Shipwreck Coins

The historic 1715 Fleet Shipwreck holds legendary status among maritime disasters. This catastrophe occurred on the eastern coast of Florida on July 31, 1715, when Spanish ships laden with treasure met their end.

The Fleet's Departure

The Spanish fleet set sail from Havana, Cuba, aiming to return to Spain. Altogether, the ships carried a vast fortune of gold, silver, and precious gems. In fact, the treasure's estimated worth was millions of pesos, and the ships formed a crucial part of Spain's colonial wealth.

The Storm That Changed History

A violent hurricane struck the fleet off the coast of Florida without warning. The ships struggled against fierce winds and waves, but the fleet

Introduction

The SS Central America, also known as the "Ship of Gold," sank in 1857. The shipwreck carried massive gold lost during the California Gold Rush. Additionally, large Kellogg & Humbert gold ingots were among the treasures recovered. Obviously, these large gold bars were so big that they would cost over a half-million dollars based on the gold content alone. Therefore, the remarkable gold bar faceplate weighing 17 ounces was cut off to be more affordable. The original gold bar, produced by Kellogg and Humbert, weighed over 239 ounces.

The SS Central America Shipwreck

The SS Central America sank in a hurricane off the coast of the Carolinas. The ship was en route from Panama to New

Introduction: A Guide to Building Your Unique Treasure

In the world of rare coin collecting, enthusiasts are captivated by history and welcome tips on collecting rare coins. Museums, such as the American Numismatic Association Money Museum, showcase extraordinary collections. The Smithsonian National Numismatic Collection and the British Museum contribute to our appreciation of rare coins, emphasizing their historical significance.

The allure of rare coins extends beyond museum walls. Auction houses and private collectors frequently make these numismatic treasures available for sale. Rare coin collecting is not just a cultural and historical journey; it's also an opportunity for financial gain. Rare collections, featuring sought-after coins, can

The story of Pascual Esquerra's tragic tale of an ill-fated journey on the SS Central America is a remarkable one. Pascual Esquerra was an impressive Chilean and Spanish businessman whose life took an unexpected turn amidst the tempestuous seas. Esquerra's path led him to become a vital component of the unlucky SS Central America. Consequently, despite being born privileged in the picturesque villages of Valparaiso, Chile, huge misfortunes can occur to anyone. 

Majestic ship was pushed to its limits

On that fateful day of 9 September 1857, the SS Central America found itself entangled in the relentless grip of a Category 2 hurricane. In short, it was stuck off the coast of the Carolinas in an enormous storm. Buffeted by ferocious 105 mph winds and at the mercy of the treacherous seas. As a result, the once majestic ship was pushed to its limits.

Starting to collect coins can be challenging when examining various rare coins. Whether you're interested in collecting a specific type of coin or not, you can explore a few different options. However, it's advisable to seek advice from a reputable dealer who specializes in all types of rare coins, such as Austin Rare Coins and Bullions.

Types Of Metals

Minters can use various types of metals to produce coins depending

Precious metals are the ideal way to diversify your investment portfolio in 2023. First of all, diversification is an important aspect of investment portfolio management. It helps reduce risk and increases the potential for returns. In 2023, many investors will have considered adding different types of precious metals to their portfolios. Meanwhile, by diversifying, they can potentially enhance investment returns.

Secondly, precious metals, such as gold and silver, have a long history of being used as a store of value. Notably, in times when there is heavy inflation, economic uncertainty, or market volatility. Consequently, precious metals are seen as safe-haven assets because they're not directly tied to the performance of equities. Therefore, they do not necessarily follow other financial markets.

In addition

Thinking about breaking into the rare coin collectors market? You might want to look at some shipwreck coins that are available. At Austin Rare Coins, we specialize in all kinds of collectible coins including coins recovered from iconic shipwrecks. The amount of shipwreck coins we have in stock fluctuates. If you'd like more information about what we have and what we can get, give us a call.

It can be challenging yet beneficial to recognize market patterns and understand what shipwreck coins to get. With the right knowledge and resources, it’s possible to capitalize on market movements and make an impressive return on your investment. Here are a few tips from Austin Rare Coins & Bullion to help you make smarter decisions that can reward y

Be careful trying to buy coins that are supposed to be from a famous shipwreck. How to identify a shipwreck coin should be left to the experts. It is hard to determine if a coin is a shipwreck coin just by looking at it. How is the average person supposed to know if a coin was hidden in a shipwreck for over a hundreds of years? Even if a coin is actually from a shipwreck it could be in terrible condition and not worth very much. However, those salvaged in good to excellent condition can be worth a lot of money. Especially, if they are a from a rare date and only a few surviving coins actually exist.

Austin Rare Coins & Bullion is one of the premier shipwreck coin dealers in the United States. They know how to identify a shipwreck coin. In fact, they specialize in high-end shipwreck coins dating back to 1845. Above all, they only deal in shipwreck coins certified and authenticated by NGC

There is no easy answer regarding who owns the gold from the S.S. Central America. The S.S. Central America, also know as the “Ship of Gold,” sank in a hurricane off the cost of the Carolinas with tons of gold from the San Francisco mint. In addition, there were gold coins, ingots, gold dust, and various bullion coins from the California Gold Rush that went down with the ship. In fact, the enormous loss of gold has been described as the greatest economic catastrophe in all of U.S. maritime history.

I took over a 150 years to find the Ship of Gold sitting at the bottom of the Atlantic Ocean. The ship was located by the Columbus-America Discovery Group of Ohio, led by Tommy Gre

Occasionally customers call and ask us, "Can I buy gold ingots?" Many of them are especially interested in gold ingots from the SS Central American Shipwreck. What's interesting is where these gold ingots came from—The California Gold rush. It was a very fascinating time in American History.

This is when massive fortunes were made and lost. Most importantly, gold remained a testament to this exciting time period. Prospectors were frantic to discover it. They took gold nuggets in rocks to gold dust in rivers. This raw gold was turned into gold coins and bars—called ingots.

The gold was first mined in the California Hills and then taken to private refiners or assayers. They would weigh the gold and estimate its purity. Furthermore, it paid the miners for their hard work. The gold was amassed by the refiners, so the assayers could melt and ref