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Weekly Numismatic World News for September 17, 2017

September 18, 2017 in Blogs, Coins, Collecting, Education, Entertainment, Fun, History, News, Numismatica, Numismatics, Opinion, Rare Coins, Treasure, USA Coins, World Coins

By: Scott Barman Coin Collectors Blog (CoinsBlog.ws)

As this is being posted I am packing up after working this past weekend at the DC Big Flea Market and Antique Show in Chantilly, Virginia. Since I have been working in the collectibles business, I have been trying to sell at one show a month with DC Big Flea being the show I work […] Full article at the source>

Source: Coin Collectors Blog (CoinsBlog.ws)

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Hoard of 41 Roman solidi discovered in a Dutch orchard

June 12, 2017 in Ancient Coins, Antique Coins, Archaeology, Coins, Collecting, Education, Gold, Gold Coins, History, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Roman Coins, Treasure, World Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

The Dutch website de Volksrant reports (in a June 2 article by Geertje Dekkers) on the disclosure of a 41-piece gold hoard unearthed in an orchard in Gelderland. Based on certain of the gold solidi—those from the brief rule of Majorian (457–461)—experts believe the coins were buried around 460 AD. At that time, the Netherlands region was in the western part of the Roman Empire, which was in its final days. Lacking its former might, the empire engaged the locals in the far reaches of its territory to defend against invaders; in the case of the Netherlands, the Romans… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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$1 Million of Recently Recovered 1715 Fleet Shipwreck Coins Coming To Market

October 10, 2016 in Ancient Coins, Coins, Coins for sale, Collecting, Collector Sets, Gold, Gold Coins, History, News, NGC (Numismatic Guaranty Corporation ), Numismatica, Numismatics, Precious Metals, Press Releases, Rare Coins, Treasure, World Coins

For immediate release
October 8, 2016

News media contact:
John Albanese, (908) 781-9101

$1 Million of Recently Recovered 1715
Fleet Shipwreck Coins Coming To Market

Close up of the obverse a 1694 - 1713 Charles II type gold 2 escudos struck in Colombia, one of the 1715 Plate Fleet Spanish colonial coins recovered on July 31, 2015, the 300th anniversary of the hurricane that sank all but one ship.<br /> Photo credit: NGC

Close up of the obverse a 1694 – 1713 Charles II type gold 2 escudos struck in Colombia, one of the 1715 Plate Fleet Spanish colonial coins recovered on July 31, 2015, the 300th anniversary of the hurricane that sank all but one ship.
Photo credit: NGC

Sunken Spanish colonial gold treasure coins discovered during 300th anniversary of fleet’s demise to be offered for the first time.

More than 200 sunken treasure gold coins from the legendary Spanish 1715 Plate Fleet, recovered during last year’s 300th anniversary of the Atlantic Ocean hurricane that sank 11 of the fleet’s 12 ships, are now coming into the numismatic marketplace for the first time along with coins found on previous expeditions.  

The discovery of the latest trove by the historic shipwreck recovery company, 1715 Fleet-Queens Jewels, LLC (www.1715treasurefleet.com), occurred on July 31, 2015, exactly 300 years to the day of the fleet’s sinking.  The treasure was found in only 6 feet of water just a hundred feet from the beach in Vero Beach, Florida, and this amazing find generated international headlines.

The coins range in denomination from one escudo to eight escudos.  They were struck in Colombia, Mexico and Peru and are dated in the era between 1692 and 1715 during the reigns of Spanish Kings Charles II and Philip V.  

“These historic treasure fleet gold pieces have been examined, authenticated and graded by Numismatic Guaranty Corporation (www.NGCcoin.com).  All but five are Mint State, and one recovered treasure coin is graded NGC MS 66,” said John Albanese of Bedminster, New Jersey, the dealer who brokered the deal to acquire the never-before offered coins.

Highlights include a 1712 Peru 8 escudos of Philip V, graded NGC MS 64; a 1711 Peru LM  2 escudos of Philip V Peru, NGC MS 66; and a 1699 Colombia 2 escudos of Charles II, NGC MS 64, that was discovered by 1715 Fleet-Queens Jewels inside a recovered bronze cannon.

Blanchard and Company (www.BlanchardGold.com) and Monaco Rare Coins (www.MonacoRareCoins.com) are the primary dealerships that will be selling the coins.

“In addition to the 224 coins discovered in 2015 by 1715 Fleet-Queens Jewels there are 71 shipwreck coins from the 1715 Fleet found during their two earlier underwater expeditions in 2010 and 2013 that now will also be available to collectors for the first time.  There even are coins they discovered inside a ship’s cannon!,” explained Albanese.

“The combined estimated market value of the 295 treasure coins is more than $1 million,” said Albanese.

1715 Fleet-Queens Jewels is a group of Florida based shipwreck salvors who have focused their attention since 2010 on the exploration and recovery of the famous Spanish treasure fleets convoy.

Close up of the reverse of a 1694 - 1713 Charles II type gold 2 escudos struck in Colombia, one of the 1715 Plate Fleet Spanish colonial coins recovered on July 31, 2015, the 300th anniversary of the hurricane that sank all but one ship.<br /> Photo credit: NGC

Close up of the reverse of a 1694 – 1713 Charles II type gold 2 escudos struck in Colombia, one of the 1715 Plate Fleet Spanish colonial coins recovered on July 31, 2015, the 300th anniversary of the hurricane that sank all but one ship.

Photo credit: NGC

“Our goal is to bring the amazing story of the 1715 Plate Fleet to the public.  We hope the recovery of these incredibly rare artifacts will help educate people about Spanish colonization of the New World and life on the high seas in 1715,” stated Brent Brisben, 1715 Fleet-Queens Jewels Co-Founder and Operations Manager

“The discovery of gold and silver coins in sunken cannon in 2010 was an amazing recovery.  For decades, treasure hunters have told tales of treasure hidden inside of cannons, but our recovery was the first time the tale was ever validated. We recovered a 3½ foot bronze rail gun, the first bronze rail/swivel cannon ever recovered from the 1715 Fleet.  We discovered 50 gold and 40 silver coins in the breech of the cannon,” explained Brisben.

Brisben’s great-great-great grandfather, Daniel Beaver, died in another famous shipwreck, the fabled “ship of gold,” the S.S. Central America, that sank off the South Carolina coast in a hurricane in September 1857 while carrying tons of California Gold Rush coins and gold bars to New York City.

NGC has created special insert labels for the 1715 Fleet coins, including a special designation for the coins recovered from the cannon.

“Coinage of the 1715 Fleet offers up rare riches, providing researchers a unique opportunity to study the trade and transport of the day and gives collectors the chance to acquire a high-grade example of a coin from the golden shipwreck treasure of lore. A quantity of uncirculated Spanish gold coins such as this simply does not exist outside of a shipwreck discovery,” stated NGC Chairman Mark Salzberg.

“NGC worked directly with the recovery group to not only preserve the important provenance of these coins, but also the story of their individual recovery. For the first time, specific dive missions and finds are referenced on the NGC certification label,” said Salzberg.

In addition to the NGC encapsulation, each coin will be accompanied by a certificate of authenticity signed by Brisben, along with the original, numbered archeological tag that was used by the expedition crew to denote each item as it was discovered and recovered.  The unique tag number is indicated on the certificate of authenticity for each coin.

The fabled 1715 Fleet convoy of 12 ships loaded with New World treasure set sail from Havana, Cuba to Spain on July 24, 1715.  In the early morning hours of July 31 a fierce hurricane sank all the ships except one off the eastern coast of Florida.  More than a thousand people were killed in the storm and resulting shipwrecks.  

On July 31, 2015, the 300th anniversary of that historic day, 1715 Fleet-Queens Jewels recovered 350 gold coins, including nine extremely rare Royals.  Some of the coins were given by the company to its crew-members and subcontractors as their share of the recoveries, and all the large Royals presentation pieces were privately sold earlier this year to anonymous collectors for an average of $275,000 a piece.

“We have owned the exclusive salvage rights to the 1715 Fleet since 2010. We have never previously sold a single gold coin from our recoveries,” said Brisben.  “The story of the fleet is an amazing tale which really provides the fascination with these coins.”

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Ancient Roman Treasure Found on Irish Beach

June 27, 2015 in Ancient Coins, Archaeology, Blogs, Coins, Collecting, Gold, History, Numismatica, Numismatics, Roman Coins, Silver

By: Nick (Liberty Coin and Currency Blog)

roman treasure ireland 580x360 (1)

It’s officially beach season. So get your swim trunks, towel, sunblock, and… metal detector? Well, the metal detector may not be absolutely necessary, but it’s not a bad idea if you want to find some buried treasure. Irish retiree Brian Murray brought along his metal detector on his trip to the beach, and it paid off big time.

Murray discovered two extravagant Roman gold rings, and a silver belt buckle along the shores of Dundrum Bay in Murlough, an area in Northern Ireland famed for its natural beauty. “I was actually collecting militaria on the shores of Murlough — it was Full article at the source>

Source: Liberty Coin and Currency Blog

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An 1860 Cruise Ship Full of Treasure to be Salvaged

May 31, 2015 in Antique Coins, Blogs, Coins, Education, Gold, Gold Coins, History, Numismatica, Numismatics, Precious Metals, Rare Coins, Treasure, Treasure Hunting, World Coins

By: admin Liberty Coin and Currency Blog

In the fall of 1860, disaster struck the S.S. Connaught on its second voyage ever. On the last-leg of its route from Galway, Ireland to Boston, Massachusetts, the ship sprung a leak. The crew scrambled to stop the leak, and managed to stop it before the ship sank. Just then, a raging fire broke out. […] Full article at the source>

Source: Liberty Coin and Currency Blog

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Polish Forest Ranger Finds 6,000 Silver Coins

May 11, 2015 in Ancient Coins, Antique Coins, Archaeology, Blogs, Coins, Collecting, History, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Silver, Silver Coins, Treasure, Treasure Hunting, World Coins

By: Admin Liberty Coin and Currency Blog

Centuries ago someone in what is now Poland amassed quite a collection of silver coins. For some unknown reason, the owner of this massive hoard of silver coins decided to hide them in two pots deep in the forest. Whoever hid the coins did an exceptional job, because no one found them — until now. […] Full article at the source>

Source: Liberty Coin and Currency Blog

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Thousands of silver coins discovered in condemned St. Cloud house

August 9, 2014 in Antique Coins, Coins, Half Dollars, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, Treasure, USA Coins

Treasure: 60 lbs of silver coins hidden for decades

August 8, 201 By Henry Pierson Curtis, Orlando Sentinel (orlandosentinel.com)

ST. CLOUD — Florida has a long history of buried, lost or sunken treasures.Most involve shipwrecks and gold doubloons or “Pieces of Eight.”

This tale involves a condemned home with a crumbling chimney in a neighborhood once home to Civil War veterans near the shores of East Lake Tohopekaliga.

Full article at the source>

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San Francisco’s Old Mint To Hold Rare Coin Exhibit & Auction For New Museum

May 27, 2014 in Antique Coins, Auctions, Charity, Coins, Coins for sale, Collecting, Events, Gold, Gold Coins, Museums, News, Numismatica, Numismatics, Precious Metals

SAN FRANCISCO (KCBS)— While someone in San Francisco won the $70 million SuperLotto prize this weekend and the mystery tweeter is planting hidden cash about the Bay, one California family is ready to cash in on its own buried treasure.

The Saddle Ridge Hoard has been heralded as the greatest buried treasure discovery in the history of the country. This Tuesday night the first coin from the hoard is set to go up for auction.

One year ago, a Sierra Nevada couple found eight cans in their backyard that were stuffed with 1,400 19th century gold coins. Rare coin expert, David McCarthy with Kagin’s, who specializes in early and rare U.S. coins, has been helping the couple to prepare their treasure trove for auction.

Full article at the source>

San Francisco Museum at the mint: http://www.theoldmint.org/

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First Finders of Famous S.S. Central America Treasure Accuse Odyssey Marine of Trespassing, Ask Federal Marshals to Seize Recovered “Ship of Gold” Items

May 16, 2014 in Antique Coins, Coins, Gold, Gold Bullion, Gold Coins, History, News, Precious Metals, Press Releases, Ship Wrecks, Treasure, Treasure Hunting

For immediate release
May 16, 2014

News media contacts:

Mike Lorz. on behalf of Columbus-America Discovery Group
Office: (614) 443-1877  Cell: (614) 395-3884

Donn Pearlman, on behalf of Columbus-America Discovery Group
Phone: 702-868-5777

First Finders of Famous S.S. Central America Treasure Accuse Odyssey Marine of Trespassing, Ask Federal
Marshals to Seize Recovered “Ship of Gold” Items

(Norfolk, Virginia) — Federal court motions claiming misappropriation and trespass were filed on Thursday, May 15, 2014, against a Florida salvage company by the Ohio-based group that first discovered and recovered Gold Rush-era sunken treasure from the S.S. Central America, the fabled “Ship of Gold” that sank in 1857.

Columbus-America Discovery Group (CADG) claims that Odyssey Marine Exploration, Inc. is in violation of the law.  CADG is asking that U.S. Marshals immediately seize all the treasure recently salvaged by Odyssey from the Central America.  The recovered items currently are in Charleston, South Carolina, according to the court motions.

The S.S. Central America, a 278-foot long sidewheel steamer, was sailing from Panama to New York City with tons of California Gold Rush-era coins and ingots when it sank in a hurricane on September 15, 1857.  There were 447 passengers and 101 crew members; 425 of them died when the ship sank.

In addition to the human tragedy, the loss of the expected gold in New York led to the financial “Panic of 1857” that resulted in the closings of some banks and factories. A 1992 Life Magazine cover story proclaimed the recovered gold, “The greatest treasure ever found.”

During a scientific expedition in 1987, CADG originally located the wreck site in the Atlantic Ocean about 160 nautical miles off the coast of South Carolina and subsequently recovered thousands of gold coins and hundreds of gold ingots.  CADG claims it still has the exclusive rights to that site and any retrieved gold and artifacts.  CADG wants the federal court to reassert the company’s protected rights to any additional treasure found at the site.

The motions filed Thursday with the United States District Court, Eastern District of Virginia in Norfolk, Virginia, ask that federal marshals seize the latest items and any future items recovered by Odyssey and turn them over to CADG.  The items are believed to still be on board the vessel OSV Odyssey Explorer now docked in Charleston, South Carolina, according to CADG’s court filings.

“Columbus-America Discovery Group, which has done several previously impossible feats in the deep ocean and has been sued and challenged continuously for more than 20 years, is still fighting for its right to the deep ocean shipwreck site of the SS Central America,” said Milt Butterworth, CADG President.

“We are asking the court to uphold our permanent injunction, and allow CADG to fulfill its original purpose:  to conduct multi-disciplinary research and develop sophisticated deep-ocean technology, and to locate, explore, and recover the remains of the S.S. Central America.,” Butterworth stated.

One of the court motions states: “On or about April 14th an expedition aboard the OSV ODYSSEY EXPLORER…intruded into the injuncted sea area without the Court’s knowledge and permission….”

The motion also states: “In order to protect its Court awarded rights and its maritime lien interest in any gold or artifacts recovered from the wreck of the S.S. CENTRAL AMERICA, it is imperative that CADG be authorized by the Court to have the U.S. Marshal execute a warrant in rem against these same artifacts….”

CADG claims that Recovery Limited Partnership and its contract-salvor Odyssey Marine Exploration “and any person aiding, abetting and/or assisting the violation of the rights and protections of CADG are interlopers, have engaged in acts of conversion, misappropriation of tangible and intellectual property rights, trespass, violation of CADG’s injunctive, possessor, salvage and other rights, and have violated the permanent injunction.”
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Romanian who discovered largest silver treasury gets EUR 10,000 reward from Govt. before receiving almost half of treasure’s value

September 11, 2013 in Ancient Coins, Antique Coins, Coins, History, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Silver, Silver Coins, Treasure, Treasure Hunting, Turkish Coins, World Coins

By Romania Insider. Sept 11th, 2013 (http://www.romania-insider.com)

The young Romanian who discovered a 54 kilo silver treasure and handed it over to the Museum of History will get a further EUR 200,000 reward, after already receiving around EUR 10,000 from the Romanian Government.

By law, the person who discovers an archeological artifact is entitled to 45 percent of its value.

The 47,000 silver coins discovered by Iulian near Ramnicu Valcea are worth around EUR 0.5 million on the free market.

Enache will get the reward entitled by law after the entire treasure he discovered will be assessed by experts.

The additional reward was given to Enache by Prime Minister Victor Ponta on Wednesday, September 11, in recognition of his efforts and his honesty in handing over the treasure to the museum.

Full article at the source>

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Underwater Explorer Team Seeks More Pirate Treasure Near Sunken Ship

September 9, 2013 in Ancient Coins, Antique Coins, Coins, Gold, Gold Coins, History, News, Numismatica, Numismatics, Precious Metals, Rare Coins, Ship Wrecks, Treasure, Treasure Hunting

By Alexis Shaw via WORLD NEWS (http://abcnews.go.com)

Undersea explorer Barry Clifford is diving back into the water after he and his team uncovered an unexplored trove of buried treasure that he said may lead to the discovery of more than 400,000 gold coins.

Clifford and his team located a sunken pirate ship, Whydah, off the coast of Cape Cod nearly 30 years ago. The Whydah was a slave ship that was captured by notorious pirate captain “Black Sam” Bellamy in February 1717, just two months before it sank on April 26, 1717.

Since discovering the Whydah — the only documented pirate ship — in the 1980s, Clifford and his team have worked to bring thousands of treasures discovered on the ship to the surface, he told ABCNews.com.

“There’s just a tremendous amount of material on board the vessel,” he said.

Full article and video at the source>

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$500M shipwreck treasure given up by U.S. company shown for the first time

November 30, 2012 in Coins, Gold, Gold Coins, Silver, Silver Coins, Spain Coins, Treasure

BY ALAN CLENDENNING ASSOCIATED PRESS (http://www.detroitnews.com) Nov, 30th, 2012

Madrid — Spanish cultural officials allowed the first peep Friday at some of the 16 tons (14.5 metric tons) of shipwreck treasure worth an estimated $500 million that a U.S. salvage company gave up this year after a five-year ownership dispute.

Only a tiny portion of the haul from the Nuestra Senora de las Mercedes, a galleon that sank off Portugal’s Atlantic coast near the straits of Gibraltar in 1804, was shown to the media: 12 individual silver coins, a block of encrusted silver coins stuck together after centuries underwater, two gold tobacco boxes and a bronze pulley.

Authorities, who have been inventorying the treasure since it was flown from Florida to Spain in February, said it will be transferred later this year from Madrid to the National Museum of Underwater Archaeology in the Mediterranean city of Cartagena. Displays are expected to start next year, with some items put on rotating temporary displays at museums across the country.

Though previous estimates have put the value of the treasure at $500 million, Spanish officials said they weren’t trying to determine an amount because the haul is part of the nation’s cultural heritage and can never be sold under Spanish law.

Full Article>

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Kett’s Rebellion: ‘Hidden’ coin hoard declared treasure

November 29, 2012 in British Coins, Coins, Silver, Silver Coins, Treasure, World Coins

29 November 2012 (http://www.bbc.co.uk) BBC News Norfolk

A hoard of coins minted during Henry VIII’s reign and found by a metal detector enthusiast in a Norfolk field may have been buried to keep it safe during Kett’s Rebellion in 1549.

The 14 silver groats, found in a field in Wymondham, were pronounced treasure by coroner William Armstrong in Norwich.

Kett’s Rebellion during the reign of King Edward VI started in Wymondham.

They hoard was found in April 2011 by Steven Clarkson and Mark Turner.

Peasant protest

Objects which could qualify as treasure must be reported to the coroner under the 1996 Treasure Act .

Dr Adrian Marsden, of the British Museum, said in a report to the coroner it is “quite likely they (the coins) were hidden during the Kett uprising in July and August 1549”.

He said the coins “probably represent a small proportion of the hoard originally concealed”.

A valuation committee will decide on the value and compensation to be paid to the finder and landowner.

Full Article>

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Extremely rare 1652 coin found 22-years ago in frozen potato field by woman sells for $430,000

November 23, 2012 in Auctions, Coins, New England Coins, Silver Coins, Treasure, USA Coins

By JAMES NYE (http://www.dailymail.co.uk)

PUBLISHED: 16:36 EST, 23 November 2012

An extremely rare Colonial Massachusetts coin from 1652 that was found by a woman in a potato field 22-years ago has been auctioned for more than $430,000 in Baltimore.

One of only eight New England sixpences known to exist, the 360-year-old coin was expected to sell for $100,000 but was resold for four times that price.

First auctioned for Lillian King, the woman who found it in 1992 by Sotheby’s in Manhattan for $35,200, the coin was minted only 31-years after the original Thanksgiving between pilgrims and native Americans in Plymouth, Massachusetts, in 1621.

New England Sixpence

New England Sixpence

‘We knew it was a very rare coin and we knew it would reach six figures,’ said Lawrence R. Stack, a senior numismatic consultant for Stack’s Bowers Galleries to Newsday.

The lucrative auction took place at the Colonial Coin Collectors Club convention in Baltimore and was put in front of more than 200 bidders.

Sold by John ‘Jack’ Royse, 86, along with 102 other rare coins, the collector put them up for auction because he wanted to ‘see them in the right hands’ before he died.

The buyer has expressed a wish to remain anonymous.

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Lucky Penny Turns Into Silver Coins

November 11, 2012 in Coins, Precious Metals, Roman Coins, Silver, Silver Coins, Treasure, World Coins

7. November 2012 (Precious Metals Refining Blog, http://www.mgsrefining.com)

In the month of May earlier this year, a sizeable silver treasure hoard was found in the UK, thanks in part to a man’s lucky penny.

Scott Heeley set out in a field near Stoke-on-Trent as part of a trip with his metal detector club. Even with an experienced group searching the field, no one had expected to uncover anything astounding that day. Still, the spirits were high. Heeley wasn’t the least bit discouraged after his metal detector went off and he dug up an old penny (a good trait to have for a metal detectorist). He even told his friend “this penny will bring me luck,” and he kept on searching. He just had no idea how right he was.

A few minutes later, Heeley’s metal detector went off again. This time, the results were much better – three silver coins nestled in a small hole. However, the metal detector kept on beeping, so Heeley got to digging. Eventually, the hole opened up and out spilled the hoard. In total, Heeley’s lucky penny brought him 211 silver coins and 69 fragments.

Interestingly, this find was only 30 or so miles from the location of the gigantic Stafordshire treasure hoard.

Full Article>

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