Quick blog post today on a refiner who we previously had not been able to dig up any historical information on. Thanks to Leon J., who shared this information recently on a collector forum. M2 poured bars are known to have originated in the early 80’s by 2 brothers, Pat and Mike Mahoney out of Gold Bar, WA. I have a few examples shared by fellow collector Brian R.
Beautiful 5 oz example.Reverse side with serial #384.Beautiful chunky 25 oz class M2.
Hope you enjoyed this one. Short and sweet, but another refiner that has some history attached. Have a great week everyone.
MMM Colorado are sought after pieces, however, very little information about this old refiner has been uncovered. The first gens only come with an MMM Stamp and typically are sub 5 oz. Later varieties, assuming they are related and the same refiner, have the MMM with the Colorado stamp. These range from sub 3 oz up to 10 oz from what I’ve seen. Looking for more information on these.
Top example a chunkier pour and bottom a flat pour, visibly larger. Same layout and stamp placements, however.Incredible patina forming on bottom flat variety. Love this piece.
Pictured here is the MMM with Colorado stamp.
Really cool hallmark.Just a bit over 2 troy oz. Interesting to see stamp in grams.
I received a new MMM first gen image today from Jon M. Thanks for sharing this sub 2 oz example
These have been a mystery for me. They are unique and based on style and patina, clearly quite old. My guess is these were 70s era based on experience of looking at so many pieces from that era over the years. There are very few comps available on these. I have come across two 5 oz class previously, but the pictured ingots below are the only ones I’ve come across to date. Any help on these would be appreciated.
The one pieces on the right have had one heck of a journey lol!The mystery trio.
Montana Gold and Silver are another well known refiner that operated out of Helena, Montana from 1959 until 1978 based on public records. The premiums have grown dramatically on ingots from this refiner. Like the W.H. Foster Eagle hallmark, the Montana Eagle as it’s sometimes called, is also HOT! These pieces came in 1 to 25 oz variety. The larger pours have eluded me over the years and now out of my budget :). I’m luck to have put together a handful of the 1 oz pieces, however. They came in two types as you can see below.
Type 1 has a weight stamp on top of the bar. Type 2 has a stamp below the bar.Reverse pic.
For more information on Montana Gold and Silver, visit silveringotinfo.com that has some great images of other varieties rarely seen. Here is the link:
Most of you that follow my collection know that I have a soft spot for Omega pieces. Again, if you missed the first blog post, you can find it in the archives or by doing a keyword search. This was an old refiner out of Las Vegas in early to mid 70s. These ingots were once very accessible in the market, but today seem to be found mainly in 10 oz second generation, although a small hoard of 3 oz second gen pieces was recently found. Even so, premiums are high on these smalls, particularly gen 1 and pieces with oddities like double stamps or small fonts, etc. Enjoy these pics.
5 different types of Omega smalls above. Note the 1/2 oz is far and away the most rare and can fetch insane premiums.Note the hallmark on reverse bottom right. Very unique.
Here are a few more 1 oz examples shared by Jon M., who is becoming a regular contributor now. Thanks again.
Nice Trio.Love the positioning of the Omega stamp on middle pictured ingot above.
And some two oz pieces for your viewing below:
First gen on left, second gen type 1 large 2 in middle and type 2 small 2 on bottom right corner.Nice character and patine on many of these pieces.
A nice mix of various 3 oz varieties below:
First gen top left side. Note the double hallmark in large stamp and small stamp comparisons on middle two pictured ingots. Pretty cool.
Midas Metals bars trace back to Nevada, and they’re believed to be presentation or promotional ingots rather than commercial production — the Midas name comes from a Northern Nevada silver mine dating to the early 1900s. The known 1 oz example is a cast horizontal rectangle. Not rare, but a neat piece of Nevada mining-adjacent history.
Unique long rectangular grooves on the the obverse of the ingot.Midas stamp and purity on the reverse.
These have become harder to come by and prices continue to rise on them when they come up for auction.
We will close out the “M” box with some very nice examples, all highly collectible vintage pieces. Enjoy.
A favorite of mine and I wish I had more examples, is Mastiff Metals. Iconic hallmark of a Bullmastiff. These are so hard to find and considered tier one bars among collectors. Found in 5 and 10 oz class, albeit hardly ever, you’d be lucky to come across one in the wild.
Around the hallmark are the words “Faithful Guardian.” Purity and weight on reverse.
Here is an absolute stunning example of a 5 oz class shared from Brian R’s collection. This is as good as it gets
Perfect stamp and no pour character around the face like my example above.Perfection.Reverse, 5.06 troy oz odd weight.
Next up is an MSR ingot, a nice old pour with picture frame on both the 5 and 10 oz. Not an easy bar to find, particularly in 5 oz.
The hallmark is found on the reverse side on these. See below.You can see the MSR at top with 999 purity in the middle and Fine at bottom of bar.
MEE is another neat vintage piece that typically is found in 5 oz class. I like the look at style of these.
Nice toned example. Very unique hallmark. Wish I knew more about them.Weight stamp on reverse.
Morris and Watson is an Australian refiner that’s been around for years and still in business today. This is a nice 250 gram example.
Love the stamp on these. Very tough bars to find.Reverse pic.
Next is a Mehlos Refinery ingot. Classic old pour style.
Beautiful example.Beautifully toned reverse.
Next is another very cool old pour from MCR Division of Greb.
Really cool old pour from a bygone era.Reverse of the MCR.
Last is MSC, that can be found in 5 and 10 oz class. Note this mold is same mold as Doyle’s Mint, RCG, Regold, and a few others.
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.
Incredible pieces that have aged like a fine wine. Top bar is 10.28 troy oz and bottom bar is 7.69 troy oz. Look at the bubbling on the bottom ingot. Incredible. Gold toning inside.Top ingot is thicker. It appears same mold used, but more silver poured on the top ingot, obviously.Assay paper from 1984. So cool!
Mid South Refinery and Smelters was a Southern refiner operating out of Mississippi. Their poured bars are classic crude 1970s hand pours — recorded examples come in at odd weights like 9.5, 10.2, and 10.8 oz rather than exact tens. They also made a 10 oz “kit kat” style bar carrying a Mid South Silver Ltd. logo, and at least one big ~23.9 oz poured ingot is known. Survivors are rare on the market.
Such a great 10 oz example with patina.Killer character and lines on the reverse.Chunky 5 oz odd weight pour.Nice patina on reverse.
Something about ingots from Nevada. The state has a rich mining history and many collectible ingots have come from this area of the country. I’ve always been a big fan of Metalrex ingots, out of Reno, NV. They came in sizes ranging from 1+0z (very scarce) to 25+ oz. They are not common by any means and have become very sought after by serious collectors. Below are a few from my collection.
Insane toner, 9.82 oz flat pour. This is a type 1 older variety 10 oz class with both hallmark and weight stamp on obverse.This is dark with purples, oranges, greens. Killer piece.Patina and pour lines.5 oz classReverse of 5 oz.
Her’s a nice 10 oz example from Brian R’s collection. This is a type 2 10 oz. Note the differences from my 9 oz odd weight above. Thanks for sharing.
Great stamp.Weight stamp on side of ingot.Reverse of 10 oz.