From the category archives:

Shipwreck Coins

Daniel Frank Sedwick, LLC's Treasure Auction #7Daniel Frank Sedwick, LLC is working around the clock to present another big auction with over 2150 lots and a pre-auction estimate of over $1 million. Lots will be online around the first week of March and available for viewing in person at the Baltimore Coin Show March 3-7.

Also lot viewing in person will be available by appointment at our private office in Winter Park, Florida, March 8-April 1 (weekdays only, 9 am to 5 pm).

In great deference to the Sedwick patriarch, for the first time ever we will see selections from the Frank Sedwick study collection of 1715-Fleet gold cobs, including plate coins from past editions of the Practical Book of Cobs and other pieces never seen or offered for sale, coins that the pioneering "Dr. Cobs" kept as the best examples among thousands that passed through ...

Full Article: Daniel Frank Sedwick April Treasure Auction Announcement - CoinNews

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Gold bullion’s price might have swooned more than $50 an ounce during the Feb. 4-6 Long Beach Coin Stamp and Collectibles Expo, but collectors visiting the show were light-headed for another reason.

On display for the first time in six years was the $18 million “Ship of Gold,” which showcased California Gold Rush-era sunken treasure recovered from the shipwreck of the S.S. Central America, which had sunk off ...

Full Article: Gold display attracts Long Beach crowd - Numismatic News

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A Japanese-Turkish research team announced Monday the discovery of a British-minted gold coin and a Japanese silver coin from a Turkish warship that sank 120 years ago off Kushimoto, Wakayama Prefecture.

"Still there should be lots of gold coins" inside the ship Ertugrul, said Tufan Turanli, who heads the underwater archaeological team.

The gold coin, dated 1856, measures 2.2 cm in diameter and  ...

Full Article: Team finds lost U.K., Japan coins - The Japan Times

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Treasure coins popular

by Coin Values on January 25, 2010

in Coin Values, Gold Coins, Shipwreck Coins, U.S. Coins

The discovery of the SS Central America in 1987 with tons of gold coins and ingots made some coins more accessible to collectors and created new objects for collectors to enjoy.

For example, more than 5,200 1857-S Coronet gold $20 double eagles were recovered from the SS Central America, many in Mint State. These coins were conserved by the salvors, graded by  ...

Full Article: Treasure coins popular - Coin Values

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A decade after its first appearance, the precedent-setting "Ship of Gold" display showcasing California Gold Rush-era sunken treasure recovered from the 1857 shipwreck of the SS Central America again will dock in Long Beach, California.Cargo box and coins

The $10 million exhibit will be publicly displayed during the Long Beach Coin, Stamp & Collectibles Expo in the Long Beach Convention Center, 100 S. Pine Ave., February 4 – 6, 2010.

The three-day show also will feature an exhibit of the all-time finest set of early U.S. half dollars in the PCGS Set RegistrySM ...

Full Article: Long Beach Expo Features Popular "Ship of Gold" Display - CoinNews

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When treasure hunter Mel Fisher discovered the wreck of the Nuestra Senora de Atocha off the Florida Keys in 1985, he brought to close a mystery that was nearly 400 years old.

On the Atocha, Fisher recovered $450 million worth of gold, silver and emeralds that had been lost since 1622, when the Spanish galleon was laid to waste by a powerful hurricane. Now some of that legendary booty will call Cape Coral home when it's unveiled at ...

Full Article: Rare coins to be displayed in Cape Coral - CAPE-CORAL-DAILY-BREEZE.COM

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Odyssey Marine Exploration, Inc. (NasdaqCM: OMEX), has received notification from the U.S. District Judge that he has adopted the Magistrate's Report and Recommendation in the "Black Swan" case in favor of Spain. Although the Judge complimented Magistrate Pizzo's Report and Recommendation, he also made it clear that he felt a separate opinion by him would "add only length and neither depth nor clarity (and certainly not finality) to this dispute."

The Judge also stayed the order vacating the arrest warrant and the return of the recovered coins to Spain until the U.S. Court of Appeals for the Eleventh Circuit rules in the case, which serves to keep the coins in Odyssey's possession pending the outcome of the case.

"Judge Merryday's ruling serves to move this case to the appellate court faster, where we feel confident that the legal issues are clearly in our favor. The ruling yesterday does not affect the current operations of Odyssey, and we have not been counting on any revenue from the "Black Swan" in any of our budgets since it was clear that this case would go to appeal no matter which way the judge ruled," said Greg Stemm, Odyssey CEO.

"We are moving ahead with our other current projects – and it is important for people to understand that the vast majority of our shipwreck projects don't have the same potential legal issues that have surfaced in the "Black Swan" case. [click to continue…]

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A.C. Dwyer, an avid coin collector, talked with us recently about the history of U.S. $20 double eagle gold coins, especially those struck during the California Gold Rush. Dwyer discusses the types of double eagles that were minted, the most interesting and rarest varieties, and why he’s so enthralled with coins that have been found at shipwreck sites. Dwyer can be contacted via his website, acdwyer.com.

The double eagle is really a result of the California Gold Rush. Prior to the California Gold Rush, the biggest gold discoveries were relatively small strikes in Georgia and North Carolina. That led to new ...

Full Article: An Interview with U.S. Gold Coin Collector A.C. Dwyer - The Collectors Weekly

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Sedwick Treasure Auction #6Daniel Frank Sedwick, LLC held their 6th overall and 2nd fully live internet auction of numismatic and shipwreck treasures on October 15-16, 2009, realizing a record price of over $1.6 million* in 2082 lots. Featured in the sale were coins and artifacts and printed materials from around the world, including the prestigious collections of Mark Bir, Louis Hudson, Herman Blanton and Thomas Sebring.

"This was by far our best auction, and the feedback from both consignors and bidders has been overwhelmingly Your browser may not support display of this image. positive. We greatly exceeded our goal of $1 million, and over 94% of the lots sold," said Daniel Sedwick, company principal and founder.

"We were honored to present for sale several great collections of coins and artifacts, including a few significant coins that are rarely offered at auction. This is proof that our relatively new and rapidly growing Treasure Auctions are a competitive specialized option for consignors, with an unparalleled level of personalized service from beginning to end for both bidders and consignors alike."

Full Article: Sedwick Treasure Auction Realizes Over $1.6 Million - CoinNews

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Diamond Shipwreck: Shipwreck in the Forbidden Zone

October 5, 2009

History rarely unfolds like a fable. But consider this: A 16th-century Portuguese trading vessel, carrying a fortune in gold and ivory and bound for a famed spice port on the coast of India, is blown far off course by a fierce storm while trying to round the southern tip of Africa. Days later, battered and [...]

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Daniel Frank Sedwick, LLC Announces Treasure Auction #6, Oct. 15-16

September 29, 2009

Specialists in world coins and treasure items Daniel Frank Sedwick, LLC has released their sixth and largest Treasure Auction, available immediately for viewing on their website, www.sedwickcoins.com.
This auction features well over $1 million in coins, ingots, artifacts and books, almost all of it opening at very reasonable levels. Because of the size of the auction [...]

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Divers seek more coins, artifacts from Spanish galleon sunk off Jupiter

July 27, 2009

When Mona Bauer went swimming Sunday, a 90-foot long barge floating on three legs about 400 feet offshore had her a little concerned.
“I don’t know what it is,” said the Jupiter resident, who swims often at the beach just south of the Jupiter Inlet. “It’s out there too far to see any identification. I’m a [...]

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Odyssey Treasure Case Creeps Along

June 21, 2009

The status of Odyssey Marine Exploration’s claim for sunken Spanish treasure worth $500 million is taking almost as long to determine as Homer’s “Odyssey” to fulfill.
“The Odyssey,” written thousands of years ago, traces the 10 years it takes Odysseus to return from the Trojan war. Thus far the litigation concerning the sunken Nuestra Senora de [...]

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Treasure ruling stirs up muddy waters

June 11, 2009

Ocean treasure hunting is going to be less a childhood dream and more of a problem for its practitioners as of last week.
A Florida judge has ruled that the treasure found on what is assumed to be the wreck of the Nuestra Senora de las Mercedes, which the British sunk off of Portugal in 1804, [...]

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Judge: Odyssey Should Give Coin Treasure to Spain

June 9, 2009

Deep seas, adventure, mystery, suspense and a battle over who owns a sunken treasure… they are the trappings of an action-adventure blockbuster that could make hundreds of millions. But this is no movie plot. The treasure is real — possibly worth some $500 million — and a battle over its ownership wages on, but now [...]

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