From Greysheet.Com July 2, 2018
The “Ship of Gold” is sailing quickly. A total of 2,935 U.S. Mint gold coins retrieved from the latest recovery of sunken treasure from the fabled SS Central America which went to market already have been sold out by the California Gold Marketing Group (CGMG).
“In an incredibly short period of time, the federal issue coins from America’s greatest sunken treasure have been sold to our authorized dealers who are reporting strong sales to the public. With only a few very special exceptions, once the dealers sell their available inventory no other U.S. Mint gold coins will be available from the last expedition to this amazing treasure,” said CGMG Managing Partner, Dwight Manley.
A total of 3,129 federal, private mint and world gold coins were brought up from the SS Central America in 2014. “Of that total, 112 were California fractional gold coins, 103 Territorials and 82 were world coins from a total of ten countries. Most of the remaining 2,832 U.S. federal issue coins all certified by PCGS, have now been sold to our authorized dealers, along with some of the other gold coins,” explained Manley.
“Nothing surprises me any longer when it comes to the treasure of the SS Central America. The emotional response to this amazing discovery simply moves people from all walks of life,” said Adam Crum, Vice President of Monaco Rare Coins. Crum also emphasized, “The speed in which the coins from the 2014 recovery have sold is remarkable. If a collector, historian or investor is looking for lasting value which appeals to a broad base of buyers, then they need to act fast. The best of the coins are selling quickly and will be difficult to locate in the years ahead as they find their way into collections, estates and vaults to be hidden away for generations.”
Each of these recently PCGS certified coins sold by CGMG are encapsulated in specially-produced and labeled holders that contain a pinch of recovered SS Central America gold dust in a separate compartment.
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