Douro Shipwreck Gold Sovereign - Coin Community Forum

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Author	Replies: 4 / Views: 4,243
Learjet Pillar of the Community Australia 655 Posts	Posted 01/22/2008 10:57 am How many times have you wondered about where your coin has been or who may have handled it? With my new acquisition for the most part I know the answer to that. It's been at the bottom of the sea, some 1500 feet down hanging out with the fishes for some 113 years! This 1875 Sydney mint Sovereign, along with some 28,000 other gold sovereigns were among the cargo of the Royal Mail Steamship "Douro" when it sank on April 5 1882. Recovered in 1995, this coin went on sale at a Spink auction London in 1996 and earlier today a nice post lady delivered it to me. Seems to have stood life under the sea in salt water for all that time pretty well! The reverse is a really nice UNC, has mirror fields, maybe a bit of fish guts on it. I always wanted a shipwreck coin, and now I have one. Unreal. Report this Post to the Staff

Jim1953 Pillar of the Community United States 2600 Posts	Posted 01/22/2008 11:01 am Lear, that coin is beautiful. I have always wanted a decent wreck coin but have never spent the money. The condition is amazing, all things considered. If you do not mind, approximately how much did it cost? Jim Report this Post to the Staff
Learjet Pillar of the Community Australia 655 Posts	Posted 01/22/2008 11:16 am Hi Jim, it wasn't cheap - $465 AUD. It grades at around aUNC for the obverse and UNC for the reverse. Book value for an 1875s in that condition is aUNC $800 and for UNC $2250 so I didn't do so bad. Report this Post to the Staff
1sikevo Pillar of the Community United States 1130 Posts	Posted 01/22/2008 12:32 pm Gold stands the best chance to survive in seawater. Looks good ! Report this Post to the Staff
KurtS Pillar of the Community United States 5318 Posts	Posted 01/22/2008 1:06 pm A beautiful coin, particularly for that long under the sea. It must have been well-buried, and those few spots may be tarnished copper in the alloy. What a cool piece of history! Edited by KurtS 01/22/2008 1:08 pm Report this Post to the Staff
	Replies: 4 / Views: 4,243

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