160

Mexico,San Dimas - 1902 - Candelaria Mine Silver Ingot, 6.6oz. Inscribed "COMPLIMENTS OF D.M. BURNS,

Currency:USD Category:Coins & Paper Money / Bullion Start Price:2,000.00 USD Estimated At:4,000.00 - 7,000.00 USD
Mexico,San Dimas - 1902 - Candelaria Mine Silver Ingot, 6.6oz. Inscribed  COMPLIMENTS OF D.M. BURNS,




This wonderful silver ingot is a presentation piece is inscribed: “ COMPLIMENTS OF D.M. BURNS, JUNE 1902.” Daniel M. Burns was the president of Candelaria Consolidated and also of Contra Estaca Consolidated Mexican Mining Co. According to San Francisco directories of the period, their office was in the Crocker building in San Francisco beginning in the 1890s.

The mine for the company was located in San Dimas, Mexico and was a large producer of gold and silver. Their stamp mills and pan amalgamation system was increased the year this ingot was made. In 1901 the company sold much of their ore to ASARCO in El Paso.

Burns may have given this ingot to a San Francisco investor in the company on the eve of the completion of the mill expansion.

Provenance: HKA Fall 2006 Featuring The Bass Collection & Stack's 1/01