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 Replies: 11 / Views: 1,756 |
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New Member
United States
10 Posts |
I'm really interested in finding some shipwreck coins to add to my collection. Does anyone have any tips on knowing what to buy and what to watch out for?
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Pillar of the Community
United States
6478 Posts |
I would look on the auction archives on HA.com and see what kind of ship wreck coins there are.
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Valued Member
United States
194 Posts |
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Pillar of the Community
United States
4409 Posts |
For US shipwreck coins, certified is the safest way to ensure that you are getting a legitimate coin that actually came from that shipwreck. Famous ones: S.S. New York S.S. Republic S.S. Brother Jonathan S.S. Central America (lots of gold Double Eagles Here's one that sold in April for $329+ shipping http://coins.ha.com/itm/seated-half.../1219-7847.s |
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Pillar of the Community
United States
3210 Posts |
Buy certified ngc or pcgs coins. S.s. Republic and Central America are very famous either for gold coins or silver halves
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Pillar of the Community
United States
1801 Posts |
Talk to Daniel Sedwick, his firm specializes in treasure coins and he is very well respected. Of course the best way to get treasure coins is to find them yourself.
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Bedrock of the Community
United States
20753 Posts |
I too think the best way and the main way you can get those is go looking yourself. Otherwise how would you ever really know.
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Pillar of the Community
United States
6478 Posts |
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Rest in Peace
United States
18456 Posts |
Make sure they are certified by NGC, I'm sure there are a lot of fakes out there. I have 4 or 5 from the El Cazador ship wreck. all slabbed by NGC. I think one of the most expensive coins to obtain is from the Atocha ship wreck.  |
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Moderator
 Australia
16837 Posts |
You should also be aware that the company that exploits the Atocha shipwreck treasure has melted down a couple of the silver ingots found on the wreck, diluted that silver to a level that homeopaths would be proud to claim and then had replicas of some of the shipwreck coins made from that alloy, just so they can advertise the replicas as having been "minted with Atocha silver".
Worldwide, there are "shipwreck coins" that can be had for very reasonable cost, provided you don't need the whole Pirates an' Pieces of Eight mystique. For example, the "Admiral Gardner" was a British merchant ship that ran aground and sank in shallow water near the English Channel in the early 1800s; barrels full of well-preserved East India Company copper coins were recovered from the shipwreck back in the 1980s and these coins are still easily available for just a few dollars each.
You should also be aware that some countries have fairly strict laws in place regarding objects recovered from shipwrecks. Coins recovered from shipwrecks in Australian waters, for example, are considered protected cultural artefacts under Australian law and cannot be sold or exported legally.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
United States
1748 Posts |
On the SS Central America double eagles, make sure that they are still in the gold foil original PCGS holder and that they do not have a cloudy or hazy look. Some reacted to the "conservation" by turning hazy or cloudy. If it hasnt turned hazy by now, it is probably a safe coin to consider 15 years after the fact. I would also consider an AU, rather than a "MS". If it has gone through a conservation process, a "MS" coin is not mint state.
Edited by DoubleEagle20
06/01/2015 10:09 am
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Valued Member
United States
234 Posts |
I would recommend you get a gold dabloon it's certanly on my todo list
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Replies: 11 / Views: 1,756 |
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Posted 05/30/2015 8:15 pm
