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2.5g AU Commercial Bar | Ranchers Exploration | N09920
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2.5g AU Commercial Bar | Ranchers Exploration | N09920

WEIGHT CLASS:
2.5g | 2 1/2g
COUNTRY ORIGIN:
United States
SERIAL TYPE:
N Prefix | 5 Digit
SERIAL NUMBER:
N09920
HALLMARK:
Obverse - Top
HALLMARK SHAPE:
Large "E" in Globe
COMPOSITION:
AU
OBTAINABILITY:
Common
EXAMPLE TYPE:
Commercial Bar
COLLECTION:
PRIVATE
COUNTERSTAMP:
Ranchers Exploration & Development Corporation
DESCRIPTION:
2.5g AG Commercial Bar

Ranchers Exploration & Development Corporation – Est. 1954

Hot air balloonist, Maxie Anderson, founded Ranchers Exploration & Development Corporation of Albuquerque, New Mexico in 1954. Ranchers Exploration innovated a vertical extraction technology called Vertical Crater Retreat. Ranchers Exploration operated Escalante Mine in Southern Utah as well as Old Reliable Mine by Copper Creek, Arizona.

Hecla Mining Company and Sunshine Mining Company entered a takeover bid to Acquire Ranchers Exploration in 1984. Hecla Mining Company prevailed and closed the Escalante Mine in December 1988.

We believe these bars were produced in 1982-1983.

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