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Bullion Office. Bank of England. American Silver. The Smalle
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Bullion Office. Bank of England. American Silver. The Smalle
Silver deposits in the Bank of England include oblong pigs of silver from South America, weighing on average 65 lbs each, and smaller semi-globular pieces from Valparaiso
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Media ID 4391281
© Mary Evans Picture Library 2015 - https://copyrighthub.org/s0/hub1/creation/maryevans/MaryEvansPictureID/10219571
1845 Average Bank Bullion Deposits Globular Include Oblong Off Ice Pieces Semi Smaller Valparaiso Weighing
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EDITORS COMMENTS
This photograph print transports us back in time to the hallowed halls of the Bank of England's Bullion Office in the mid-19th century. The image, taken in December 1845, showcases the impressive silver deposits that once filled the vaults of this historic financial institution. At the heart of this scene are the oblong pigs of silver from South America, each weighing an average of 65 lbs. These massive silver ingots, with their distinctive shape and size, were a common sight in the Bullion Office during this era. The smaller, semi-globular pieces of silver from Valparaiso, numbering around 21, can also be seen in the foreground. Weighing less than their larger counterparts, these pieces add intrigue and diversity to the silver deposits. The importation of American silver was a significant part of the Bank of England's history. The silver, primarily from South America, was shipped to Valparaiso, Chile, where it was refined and then transported to London for safekeeping. The Bullion Office, responsible for the storage and management of these precious metals, played a crucial role in maintaining the stability of the global economy during this period. This photograph offers a rare glimpse into the past, providing us with a tangible connection to the rich history of silver trade and the Bank of England's pivotal role in it. The oblong pigs and smaller, semi-globular pieces of silver, now relics of a bygone era, serve as a testament to the enduring allure and importance of precious metals in the annals of human history.
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