Wednesday, April 11, 2018

Buy Gold Coins from the 1857 Ship of Gold

The 1857 Ship of Gold

The S.S. Central America, known as the "Ship of Gold", operated during the 1850's transporting freshly mined gold from the California Gold Rush to New York. She reliably did this twice a month until the largest hurricane of the 19th century struck on September 11, 1857.  The ship sank along with 425 souls and millions of dollars into the dark waters of the Atlantic Ocean and the loss of the cargo was so important to the financial market that it caused the Great Financial Panic of 1857.
Now, over 160 years later, Austin Rare Coins is one of the few dealers that have been chosen to distribute these amazing golden treasures to the public. Only 3,154 gold coins were recovered from the second salvage of the SS Central America back in 2014, and not since 2005 has there been a substantial find of high-end, United States gold coins from a Civil War-Era Shipwreck. Most of the gold coins from the Ship of Gold are large $20 Liberty Head Gold coins, or Double Eagles, preserved in absolutely amazing states of preservation.

Allotments are extremely limited and demand for the sunken treasure is very high.  Because we are amongst the first dealers to offer these coins, we acquired them at the lowest prices possible. Each coin has been carefully curated, graded and certified by PCGS and comes in a gorgeous presentation case along with a "pinch of gold" from the shipwreck.

Most of the coins we have are 1857-San Francisco $20 Liberties in grades ranging from AU-58 (near mint) up to a single, gem Mint State-65 example.  
Prices for these coins start at only $6,950 each, which we feel are very reasonable given their high gold content, historic importance, and overall beauty. 

As you can see from the images below, the quality and packaging of coins from the "Ship of Gold" are impressive.

**So that all of our clients can have a chance to own a Double Eagle from the Central America, we're offering $1,400 for every ounce of gold that you would like to use as trade for one of these coins, no matter the grade.

Call 1-800-928-6468 for details and to lock-in these trades.

Monday, March 5, 2018

Ship of Gold - SS Central America Shipwreck Coins

On September 3rd 1857, the SS Central America left Panama carrying 10 tons of gold coins and bars that had been mined in the hills of California during the Gold Rush. Carrying 477 passengers and 101 crew members, the ship set sail for New York City under the command of captain William Herndon. 

A few days later the ship ran into a powerful hurricane off the coast of the Carolinas, and after 2 Days of heavy winds and rains the powerful storm rendered the Central America helpless. Eventually the the ship could take no more, 425 people lost their lives and all of the gold on the Central America sank to the bottom of the Atlantic Ocean. There it remained until "The Ship of Gold" was discovered in the 1980s.

The Treasure of the SS Central America ranged from large gold ingots of various sizes to newly-minted $20 gold pieces, freshly struck in San Francisco, and every other denomination of coinage imaginable. The recovered treasure is unprecedented in terms of scope, size and quality.

Today, Austin rare coins and bullion handles many of the finest coins recovered from the "Ship of Gold" - SS Central America available for saleBe sure to call 1-800-928-6468 for up-to-the-minute availability and pricing on the exclusive release of the gold Treasures recovered from the SS Central America shipwreck of 1857.

While the great majority of the coins recovered are double eagles we have exclusive access to many of the overlooked, fundamental rarities available from this extraordinary piece of American history.

Tuesday, February 27, 2018

THE RETURN to the SS Central America - Second Round of S.S. Central America Gold Coins to be released to the Public - SOON!

The latest salvage of several thousand shipwreck gold coins from the S.S Central America has occurred and once again is undergoing the conservation and grading process to preserve and protect the coins. This is so they can be brought to market in the best condition possible for sale to collectors and investors.

Even though the exact date has not been released from the Professional Coin Grading Service (PCGS) they have announced that they expect to finish grading the coins sometime in March 2018.  The latest salvage from "Ship of Gold," the name given to the steamship that had an unfortunate run in with a hurricane off the coast of the Carolinas sinking on Sept. 12, 1857 to a  depth of 7,200 ft., includes coins found to still be in excellent condition.

Even though this latest batch of coins hasn't been released for sale yet, they have been put on display for numismatists, historical buffs, and those curious to partake in an interactive experience for all to enjoy. The debut of these extraordinary coins was held at the EXPO in Long Beach, which occurred last week at the Long Beach Convention Center from February 22 until February 24. Not only were there many gold coins to be seen, but gold bars, and gold dust recovered from the S.S. Central America were also on display.
1857-S $20 Gold Coin from the S.S. Central America
This photo from PCGS shows a beautiful example of the 1857-S $20 gold coin from the S.S. Central America.
Notice the rainbow coloration and toning very seldom seen on gold coins.
Credits to treasure manager and co-owner Dwight Manley, and shipwreck coin curator Bob Evans.
The extent of what exists at the bottom of the ocean 7.200 feet deep has not been revealed by the the California Gold Marketing Group LLC, but what we do know is that they have insured the latest exhibited portion for an incredible $40 million!  This is creating a great buzz around the next release, as collectors and numismatists around the world are waiting with bated breath. All are anxious to own a piece of this tragic historical tale, which was the worst passenger ship disaster of its day. Not only did it literally lose tons of gold coins, but a horrendous loss of life where 425 of the 579 crew members were lost.  

It is rare to discover a treasure in such remarkable condition, let alone the epic story that is associated with it. Part of the story is also the salvage itself and the great care to process every specimen; encapsulating each coin so that they remain air-tight and protected from any damage, documenting the exact location each coin was found and treating the entire shipwreck as an archeological site.   

If you would like to find out more about rare coins then contact one of our Rare Coins Advisors at Austin Rare Coins & Bullion. Feel free to call us at 1-800-928-6468 with any or your questions. We are happy to help you procure your next rare gem for your collection!  


Monday, February 26, 2018

Long Beach Expo Featured Rare Gold & Silver Coins from S.S. Central America Shipwreck

On Thursday, Feb. 22 until Saturday, Feb. 24. the Long Beach Convention Center exhibited roughly $40 million in gold treasure! These extraordinary coins were recovered from the S.S. Central America, which sank in 1857 about 160 miles off South Carolina.

Here is a video from Coin Week about the display that was brought to Long Beach by Dwight Manley who acquired rights to salvage the wreck in 2014. " This is the first in a multi-year series of displays from the collection showcasing more than 500 superbly preserved examples of portrait coins minted in the Thames Valley over the last 1,400 years, including a complete King Edward VIII pattern proof set produced in 1937 by the Royal Mint—the only known set in private hands."  

Check Austin Coins & Bullion
for future SS. Central America Shipwreck coins to be release later in 2018!