact item in the picture. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ COMBINE SHIPPING If you won multiple listings, I will do combined shipping . However, you must wait for my invoice, because I will need to package your items to weigh on my scale to calculate combined shipping charge. My combined shipping charge is based on (or close to) actual shipping cost, and is always less than the sum of individual shipping charges. If you pay right away without waiting for my invoice, system will automatically adds up your individual shipping charges without the benefit of combined shipping. INTERNATIONAL BUYERS (A). International package will be insured. Custom Form will be declared truthfully. ... read more

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