CONA February 2016 Newsletter

February Meeting

When: 7 p.m., February 17,2016
Where: Oakstone Academy
939 S State St., Westerville, Ohio 43081

Topic: Comitia Americana medals
Speaker:Bruce

February Presentation

Comitia Americana medals honor the military leaders of the revolution and commemorate critical engagements in that struggle. Each of them tells a fascinating tale, but collectively, the story of their authorization by Congress and their production in France and the United States is likewise compelling. Despite the high price tags on original examples, it is possible to collect these pieces on a more modest budget. – Bruce

January Presentation

U.S. Mint and assay office silver ingots that once sold for bullion are hot collector’s items, Ken Conaway said, with 5 oz ones sometimes top- ping $4,000.

Ingots date from the 1890s to the mid 1980s. For a small fee, the government would take scrap metal and convert it to .999-fine silver ingots.

Until the 1940s, citizens could take grandma’s old silverware to the mint and take home .999 ingots. For the next 40 years, the mints and assay offices still served industrial users. Most of the ingots produced, Conaway said, were eventual used as raw material in the jewelry trade.

Many surviving ingots were melted in the late 1970s and early 1980s when silver topped $50 an ounce. Survivors, he said, now have numismatic value. That value keeps rising as he writes about them.

Conaway writes a blog about the ingots – silveringot.blogspot.com – that advances collector knowledge about the little-known area of numismatics.

By: Gerry Tebben

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