SS Central America Coins - Coin Community Forum

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Author	Replies: 8 / Views: 2,357
Dave H Pillar of the Community United States 1436 Posts	Posted 04/17/2020 4:06 pm Wondering how many have purchased a coin from the "Ship of Gold"? I decided to take the plunge due to the history behind them. Just amazing this was recovered from 7,200' at the bottom of the Atlantic... Report this Post to the Staff

John1 Moderator United States 56855 Posts	Posted 04/17/2020 4:36 pm Did you pay that price or get a deal? http://www.numismedia.com/rarecoinp...proof=&plus= John1 Edited by John1 04/17/2020 4:38 pm Report this Post to the Staff
Dave H Pillar of the Community United States 1436 Posts	Posted 04/17/2020 4:40 pm No, I paid a CONSIDERABLE amount less than the price on the sticker... Report this Post to the Staff
Keith67 Pillar of the Community United States 6507 Posts	Posted 04/17/2020 4:41 pm I hope that's not the Rick Harrison on tv Report this Post to the Staff
Henry M Smith Valued Member United States 337 Posts	Posted 04/17/2020 9:41 pm Is the ring around the gold dust also gold, or do you know? Report this Post to the Staff
Dave H Pillar of the Community United States 1436 Posts	Posted 04/17/2020 10:52 pm Yes, actually it is the Rick Harrison from Pawn Stars, although that's not who it was purchased from The ring around the gold dust isn't gold... it's just an insert Report this Post to the Staff
Keith67 Pillar of the Community United States 6507 Posts	Posted 04/18/2020 12:40 pm Hope you got that for somewhere around 10K Report this Post to the Staff
suipakpaikungfu Pillar of the Community United States 992 Posts	Posted 04/18/2020 1:47 pm A little out of my price range... Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4588 Posts	Posted 04/18/2020 7:00 pm The problem is two fold... one is the price on the sticker is almost 2x the auction ($8K) or retail price of the coin ($11K, maybe a smidge higher in PCGS plastic). Plus whatever the value of a pinch of gold dust is worth. Balance that against the cachet of the shipwreck... The second problem is that the find significantly increased the population of these coins... the trajectory is all wrong... are there enough buyers interested? 2/19 auction was 12K, 7/19 auction was 11K, 11/19 was 9K and 1/20 just over 8K. The PCGS population in MS-65 is 1,044 - NGC is just 124. You have to think that a big part of the difference is the SS Central America coins. On the other hand, it's a shipwreck coin from a wreck with a fabulous history... -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
	Replies: 8 / Views: 2,357

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