2009 GOLD OF 1852 CALIFORNIA AUGUSTUS HUMBERT SLUG NGC GEM PROOF ULTRA CAMEO 1OZ

Description

ONE-OUNCE TERRITORIAL GOLD HUMBERT COMMEMORATIVE CALIFORNIA GOLD RUSH
STRUCK WITH AN EIGHT-TON PRESS AND VINTAGE COIN-MAKING TOOLS IN SAN FRANCISCO AND MADE FROM AUTHENTIC GOLD INGOTS RECOVERED FROM THE SALVAGED FABLED
"SHIP OF GOLD"
S.S. CENTRAL AMERICA
TREASURE SHIP
MINTED IN 2009 BY THE CALIFORNIA HISTORICAL SOCIETY AND THE CALIFORNIA GOLD MARKETING GROUP, NEWPORT BEACH, CA
OCTAGONAL SHAPED INGOT CERTIFIED BY NGC GEM PROOF ULTRA CAMEO
OBV:
WITHIN CIRCLE AMERICAN BALD EAGLE ON ROCK WITH BANNER IN BEAK AND CLUTCHING AND SHIELD, BANNER WITH FINENESS ABOVE; INNER LEGEND "UNITED STATES OF AMERICA." PURE CAL. GOLD."
REV:
SPIROGRAPHIC DESIGN; RECTANGULAR TABLET WITH LEGEND CENTER "HUMBERT GOLD INGOT COMMEMORATIVE 2008 PURE CALIFORNIA GOLD 1 OUNCE TROY 999.9 FINE".
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
CENTRAL AMERICA
HAD CARRIED OVER ONE-THIRD OF ALL THE GOLD FOUND IN THE
CALIFORNIA GOLD RUSH
(OVER 150 MILLION DOLLARS WORTH), INCLUDING GOLD INGOTS AND OVER FIVE-THOUSAND GOLD DOUBLE EAGLES THAT HAD BEEN MINTED AT THE
SAN FRANCISCO MINT
.
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".
THIS PIECE IS BASED ON AN ORIGINAL, RARE FIFTY DOLLAR 1852 GOLD SLUG BY KELLOGG & COMPANY MINTERS & ASSAYERS, MONTGOMERY STREET, SAN FRANCISCO.
THESE COMMEMORATIVES WERE MADE FROM LARGE GOLD INGOTS MADE BY KELLOGG & HUMBERT IN 1857.
A GRAND OPPORTUNITY TO THE NUMISMATIC COLLECTOR TO ADD A GEM PROOF ULTRA CAMEO COMMEMORATIVE MADE FROM GENUINE GOLD FROM THE GREATEST TREASURE SHIP IN THE HISTORY OF THE UNITED STATES.
COMMEMORATIVE CONTAINS 1 OUNCE OF 999.9 PURE GOLD (1.0 OZ AGW)
29 MM FROM SIDE TO SIDE, 31 MM FROM CORNER TO CORNER
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