SS Central America Shipwreck 1857 S $20 Double Eagle Gold Coin (PCGS AU58)
Lot #5A
Item: 677b-2007118

Sauk Rapids, MN

This Lot is:

Closed

Sun, Oct 28, 2018 9:09pm CDT

High Bidder: #229231

Current Bid:

$3,500.00

Next Required Bid: $3,575.00

Reserve Not Met

Shipping: Yes
Online Payment: Yes
Location / Contact:
1 6th Ave N, Sauk Rapids, MN 56379
Phone: 952-261-4942

Lot Description:

1857 S (faint S) PCGS AU58 $20 Double Eagle gold coin from the famous "Ship of Gold" sinking.  This authenticated shipwreck gold coin was salvaged and is now up for bid along with a handsome "book" display that comes with the history of the ship and the shipwreck and a COA for the coin.  Selling for $6250 - $8500 in this condition.  We've set a low reserve for this piece of gold coin history so bid with confidence.

**Nationwide shipping is available.  Inspections are welcomed and available by appointment, call (952) 261-4942 to schedule a time.  We guarantee all of our jewelry to be as described so bid with confidence!

HIstory:

SS Central America, known as the Ship of Gold, was a 280-foot (85 m) sidewheel steamer that operated between Central America and the eastern coast of the United States during the 1850s. She was originally named the SS George Law, after Mr. George Law of New York. The ship sank in a hurricane in September 1857, along with more than 420 passengers and crew and 30,000 pounds (14,000 kg) of gold, contributing to the Panic of 1857.

Sinking

On 3 September 1857, 477 passengers and 101 crew left the Panamanian port of Colón, sailing for New York Cityunder the command of William Lewis Herndon. The ship was heavily laden with 10 short tons (9.1 t) of goldprospected during the California Gold Rush. After a stop in Havana, the ship continued north.

Map plotting the track and the intensity of the storm, according to the Saffir–Simpson scale

On 9 September 1857, the ship was caught up in a Category 2 hurricane while off the coast of the Carolinas. By 11 September, the 105 mph (170 km/h) winds and heavy seas had shredded her sails, she was taking on water, and her boiler was threatening to fail. A leak in one of the seals between the paddle wheel shafts and the ship's sides sealed its fate. At noon that day, her boiler could no longer maintain fire. Steam pressure dropped, shutting down both the bilge pumps. Also, the paddle wheels that kept her pointed into the wind failed as the ship settled by the stern. The passengers and crew flew the ship's flag inverted (a distress sign in the US) to signal a passing ship. No one came.

A depiction of the sinking

A bucket brigade was formed, and her passengers and crew spent the night fighting a losing battle against the rising water. During the calm of the hurricane, attempts were made to get the boiler running again, but these failed. The second half of the storm then struck. The ship was now on the verge of foundering. Without power, the ship was carried along with the storm and the strong winds would not abate. The next morning, September 12, two ships were spotted, including the brig Marine. Among her passengers, 153 passengers, primarily women and children, made their way over in lifeboats. The ship remained in an area of intense winds and heavy seas that pulled the ship and most of her company away from rescue. Central America sank at 8:00 that evening. As a consequence of the sinking, 425 people were killed. A Norwegian bark, Ellen, rescued an additional 50 from the waters.[1] Another three were picked up over a week later in a lifeboat.

Aftermath

In the immediate aftermath of the sinking, greatest attention was paid to the loss of life, which was described as "appalling" and as having "no parallel" among American navigation disasters.[2] At the time of her sinking, Central America carried gold then valued at approximately US$8,000,000 (modern monetarily equivalent to $292 million, assuming a gold value of $1,000 per troy ounce). The loss shook public confidence in the economy, and contributed to the Panic of 1857.[citation needed] The valuation of the ship itself was substantially less than those lost in other disasters of the period, being $140,000 (equivalent to $3,680,000 in 2017).[2]

Commander William Lewis Herndon, a distinguished officer who had served during the Mexican–American War and explored the Amazon Valley, was captain of Central America, and went down with his ship. Two US Navy ships were later named USS Herndon in his honor, as was the town of Herndon, Virginia. Two years after the sinking, his daughter Ellen married Chester Alan Arthur, later the 21st President of the United States.

***IMPORTANT, PLEASE READ BEFORE BIDDING!***

1. THERE IS SHIPPING AVAILABLE FOR THIS AUCTION (SEE THE SHIPPING TAB FOR INFO)

2.  REMOVAL IS MONDAY OCTOBER 29th and TUESDAY, OCTOBER 30th FROM 9AM to 7PM.

2A.  ALL ITEMS ARE STORED OFF-SITE IN A SAFE.  TO INSPECT ANY ITEM(S), PLEASE CALL AUCTION HOUSE WITH A LIST OF SPECIFIC LOTS THAT YOU'D LIKE TO INSPECT AND INSPECTION CAN BE ARRANGED.

2B.  DO YOUR RESEARCH AND ASK YOUR QUESTIONS BEFORE YOU BID.  ONCE A BID IS PLACED IT CANNOT BE UNDONE.  ONCE AN ITEM IS WON IT IS YOUR LEGAL RESPONSIBILITY TO PAY THE INVOICE.  THERE ARE NO REFUNDS.  INSPECTIONS ARE WELCOMED, BUT REMOVAL DAY IS NOT INSPECTION DAY - IT IS THE DAY TO PAY AND REMOVE YOUR ITEMS.

3.  ALL ITEMS STATED AS PLATINUM, GOLD (Yellow, White, 10k - 18k), PLATLITE, AND STERLING SILVER ARE GUARANTEED TO BE THOSE METALS; SOLID, NOT FILLED OR PLATED.

4.  IF ANY ITEM IS LISTED AS DIAMOND IT IS GUARANTEED TO BE A GENUINE, NATURAL DIAMOND.

5.  ANY GEMSTONES INCLUDING RUBIES, EMERALDS, SAPPHIRES, TANZANITE, AMETHYST, TOPAZ, CITRINE, MORGANITE, AND ALL OTHERS COULD BE EITHER NATURAL (NOTED AS GENUINE), LAB-CREATED, COLOR-ENHANCED, GLASS-FILLED, CRYSTALIZED, OR LASER-TREATED.  ALL CARAT SIZES ARE APPROXIMATE AS MOUNTING PERMITS OBSERVATION BUT ARE GENERALLY WITHIN THE 2-4% ACCEPTED GUIDELINES OF APPROXIMATION.

6.  ALL APPRAISALS, ESTIMATES OF VALUE, AND EVALUATIONS ARE THE OPINION OF THE INDIVIDUALS GIVING THE VALUE BASED ON CURRENT MARKET PRICE AT WHICH THE COMPARABLE MARKET JEWELRY MAY BE PURCHASED IN AN AVERAGE FINE JEWELRY STORE.  IF AN APPRAISAL IS INCLUDED ON ANY ITEM OF JEWELRY IT IS SOLELY FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE USED AS THE ONLY BASIS FOR PURCHASE, SALE, OR RESALE OF THE ITEM.  AUCTION HOUSE SHALL NOT BE HELD LIABLE FOR ANY LOSS, DAMAGE, OR FOR ANY ERROR OR OMMISSION IN THE APPRAISAL SUBMITTED.

Have questions?  Please call Auction House at (952) 261-4942 before bidding if you have a question that affects your bid.

Winning bids are contracts to pay between the high bidder and Auction House on behalf of the consignor: honest bidders only please.

All payments are due before the end of the removal date and time listed below.  Any item not claimed within 14 days of the close of the auction become the property of Auction House and no refunds will be given.

Inspection

Auction Closing:

Sun, Oct 28, 2018
09:00 pm

Removal:


Bidding Increments:

Bid Range Minimum Increment
$0.01 - $75.00 $1.00
$75.01 - $150.00 $5.00
$150.01 - $250.00 $10.00
$250.01 - $500.00 $25.00
$500.01 - $1,000.00 $50.00
$1,000.01 - $5,000.00 $75.00
$5,000.01 - $50,000.00 $100.00
$50,000.01 - $75,000.00 $250.00
$75,000.01 - $100,000.00 $500.00
$100,000.01 - $2,500,000.00 $1,000.00

Hammer Price TierBuyer's PremiumCap
$0.00 - $4,999.99 13.00%
$5,000.00 - infinity 10.00%$1,000.00


This auction is contracted and managed by: Auction House

Manager: James Egge


There is a 13.00% BUYERS PREMIUM on this auction.

This auction is contracted and managed by Auction House and James Egge, Auctioneer (Lic 05-15-002). K-BID is the Dealer of Record. DLR #24714

This affiliate accepts: Cash, Visa, MasterCard, American Express and Discover.  Checks are not accepted.

By placing a bid on this auction you are agreeing to the auction specific terms listed below in addition to K-BID user terms.  For auctions contracted and managed by an Independent Affiliate, K-BID Online, Inc. is acting as a venue only and will not be involved in any disputes or issues regarding this auction.

Everything is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

At the close of the auction active items will remain open until no bids have been received for three minutes.

1. THERE IS SHIPPING AVAILABLE FOR THIS AUCTION (SEE THE SHIPPING TAB FOR INFO)

2.  REMOVAL IS MONDAY OCTOBER 29th and TUESDAY, OCTOBER 30th FROM 9AM to 7PM.

2A.  ALL ITEMS ARE STORED OFF-SITE IN A SAFE.  TO INSPECT ANY ITEM(S), PLEASE CALL AUCTION HOUSE WITH A LIST OF SPECIFIC LOTS THAT YOU'D LIKE TO INSPECT AND INSPECTION CAN BE ARRANGED.

2B.  DO YOUR RESEARCH AND ASK YOUR QUESTIONS BEFORE YOU BID.  ONCE A BID IS PLACED IT CANNOT BE UNDONE.  ONCE AN ITEM IS WON IT IS YOUR LEGAL RESPONSIBILITY TO PAY THE INVOICE.  THERE ARE NO REFUNDS.  INSPECTIONS ARE WELCOMED, BUT REMOVAL DAY IS NOT INSPECTION DAY - IT IS THE DAY TO PAY AND REMOVE YOUR ITEMS.

3.  ALL ITEMS STATED AS PLATINUM, GOLD (Yellow, White, 10k - 18k), PLATLITE, AND STERLING SILVER ARE GUARANTEED TO BE THOSE METALS; SOLID, NOT FILLED OR PLATED.

4.  IF ANY ITEM IS LISTED AS DIAMOND IT IS GUARANTEED TO BE A GENUINE, NATURAL DIAMOND.

5.  ANY GEMSTONES INCLUDING RUBIES, EMERALDS, SAPPHIRES, TANZANITE, AMETHYST, TOPAZ, CITRINE, MORGANITE, AND ALL OTHERS COULD BE EITHER NATURAL (NOTED AS GENUINE), LAB-CREATED, COLOR-ENHANCED, GLASS-FILLED, CRYSTALIZED, OR LASER-TREATED.  ALL CARAT SIZES ARE APPROXIMATE AS MOUNTING PERMITS OBSERVATION BUT ARE GENERALLY WITHIN THE 2-4% ACCEPTED GUIDELINES OF APPROXIMATION.

 

6.  ALL APPRAISALS, ESTIMATES OF VALUE, AND EVALUATIONS ARE THE OPINION OF THE INDIVIDUALS GIVING THE VALUE BASED ON CURRENT MARKET PRICE AT WHICH THE COMPARABLE MARKET JEWELRY MAY BE PURCHASED IN AN AVERAGE FINE JEWELRY STORE.  IF AN APPRAISAL IS INCLUDED ON ANY ITEM OF JEWELRY IT IS SOLELY FOR INFORMATIONAL PURPOSES AND SHOULD NOT BE USED AS THE ONLY BASIS FOR PURCHASE, SALE, OR RESALE OF THE ITEM.  AUCTION HOUSE SHALL NOT BE HELD LIABLE FOR ANY LOSS, DAMAGE, OR FOR ANY ERROR OR OMMISSION IN THE APPRAISAL SUBMITTED.

IMPORTANT NOTE: If the high bidder of an item does NOT acknowledge the purchase, K-BID systems reserves the right to determine how and to whom it will be resold. If we determine that the winning bid was not a bona fide bidder, the item WILL NOT AUTOMATICALLY go to the next second-highest bid.

This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.     K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.     K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.   By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.   Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).   Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.   Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.   Sellers, and their agents, are prohibited from bidding on their own assets.   Items with a reserve will not be sold unless the reserve price has been met.   At the close of the auction active items will remain open until no bids have been received for three minutes.   Applicable sales tax will be collected by the affiliate managing the auction.     In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion K-BID reserves the right to delete any bid we believe has been place by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until user is verified . K-BID Online, Inc reserves the right to disallow anybody from bidding on its web site. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.   Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice.    Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.


This auction is contracted and managed by an independent affiliate. By placing a bid on this auction, you are agreeing to the auction specific terms listed on this page in additions to the K-BID user terms and agreements.  

K-BID Online, Inc. (K-BID) is responsible for maintaining the K-BID.com website.  K-BID.com serves as the venue used by independent auction companies (Affiliates) to present their online auctions to bidders.  

K-BID’s role in the auctions listed on K-BID.com is limited to providing the venue for affiliate auctions. Affiliates are not employees, agents, representatives or partners of K-BID Online, Inc. K-BID’s knowledge about individual auctions and individual auction transactions is limited to the information appearing on the website.

By placing a bid on K-BID.com, bidders are verifying they are at least 18 years old and acknowledging they understand and will comply with both the K-BID.com website terms and the auction specific terms. Bidders MUST NOT share their password or account information with anyone. Bidders are responsible for bids placed on their account.

Inspection dates/times are available for every auction. Bidders are strongly encouraged to inspect prior to placing bids. Removal day is not inspection day. When an auction ends, and the winning bidder invoice appears on the bidder’s dashboard, the bidder is obligated to honor their bid(s).

Every auction item is sold “as is, where is” with no guarantees or warranties. You are responsible for inspecting items prior to purchase.

Bidders are responsible for knowing and complying with auction terms. Failure to comply with removal terms may result in bidding privileges being disabled.  Once a bid is placed it cannot be retracted.

Sellers and their agents are prohibited from bidding on their own assets.

Items with a reserve will not be sold unless the reserve price has been met.

At the close of the auction, active items will remain open until no bids have been received for three minutes.

Applicable sales tax will be collected by the affiliate managing the auction.  

In the event that bidding rights are terminated due to no-show invoices, bidders MAY be reinstated at the discretion of K-BID only after a penalty fee of 20% of the unpaid invoice(s) and a reinstatement fee of $25.00 has been paid to K-BID and a scanned copy of your driver's license emailed to us. INVOICED ITEMS WILL NOT BE AWARDED. The payment is punitive and meant to deter no-shows. Duplicate bidder accounts will be deactivated when they are determined to exist. If possible and at our discretion, K-BID reserves the right to delete any bid we believe has been placed by a suspect bidder. Any registration that shows up on our fraud detection system may be placed on hold and bids removed until the user is verified. K-BID Online, Inc reserves the right to disallow anybody from bidding on its website. Cases of obvious bidding with no intent to redeem will be referred to appropriate legal authorities.

Affiliates may lower a lot reserve at any time before or after an auction closes.  If the reserve is lowered while the auction is in progress, the applicable reserve message will appear below the Next Required Bid information (Reserve Not Met or Reserve Has Been Met); the asset will sell to the high bidder if the lowered reserve amount is met. If the reserve is lowered after the auction closes, the highest bidder at auction close will receive a winning bidder invoice. 

Once an auction begins its closing process, outbid notifications will not be sent.

Once a bid is placed it cannot be retracted.

 



1 6th Ave N
Sauk Rapids
MN, 56379


Phone: 952-261-4942

FOR JEWELRY AND WATCHES:

NATIONWIDE SHIPPING IS $10 (WHICH ALSO COVERS POSTAGE) NO MATTER HOW MANY LOTS YOU WIN.  OPTIONAL INSURANCE IS EXTRA @ $2.25 PER $100.

 

FOR SMALL ITEMS (BASEBALLS, LETTERS, ETC):

NATIONWIDE SHIPPING IS $15 (WHICH ALSO COVERS POSTAGE) NO MATTER HOW MANY LOTS YOU WIN.  OPTIONAL INSURANCE IS EXTRA @ $2.25 PER $100.

 

FOR LARGER ITEMS (PAINTINGS, GUITARS):

PLEASE SEE ITEM DESCRIPTION FOR SHIPPING COSTS

 

UNABLE TO SHIP THE TIFFANY WALL CLOCK

Bid History

23 Bid(s)
Bidder Placed High Bid
229231
Oct 28 09:08pm
$3,500.00
294859
Oct 28 08:14pm
$3,025.01
295922
Oct 28 07:52pm
$2,950.01
58398
Oct 28 07:23pm
$2,875.01
139079
Oct 28 01:42pm
$2,500.00
250027
Oct 28 12:25pm
$2,375.00
139079
Oct 28 12:07pm
$2,300.00
250027
Oct 27 08:38pm
$2,126.00
295922
Oct 27 07:29pm
$2,051.00
250027
Oct 27 12:28pm
$1,976.00
12606
Oct 27 09:34am
$1,901.00
250027
Oct 26 09:04pm
$1,750.00
295922
Oct 26 07:09pm
$1,675.00
250027
Oct 23 07:37pm
$1,525.00
224221
Oct 22 07:20pm
$1,450.00
250027
Oct 21 09:25pm
$1,375.00
224221
Oct 21 08:59am
$1,300.00
250027
Oct 20 06:41pm
$1,175.00
224221
Oct 20 01:25pm
$1,100.00
250027
Oct 19 06:45pm
$1,000.00
83172
Oct 18 04:48pm
$949.99
281943
Oct 16 11:49pm
$899.99
269360
Oct 16 09:02pm
$100.00