-40%

1857 GOLD S S CENTRAL AMERICA CALIFORNIA SALVAGE NUGGETS PCGS 0.5G RAREQC Error

$ 92.4

Availability: 16 in stock
  • Certification: PCGS
  • Composition: Gold
  • Year: 1857
  • Country/Region of Manufacture: United States
  • Condition: Original PCGS Holder and certificate. Certificate has a fold.
  • Mint Location: San Francisco
  • Circulated/Uncirculated: Uncirculated

    Description

    Original PCGS holder with .5 grams of pinch gold.  Small gold nugget encasing quartz or another crystal as seen. Rare to see even small pieces missed by the Assayers! Only one we have ever seen! Comes with certificate which was folded once.
    1857 GOLD S.S. CENTRAL AMERICA CALIFORNIA GOLD RUSH  .5 GRAMS PINCH FLAKES
    IN 1857, THE UNITED STATES ATLANTIC MAIL THREE-MASTED SIDE-WHEEL STEAMSHIP
    SS. CENTRAL AMERICA
    SET SAIL FROM HAVANA TO NEW YORK. OFF THE CAROLINAS, THE SHIP, WHICH WAS HEAVILY LADEN WITH OVER THREE TONS OF
    CALIFORNIA GOLD RUSH
    GOLD, ENCOUNTERED A HURRICANE, FOUNDERED AND SANK IN DEEP WATER. OVER 400 PASSENGERS AND CREW WERE LOST AS WELL AS THE CARGO THAT EARNED THE SHIP THE NAME, "
    SHIP OF GOLD"
    . IT WAS CALLED "AMERICA'S LOST TREASURE" AND ITS LOSS CONTRIBUTED TO
    THE PANIC OF 1857
    .
    THE PANIC WAS CAUSED BY THE FAILURE OF MANY NEW YORK BANKS DUE TO THEIR INABILITY TO MEET PAYROLL AND PAY CREDITORS DIRECTLY DUE TO THE LOSS OF THE
    CENTRAL AMERICA'S
    GOLD SHIPMENT. STORES AND FACTORIES BEGAN TO CLOSE AND THE PANIC AND ENSUING CRASH SPREAD THROUGHOUT THE NORTHEASTERN UNITED STATES AND TO EUROPE. THE FINANCIAL CRISES SHOOK PUBLIC CONFIDENCE IN THE ECONOMY AND SHARPLY CONTRASTED THE DIFFERENCES BETWEEN NORTHERN STATES AND SLAVE-OWNING SOUTHERN STATES AND HASTENED THE STEPS TOWARDS THE AMERICAN CIVIL WAR.
    THE SHIP WAS LOCATED AND RECOVERED IN 1987, IN 8,500 FEET OF WATER, BY THE
    COLUMBUS-AMERICA DISCOVERY GROUP OF OHIO
    AND AFTER A DECADE LONG LEGAL BATTLE WITH 39 INSURANCE COMPANIES THAT HAD LAID CLAIM TO THE GOLD, 92% WAS AWARDED TO THE SALVAGE TEAM.
    LIFE MAGAZINE
    CALLED THE FIND, "THE GREATEST TREASURE EVER FOUND" AND "ONE OF THE MOST IMPORTANT NUMISMATIC TREASURE FINDS IN HISTORY".