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Spanish Gold Coins

The famed luxury steamship that sank in 1838 may have been found off NC coast

The Pulaski explodes, from page 170 of the 1848 book by Charles Ellms. North Carolina Department of Cultural Resources

The Pulaski explodes, from page 170 of the 1848 book by Charles Ellms. North Carolina Department of Cultural Resources

The Charlotte Observer posted, ‘Divers believe they’ve found famed luxury ship that sank in 1838 off the NC coast‘.

“A luxury steamship that went to the bottom of the Atlantic in 1838 with half its affluent passengers may have been found 40 miles off the coast of North Carolina.

An underwater exploration venture based out of Florida said it has found enough evidence to convince backers they’ve found the wreck of the Pulaski sitting under 115 feet of water.

That evidence includes Spanish and U.S. silver coins that date up until the time of the wreck, along with wreckage that closely parallels survivor’s stories of a starboard boiler explosion that sank the ship in 45 minutes…”

All coins we are finding are from the time up until the wreck, and we’ve found 25 specimens…

A filing with the U.S. Securities and Exchange Commission described the discoveries made so far as “passenger valuables.” The coins have included silver Spanish and American pieces, as well as a Mexican peso the size of a half dollar.”

Treasure hunter jailed till he discloses location of 3 tons of gold

Washington Post-"A treasure hunter found 3 tons of sunken gold"

Washington Post-“A treasure hunter found 3 tons of sunken gold”

The Washington Post reported on a story that we’ve been following with interest in the story – “A treasure hunter found 3 tons of sunken gold — and can’t leave jail until he says where it is”.

“Tommy G. Thompson was once one of the greatest treasure hunters of his time: A dark-bearded diver who hauled a trove of gold from the Atlantic Ocean in 1988 — dubbed the richest find in U.S. history…

…Now Thompson’s beard has grayed, and he lives in an Ohio jail cell, held there until he gives up the location of the gold.

But for nearly two years, despite threats and fines and the best exertions of a federal judge, no one has managed to make Thompson reveal what he did with the treasure.”

Read the story and watch the video!

Related: “Hearing set for treasure hunter jailed over missing coins” AP News“Hearing set for treasure hunter jailed over missing coins” AP News

 

The January 2017 NYINC Auction is January 12-14, 2017

2017 Stacks Bowers NYINC Auction

2017 Stacks Bowers NYINC Auction

CoinWeek.com shared details of the announcement from Stack’s Bowers Galleries…

Stack’s Bowers Galleries is thrilled to share details of their forthcoming Stacks Bowers NYINC Auction of world coins, world paper money and ancient coins, held in conjunction with the prestigious New York International Numismatic Convention (NYINC). This event will be held January 12-14 2017 at the Waldorf Astoria Hotel in vibrant Midtown Manhattan in New York City.

The Ancient and World Coin Stacks Bowers NYINC Auction sale will be split between two days…  Read the article for more details.

Stacks Bowers’s Auctions

Examples: (screenshot 12/11/16)

“Gold coins from 1715 shipwreck hit the market” – CBSNews.com”

(photo source: CBSNews.com)

CBSNews.com reported that

A New Orleans investment firm has begun marketing gold coins from a 300-year-old shipwreck discovered off Florida’s coast.

John Albanese, a New Jersey-based coin expert who brokered the sales, said…the combined market value of the coins is more than $1 million.

The coins vary in denomination, size and shape. “They were very crudely made. They were handmade,” said Albanese, who added that the coins’ worth at the time they were made was based on their weight.”

Click here for the Video Report.