Wednesday 15 August 2012

Although Not A True 'Good Luck' Story,

I thought I would post it,


it was tragically bad luck for many that perished in the SS Central America, known as the Ship of Gold, the ship sank at about 8 p.m. on Saturday, September 12, about 160 miles east of Cape Hatteras, North Carolina, drowning a total of 426 passengers and crew, including Captain William Lewis Herndon,


but a legal dispute that lasted nine years after a host of insurance companies that paid out for the loss 155 years ago claimed ownership, it was ruled that 92 per cent of the bullion should be awarded to the discovery team, led by Tommy Thompson, whose company Columbus-America Discovery Group found the ship, now this Kellog and Humbert ingot from the ship is to be sold at auction, stamped on its base is the bar’s original value of $743.70 along with ‘Kellog and Humbert’, the reverse is a plain casting save for the serial number 648 repeated at the top,



the ingot, which weighs 40oz and is expected to sell for about $140,000, was part of a 10-ton hoard of gold that went down with the SS Central America in 1857, at over 200 times its face value, Paul Song, director of the rare coins department at auctioneers Bonhams, said: 'this is a highly impressive example that sports gleaming yellow-gold colour and few imperfections as made, it is a piece rich with historical appeal that is an indelible link to the great Californian Gold Rush',



also being sold at the same auction are two rare $50 gold coins that were struck in 1915 to celebrate the completion of the Panama Canal, a rare round version of the Panama-Pacific Exposition coin is expected to sell for $80,000 and an octagonal coin attached to a gold chain with a key at one end and corkscrew at the other is tipped to sell for $20,000, the auction takes place at Bonhams in Los Angeles, California, on September 2, as 
I mention before good luck for some but a tragedy for others.

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