- Posted: May 25, 2023Categories: Rare US Coins, Rare Silver Coins, Shipwreck Coins, Silver BullionRead more »
The story of Pascual Esquerra's tragic tale of an ill-fated journey on the SS Central America is a remarkable one. Pascual Esquerra was an impressive Chilean and Spanish businessman whose life took an unexpected turn amidst the tempestuous seas. Esquerra's path led him to become a vital component of the unlucky SS Central America. Consequently, despite being born privileged in the picturesque villages of Valparaiso, Chile, huge misfortunes can occur to anyone.
Majestic ship was pushed to its limits
On that fateful day of 9 September 1857, the SS Central America found itself entangled in the relentless grip of a Category 2 hurricane. In short, it was stuck off the coast of the Carolinas in an enormous storm. Buffeted by ferocious 105 mph winds and at the mercy of the treacherous seas. As a result, the once majestic ship was pushed to its limits.
- Posted: March 16, 2023Read more »
Starting to collect coins can be challenging when examining various rare coins. Whether you're interested in collecting a specific type of coin or not, you can explore a few different options. However, it's advisable to seek advice from a reputable dealer who specializes in all types of rare coins, such as Austin Rare Coins and Bullions.
Types Of Metals
Minters can use various types of metals to produce coins depending
- Posted: February 11, 2023Read more »
Precious metals are the ideal way to diversify your investment portfolio in 2023. First of all, diversification is an important aspect of investment portfolio management. It helps reduce risk and increases the potential for returns. In 2023, many investors will have considered adding different types of precious metals to their portfolios. Meanwhile, by diversifying, they can potentially enhance investment returns.
Secondly, precious metals, such as gold and silver, have a long history of being used as a store of value. Notably, in times when there is heavy inflation, economic uncertainty, or market volatility. Consequently, precious metals are seen as safe-haven assets because they're not directly tied to the performance of equities. Therefore, they do not necessarily follow other financial markets.
- Posted: February 02, 2023Categories: Rare US Coins, Rare World Coins, Shipwreck CoinsRead more »
Thinking about breaking into the rare coin collectors market? You might want to look at some shipwreck coins that are available. At Austin Rare Coins, we specialize in all kinds of collectible coins including coins recovered from iconic shipwrecks. The amount of shipwreck coins we have in stock fluctuates. If you'd like more information about what we have and what we can get, give us a call.
It can be challenging yet beneficial to recognize market patterns and understand what shipwreck coins to get. With the right knowledge and resources, it’s possible to capitalize on market movements and make an impressive return on your investment. Here are a few tips from Austin Rare Coins & Bullion to help you make smarter decisions that can reward y
- Posted: April 05, 2022Categories: Rare US Coins, Shipwreck CoinsRead more »
Be careful trying to buy coins that are supposed to be from a famous shipwreck. How to identify a shipwreck coin should be left to the experts. It is hard to determine if a coin is a shipwreck coin just by looking at it. How is the average person supposed to know if a coin was hidden in a shipwreck for over a hundreds of years? Even if a coin is actually from a shipwreck it could be in terrible condition and not worth very much. However, those salvaged in good to excellent condition can be worth a lot of money. Especially, if they are a from a rare date and only a few surviving coins actually exist.
Austin Rare Coins & Bullion is one of the premier shipwreck coin dealers in the United States. They know how to identify a shipwreck coin. In fact, they specialize in high-end shipwreck coins dating back to 1845. Above all, they only deal in shipwreck coins certified and authenticated by NGC
- Posted: July 31, 2021Read more »
There is no easy answer regarding who owns the gold from the S.S. Central America. The S.S. Central America, also know as the “Ship of Gold,” sank in a hurricane off the cost of the Carolinas with tons of gold from the San Francisco mint. In addition, there were gold coins, ingots, gold dust, and various bullion coins from the California Gold Rush that went down with the ship. In fact, the enormous loss of gold has been described as the greatest economic catastrophe in all of U.S. maritime history.
I took over a 150 years to find the Ship of Gold sitting at the bottom of the Atlantic Ocean. The ship was located by the Columbus-America Discovery Group of Ohio, led by Tommy Gre
- Posted: May 06, 2021Read more »
Occasionally customers call and ask us, "Can I buy gold ingots?" Many of them are especially interested in gold ingots from the SS Central American Shipwreck. What's interesting is where these gold ingots came from—The California Gold rush. It was a very fascinating time in American History.
This is when massive fortunes were made and lost. Most importantly, gold remained a testament to this exciting time period. Prospectors were frantic to discover it. They took gold nuggets in rocks to gold dust in rivers. This raw gold was turned into gold coins and bars—called ingots.
The gold was first mined in the California Hills and then taken to private refiners or assayers. They would weigh the gold and estimate its purity. Furthermore, it paid the miners for their hard work. The gold was amassed by the refiners, so the assayers could melt and ref
- Posted: April 12, 2018Read more »The SS Central America was also known as the "Ship of Gold." It operated during the 1850's transporting freshly mined gold from the California Gold Rush to New York. She did this twice a month until the largest hurricane of the 19th century struck on September 11, 1857. The ship sank along with 425 souls. Gold Coins from the 1857 Ship of Gold, millions of dollars went into the dark waters of the Atlantic Ocean. The loss of the cargo was so important to the financial market that it caused the Great Financial Panic of 1857.Over 160 years later a few chosen dealers were picked to distribute these amazing golden treasures. Austin Rare Coins is one them honored to sell these shipwreck beauties to the public. Only 3,154 gold coins were recovered from the second salvage of the SS Central