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AG | 20oz | 25oz


This page contains our current information on 20oz and 25oz class Engelhard silver production bars and Legacy Ingots.
The 20oz Engelhard ingot is considered by many collectors as one of Engelhard’s most appealing pieces, as its large flat surface area beautifully displays the various stampings and hallmarks, while the relative thinness of these ingots accentuates the cooling lines in production creating beautiful and unique toning and patina. We believe total 20oz production to be less than 15,000 ingots, and without doubt many were melted over the years. Note that many 20oz varieties are Tier 1 and Tier 2 classified ingots.

Please see our 20oz and 25oz Counterfeit Registry pages for additional information.

The 25oz Engelhard ingots are uncommon and all varieties are considered very rare and desirable for collectors. We estimate total mintage of all 25oz varieties to be less than 3,000 ingots, many of which were also melted over the years. All 25oz examples are Tier 1 classified with exception of the 1st series example, a highly desirable Tier 2 ingot.

EXAMPLEWEIGHT
CLASS
HALLMARKOBVERSEREVERSECOMMENTARYSAMPLE
SERIAL
NUMBERS
ICR | ESTIMATED
MINTAGE
Engelhard_20Oz_NoBullObv20ozMid Hallmark[999+] [Serial Number] [Hallmark in Elongated Octagon] [20•000]Cast Finish1st series 20oz ingot.  71721
71757
71777
78533
78670
80766
80771
81057
81217

ICR Tier 2 - Small<750
MINTAGE

engel-20-8787120ozMid Hallmark[Serial Number] [999+] [Hallmark in Elongated Octagon] [20.000]Cast Finish2nd series 20oz ingot.  This series progresses toward Canadian production examples due to placement of purity stamping and serial number, though it lacks the Canadian ‘Bull Logo’ hallmark.87871
87927
88029

ICR Tier 1 - Small<250
MINTAGE

20210404_08455220ozTop Hallmark[Australian Engelhard Hallmark] [999+SILVER] [20OZ] [Serial Number]Cast Finish20oz ingot in Australian variation, produced at the Engelhard refinery in Thomastown, Australia. Thanks to Szabi for this discovery!00010

ICR Tier 1 - Small<50
MINTAGE

20oz - 8810420ozMid Hallmark[999+] [Serial Number] [Hallmark in Elongated Octagon] [20•000]Cast Finish3rd series 20oz ingot in Canadian variation. Identical to 2nd series, above, with exception of Canadian ‘Bull Logo’ hallmark.88104
88112
88211
90247
90334
90336

ICR Tier 1 - Small<250
MINTAGE

Engelhard_20Oz_LargePrintObv20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish4th series 20oz ingot in Canadian variation. Note the curvature at bottom of the ‘999’ purity stamping, as well as placement of purity and serial number.103849
104156
111000
112731
113486

ICR Tier 2 - Small <1,000
MINTAGE

IMG_404520ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish5th series 20oz ingot in Canadian variation. Note the curvature at bottom of the ‘999’ purity stamping, as seen on the 4th series above.  This transitional piece also demonstrates the rounded bottoms of the ‘999’ purity stamping, as seen on our 6th series below. Also of interest is the serial number font that includes the ‘flat top’ 3 and the ‘footed’ 1, as observed on our 6th series ingot.113461
113473
113479
113488
113492

ICR Tier 1 - Small<100
MINTAGE

unnamed20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20•000]Cast Finish6th series 20oz ingot in Canadian variation. This ingot demonstrates rounded bottoms of the ‘999’ purity stamping.122392
123105
123108
124629
125030

ICR Tier 2 - Small <1,500
MINTAGE

image016-2IMG_7457IMG_7721 copy20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20•000]Cast Finish7th series 20oz ingot in Canadian variation, demonstrates smaller stampings than earlier series, depicted above. Ingots 177000 – 181200+/- demonstrate an erratic ‘scribble’ reverse pattern, depicted in the middle photo, with estimated mintage of <4,000 examples. Ingots between 200000 – 200300 demonstrate a reverse and edge waffle-like pattern consistent with 10oz Canadian 3rd series CDN, bottom photo, with estimated mintage <300 examples. All Engelhard was appreciative to find this random commentary regarding the 186528 example pictured, at this LINK.  This series was produced from two different casting mould sizes, approximately 1/3 of which were thicker and of a smaller footprint as demonstrated in the photos below.  
image6 image3
123994
128128
135030
149893
170164
179082
180862
182018
186521
186528
195784
205247
205247
224582
233267
233701
250140
250146

ICR Tier 3 - Small <10,000
MINTAGE

Screenshot 2024-06-03 at 2.09.21 PM copy20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20•000]Cast Finish7th series 20oz ingot in Canadian variation.  Similar to our above examples though demonstrate serial number and hallmark stamp anomalies on the reverse side as pictured below.  Ingot 203605 demonstrates a reverse hallmark stamping on the reverse, also pictured.  Our thanks to Sandy MF Taylor for these additions!
Screenshot 2024-06-04 at 1.31.37 PMScreenshot 2024-06-03 at 2.09.21 PM copyScreenshot 2024-06-03 at 2.16.18 PMScreenshot 2024-06-03 at 2.18.23 PM
172179
180977

181894
186521

189741
233605

ICR Tier 1 - Small<100
MINTAGE

image1 3 copy20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish8th series 20oz ingot in Canadian variation, demonstrates smaller serial number font than our example, below.
250193

ICR Tier 1 - Small<250
MINTAGE

image1 344 copyimage120ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish8th series 20oz ingot in Canadian variation, demonstrates larger serial number font that our example, above.250194
250195
250315
250485
250573
ICR Tier 2 - Small<750
MINTAGE

Screen Shot 2014-04-25 at 1.44.38 PM20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish9th series 20oz ingot in Canadian variation, demonstrates smaller purity and serial number font than our example, below. Also includes non-floating weight decimal and center hallmark that is unique, in that it matches only the 3rd series Canadian kilo ingot. This is a late production series, measuring approximately 4″ in width and a striated reverse finish.324572
324747
324838

ICR Tier 1 - Small<250
MINTAGE

20170623_165243

image1 copy

20ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish9th series 20oz ingot in Canadian variation, demonstrates larger purity and serial number font than our example, above. Also includes non-floating weight decimal and center hallmark that is unique, in that it matches only the 3rd series Canadian kilo ingot. Some ingots were produced in large serial font, as pictured, although otherwise identical in character. This is a late production series, measuring approximately 4″ in width and a striated reverse finish.324850
325012
351048
351124
351230
351277
351390

ICR Tier 2 - Small <750
MINTAGE

image9-220ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [20.000]Cast Finish9th series 20oz ingot in Canadian variation, similar to our above example.  However, the pour finish on this higher serial number bar differs from the matte finish of the majority of 351xxx ingots, very much resembling its 50oz counter-part.
351580

ICR Tier 1 - Small<100

25oz-264501IMG_5779 copy25ozMid
Hallmark
[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish1st series 25oz ingot. Seen with hallmark size variation in later produced examples. Ingot 25256 is known to lack the ‘2’ prefix on weight stamp, also pictured. Ingot 26343 sold via eBay auction on May 21, 2016 for $1,147.40, nearly 3x spot at the time.
25058
25256
25757
25974
26136
26314
26343
26450
26513

ICR Tier 2 - Small <1,000
MINTAGE

IMG_425125ozMid
Hallmark
[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish1st series 25oz ingot in weight class stamp error variation.  Note the ‘5’ over ‘0’ on the ‘25.000’ weight class stamp. 25236
25237
25243

ICR Tier 1 - Small<10
MINTAGE

unnamed250zMid Hallmark[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish1st series 25oz ingot in ‘HX’ serial prefix variation.
Screen Shot 2019-01-13 at 5.19.20 AM
‘HX’ 25233

ICR Tier 1 - Small<5
MINTAGE

image325ozMid Hallmark[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish1st series 25oz ingot in ‘Y9′ serial prefix variation.
image4
‘Y9′ 25020

ICR Tier 1 - Small<10 MINTAGE

IMG_5370.JPGIMG_5372.JPG25ozMid
Hallmark
[MMI] [999 + Fine] [Serial Number]

Cast Finish

1st series in Monetary Metals International [MMI] variation. Also produced in 3oz and 10oz weight class. Interestingly, these pieces were produced for clients and demonstrate highly polished sides and reverse with custom engraving. The polishing process resulted in slight altercation of weight class on example 25026. Originally a 25oz weight class, ingot 25026 weighs 753g, or 24.21oz, whereas ingot 25016 weighs 26.6oz and ingot 25041 weighs in at 26.8oz. Additional information regarding Monetary Metals International counterstamp may be found at this LINK.25016
25026
25030
25041

ICR Tier 1 - Small<25
MINTAGE

IMG_553725ozMid Hallmark[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish1st series 25oz ingot with unique ‘X8′ prefix. The 25184 bar pictured also includes a peculiar ’12’ designation on the serial ‘X8′ prefix dial. ’12’25184

ICR Tier 1 - Small<50
MINTAGE

unnamed$_5725ozMid Hallmark[25.000] [999+] [Hallmark in Elongated Octagon] [Serial Number]Cast Finish2nd series 25oz ingot. This example demonstrates a smaller hallmark and slight weight/purity font size variation as compared with 1st series, above. Some ingots include a ‘0’ leading serial prefix.
26541
026907
026910
026914
026922
026944
26998
27138

ICR Tier 1 - Small <500
MINTAGE

Engelhard_25Oz_HighLogoObv25ozMid Hallmark[25 T.OZ] [Hallmark in Elongated Octagon] [999+ FINE SILVER] [Serial Number]Cast Finish3rd series 25oz ingot in small T.OZ variation.027244
027859
028293
028294
028521

ICR Tier 1 - Small <500
MINTAGE

OLYMPUS DIGITAL CAMERA25ozMid Hallmark[25 T.OZ] [Hallmark in Elongated Octagon] [999+ FINE SILVER] [Serial Number]Cast Finish4th series 25oz ingot in large T.OZ variation.027784
028042
028124
028223
028628

ICR Tier 1 - Small <500
MINTAGE

Screenshot 2024-06-05 at 12.51.57 PMScreenshot 2024-04-02 at 2.29.01 PM copy25ozMid
Hallmark
[25 T.OZ] [Hallmark in Elongated Octagon] [999+ FINE SILVER] [Serial Number]Cast Finish3rd and 4th series reverse surface anomaly variation. There is a very interesting and rare ‘reverse stamp’ phenomenon with the 3rd and 4th series 25oz ingots, spanning from an approximate serial range of 28775 to 28882. 3rd and 4th series ingots within this span display a consistent reverse stamp on the back of the bar, evidence that both 3rd and 4th series were of simultaneous/rotated production on the same production line. 28775
[3rd SERIES]
28800
[3rd SERIES]
28820
[3rd SERIES]

027924
[4th SERIES]
28870
[4th SERIES]
28882
[4th SERIES]

ICR Tier 1 - Small<100
MINTAGE

OLYMPUS DIGITAL CAMERA25ozMid Hallmark[25 T.OZ] [Hallmark in Elongated Octagon] [999+ FINE SILVER] [Serial Number]Cast FinishUnique prototype production ingot.C-103
C-107
C-108
C-109
C-110

ICR Tier 1 - Small <50
MINTAGE

IMG_0362
IMG_0363
25ozMid Hallmark[999+] [Serial Number] [Hallmark in Elongated Octagon] [25•000]Cast Finish5th series 25oz ingot, last ingot of increased height casting dimension that closely matches height of earlier series 25oz ingots.Possible Canadian variation due to floating decimal on weight stamp and placement of purity stamping. The obverse of this ingot measures 88.14mm x 38.34mm. The reverse measures 84.81mm x 33.98mm. The height is 24.19mm. Differences in casting shape are observed in the photo below. Ingot 59255 sold privately on January 9, 2017 for $3,500.00. Ingot 59226 sold privately on February 20, 2017 for $3,750.00, and again on April 21, 2024 for $4,125.00 on MinEx auction.
Screen Shot 2017-02-03 at 9.33.28 AM
59226
59230
59235
59255

ICR Tier 1 - Small <50
MINTAGE

Screen Shot 2017-11-13 at 8.56.24 AMIMG_4282VintageSilverBullionBar-2024-02-13T170939.968_1800x1800.jpg copyVintageSilverBullionBar-2024-02-13T171106.312_1800x1800.jpg copy25ozMid Hallmark[999.0] [Serial Number] [Hallmark in Elongated Octagon] [25•000]Cast Finish6th series 25oz ingot, flat bar variety. Possible Canadian variation due to floating decimal on weight stamp and placement of purity stamping.  Ingot 04565 sold via Mineral Exchange for $6,930.00 including buyer fee on February 18, 2024.04558
04565
04571

ICR Tier 1 - Small<25
MINTAGE

Engelhard_25Oz_BigLogoObvScreen Shot 2017-12-27 at 3.52.50 PM25ozMid Hallmark[999+] [Serial Number] [Hallmark in Elongated Octagon] [25•000]Cast Finish6th series 25oz ingot, flat bar variety. Possible Canadian variation due to floating decimal on weight stamp and placement of purity stamping. Important to note that on this variety, the first three numbers of serial assignment were stamped with the same three-digit gang stamp. The last two digits were a separate stamping set and of a non-matching font. This is demonstrated in the pictures provided below, specifically the number ‘3’ digit on ingot 78373.  Ingot 71894 sold via MinEx auction on January 28th, 2024 for $2,261.00.  Ingot 74531 sold via MinEx auction on March 24, 2024 for $2,283.00.
Screen Shot 2017-12-29 at 9.12.15 AM
65620
65625
65635
71894
71913
74531
74543
74656
74692
77424
78391
78547

ICR Tier 1 - Small <500
MINTAGE

IMG_419725ozMid Hallmark[999+] [Hallmark in Elongated Octagon] [25•000]Cast Finish7th series 25oz serial absent ingot, flat bar variety. Possible Canadian variation due to floating decimal on weight stamp and placement of purity stamping. One sold privately on January 9, 2017 for $3,750.00.  Another example sold on MinEx auction on January 7, 2024 for $3,190.00.N/A

ICR Tier 1 - Small <50
MINTAGE

25oz-Extrude-000641-Obverse-1 25oz‘E’ in Elongated Octagon[‘E’ Hallmark in Elongated Octagon] [25 OZ] [999. FINE] [Serial Number] Extruded Finish25oz weight class in extruded variation. Serial number -000624 sold privately on August 25, 2015 for $3,000.00, or $120 per oz. Additional information may be found at this LINK. -000201
-000620
-000624
-000641
-000642

ICR Tier 1 - Small <50
MINTAGE

engel-25-18596725ozMid Hallmark[999+] [Serial Number] [Bull Hallmark in Elongated Octagon] [25•000]Cast Finish25oz ingot in Canadian variation.  Ingot 185384 sold on April 21, 2024 for $2,860.00 on MinEx auction.185384
185967
185979
247262

ICR Tier 1 - Small <50
MINTAGE