Arizona is another state with a very rich history of silver refining and many highly coveted hallmarks come out of this state, including Yellow Daisy, Arizona Assay Office, and Gila Development Company, just to name a few. For a number of years until recently, collectors were discovering these beautiful ingots with a “Cactus” hallmark, but nobody knew the maker. We finally have provenance. I believe one of the few who has paperwork that goes with the ingots pictured below.



Do you know if Mesa Refining made a 1/2 oz bar in the shape of a cactus?
I don’t believe so.