California Gold Rush Gold Dust Housed in Elegant PCGS Holders
Historic sunken gold treasure locked in a time capsule for more than 160 years has been certified by PCGS in grand holders containing 5 ounces of California Gold Rush gold. All the nuggets and gold dust were recovered from the fabled “Ship of Gold” – the SS Central America that sank in a horrific hurricane in September 1857.
Only 88 hand-numbered five-ounce holders have been produced, and each certified insert in the 5½ by 9 inches special holder has been personally signed by Q. David Bowers, the greatest living numismatist author of two books about the Gold Rush and the SS Central America. Additionally, Bob Evans also signed each insert, the chief scientist on all the successful Ship of Gold sunken treasure recovery missions in 2014 and the late 1980s.
“This gold dust represents the true sweat and blood of the pioneers who dug for gold ore in California and carefully extracted the gold flakes and dust from the dirt, sand, and gravel of riverbeds. Now encapsulated in 2019 in elegant, custom holders, the unbroken chain of custody since 1857 ensures the legacy of this SS Central America treasure pedigree will last forever,” stated Dwight Manley, managing partner of the California Gold Marketing Group.
“The gold dust represents the first part of the amazing journey because the California Gold Rush began in the streams where prospectors camped at night in tents and during the day searched for nuggets and gold dust. After hauling their discoveries to San Francisco on horseback or horse-drawn wagons, assayers and private minters then turned their bounty into coins or ingots. This recovered gold dust, though, was still sealed in the miners’ original pokes–the satchels and pouches made of buckskin, canvas or leather–and remained untouched for a century and a half,” explained Manley.
“Each five ounces of gold dust in these holders would equal five $20 denomination Double Eagle gold coins or ten $10 Eagles,” he explained. Over 7,000 $20 gold coins and $10 gold coins were recovered from the site of the sunken ship. Those coins sell from ranges of $7,500 to one recently selling at auction for $282,000.
Gold dust was an important part of daily commerce during the early years of the California Gold Rush. As Bowers describes in his latest book, America’s Greatest Treasure Ship: The S.S. Central America – the Second Treasure-Finding Journey (2019), there were not enough coins in circulation to meet the needs of the tens of thousands of new fortune seekers coming to San Francisco.
“Trade was conducted in gold dust, sometimes by the ‘pinch.’ Although pure gold was worth $20.67 an ounce at the distant Mint in Philadelphia, gold taken from the stream beds and hills of California contained silver as a natural ‘impurity’ and other substances and was never completely pure. Gold of fairly good quality traded in commerce in San Francisco at $16 an ounce,” Bowers wrote.
The miners’ pokes containing the now encapsulated gold dust were found at the site of the Central America inside the purser’s safe that was recovered from the last expedition to the legendary ship.
A 280-foot long, three-masted side-wheel steamship, the Central America was carrying tons of California gold that was being transported from San Francisco to New York when she sank more than 7,000 feet below the surface of the Atlantic Ocean off the North Carolina coast. The legendary ship went down in a September 1857 hurricane during a voyage from Aspinwall (now Colón), Panama to New York City.
Now for the first time, collectors can acquire the five ounces of encapsulated while supplies last. There will only ever be 88 of these heirlooms available and once they are sold, you will be hard-pressed to ever even see one again.
Call now and reserve one of these important pieces of California and American history. They won’t last long. Call today at 1-888-900-9948 .