Rare coin from the sunken 'Ship of Gold' auctions in New York

A few interesting entry-level investment coins will be offered alongside some of the very finest in certified and graded United States stamps at Michael I Casper, later today (July 1, Eastern Daylight Time).

Among the numismatic treasures for sale is a 1915-S Panama-Pacific Exposition Quarter Eagle. Graded MS66 by the PCGS, the coin is described as "wonderfully original" and "absolutely beautiful" with a blend of orange-gold and rose-gold colours upon its surface.

The coin has a bold strike, with a satin-to-softly frosted luster on both its sides. According to Michael I Casper, its surfaces are "uncommonly smooth" for an example of its type with no surface blemishes of any kind. It carries an estimate of $7,000.


An artist's impression of the sinking of the SS Central America (left) and
the Kellogg & Co $50 Gold Commemorative coin struck from its gold 

Also appearing is this gem proof "1855" Kellogg & Co $50 Gold Commemorative Re-strike, dated to September 2, 2001, with lovely yellow-gold surfaces.

Estimated at $7,500, the coin is made from 2 ½ ounces of gold from the SS Central America. The boat sank in 1857, taking 400 passengers and crew and 30,000 pounds of gold with it.

The 280-foot Central America steamer was nicknamed "the Ship of Gold" because of its valuable haul, and operated between Central America and the US's east coast during the 1850s.


The 1915-S Panama-Pacific Exposition Quarter Eagle (left) and the
1893-CC Morgan Silver Dollar aka 'the final Carson City dollar'

So valued was the ship's cargo that its sinking contributed to a sudden downturn in the US's economy, today remembered as the Panic of 1857.

Meanwhile, last - but by no means least - is the 1893-CC Morgan Silver Dollar. Graded MS62 (PCGS), this is a fully-lustrous Mint State example of the final Carson City dollar.

With brilliant silver surfaces and beautiful toning along its obverse rim, the Morgan Silver Dollar will appear at Michael I Casper with a pre-sale estimate of $7,500.

Collectors across the globe have a chance to bid on these historic coins via Michael I Casper's website. The auction is being held in Ithaca, New York.

 

Join our readers in 180 countries around the world - sign up for your free weekly Collectibles Newsletter today

 

Register to receive more indepth articles from our dedicated team.

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock