Franklin Mint Bicentennial Silver Ingots

wikicollecting

wikicollecting

2015-06-26 10:58:31

History & Description

The Franklin Mint was founded in 1964 in Wawa, Pennsylvania, by Joseph Segel. The company produces and markets collectible coins, sculptures, die-cast vehicles and dolls.

The Bicentennial collection consists of seventy ingots which celebrate the 200th anniversary of America’s War of Independence. An ingot is a piece of metal that has been cast into a specific shape.The ingots depict seventy individual events of the revolutionary war, beginning with the Boston Tea Party on December 16th 1773 to the Surrender of the British at Yorktown, Virginia, on October 19th 1781.

Originally distributed between 1973 and 1981, it is one of the largest silver ingots collections that The Franklin Mint has ever produced. When they were first sold, a complete set would have cost $1,365.

Guide for collectors

Although individual Bicentennial silver ingots are commonly sold through national auction houses and eBay, it is quite rare for a complete set to be offered. In addition, collectors should look out for examples that come in their original folders and binders as these achieve the highest prices at auction.

The Bicentennial Ingots are easy to confuse with the similarly named U.S. History Bicentennial Ingots. In addition, the two types of ingots are also of similar size and shape and subject matter. Collectors should take note that a complete set of U.S. History Bicentennial Ingots consists of 100 pieces.

For more information, collectors should visit the official The Franklin Mint website.

Notable auction sales

On November 13th 2011 at DuMouchelles in Detroit, Michigan, a complete set realised a price of $3,900.

On May 21st 2012, a complete set was sold on eBay for $3,675.

On April 2nd 2012, a sixty-eight piece set was sold on eBay for $3,667.56.

On March 26th 2012, a complete set was sold on eBay for $3,495.

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