How to identify a shipwreck coin

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 or PCGS. These two top coin grading corporations are the best known and trusted in the business. 

The S.S. Central America

Usually, premier shipwreck gold and silver that has been salvaged in good and very good condition come from one of the four major U.S. shipwrecks. For example, the S.S. Central America, otherwise known as “The Ship of Gold” sank off the Carolinas in 1857 in a terrible hurricane. It is probably one of the best known shipwrecks due to the amount of treasure found onboard. 133 years after it sank, the S.S. Central America was located by the Columbus-America Discover Group of Ohio. Thanks to the recent advent of underwater robots, items from this famous shipwrecks were brought to the surface and saved. The newest deep sea recovery technology was utilized to bring up and preserve these historic, National Treasures.

Austin Rare Coins was one of the few companies to offer sunken coin treasure from The S.S. Central America. Moreover, they offer the American public a rare opportunity to acquire a rare shipwreck coin from this important piece of California Gold Rush history. Each coin in this exclusive release comes sealed in a specially-designed PCGS holder to protect the intricate details of the coin. In addition, each holder contains a pinch of gold dust recovered from the shipwreck.

Other Shipwreck Coins

Austin Rare Coins feature gold and and silver shipwrecked coins from other shipwrecks as well. Over the past two decades they’ve handled rare coins from the S.S. Brother Jonathan of 1865, the S.S. Republic of 1865, and the S.S. New York of 1845. All of the coins they handle are original, certified shipwreck recovered coins. It is worthy to note, Austin Rare Coins has been involved with every major shipwreck offering since the 1990s.

If you’re interested in learning more about historically significant shipwreck coinage you should request our Shipwreck Collection Report. Importantly, it will help you how to identify a shipwreck coin. That is to say, it is loaded with U.S. shipwreck history, pictures, and descriptions to give you a solid foundation of knowledge and ideas. In conclusion, if you have questions or need assistance on where to start, just give us a call, we’re happy to help. 1-800-928-6468

Rare $20 Double Eagle Gold Coin

People often ask us what a rare $20 Double Eagle Gold Coin is worth. Well, a fashion mogul Stuart Weitzman’s 1933 Double Eagle gold coin sold for $18.9 million at Sotheby’s Auction in New York! It shattered the world auction record. In fact, it nearly doubled the record for the world’s most valuable coin ever sold.

But, why was this rare $20 Double Eagle Gold Coin worth so much? It was because the 1933 edition of the Double Eagle never entered circulation. Consequently, nearly all of them were returned to the US government and melted down. There were only a few of these coins that somehow entered the market. Therefore, the Secret Service in 1944 declared any of them owned by collectors would be prosecuted. Because, they considered these coins stolen.

There are many other less rare $20 Double Eagle Gold Coins. Some range from a few thousand dollars to tens of thousands, and even hundreds of thousands of dollars. What makes one more rare than another are several factors. A few of the them being:

  • Strong Demand For The Coin
  • Collector Appeal
  • Eye Appeal
  • State of Preservation
  • Certification of Grade

Collectors look for the “perfect” coins to own. Above all, they want to acquire the rarest and best quality coins they can comfortably afford.

1857 Double Eagle Gold Coin in Mint State 60 | Eureka Hoard

For example, the Double Eagle Gold Coin in the video below is also a very rare coin. In addition, it is in Mint State 60 condition. It is a 1857 Philly Double Eagle pedigreed from the Eureka Hoard. This beauty contains .9675 oz of pure gold and comes from a low mintage of 439K. More importantly, it is one of a few dozen known in mint condition.

For a little more than 3 times gold melt value—it seems to be an excellent value in today’s market. Incredibly, this is one of only 31 in the grade of Mint State 60. Additionally, just 108 are known finer.

This is a great coin for the money and is actually available for sale. Furthermore, Austin Rare Coins rates this coins “Highly recommended!” People collect coins for many reasons including fun and profit. Certainly, this 1857 $20 Double Eagle Gold is a great coin to add to anyone’s collection.

Hard Money Investor

The Precious Metal Industry’s Leading Publication

If you’re interested in physical precious metals, then you MUST read Hard Money Investor! In addition, our groundbreaking newsletter will offer you:

•  Clear, Concise, and Timely Market Intelligence 
•  Reliable and Straightforward Economic Analysis
•  Insider Information You Won’t Find Anywhere Else

Clients often ask us for timely, up to the minute, news on the economy. Above all they want to know about Precious Metals as we head into the new decade. Great News, we have key insider information to share that can help you make solid decisions about your financial future.

Austin Rare Coins Bullion is please to announce the latest release of our ground breaking Precious Metals Publication: the Hard Money Investor. There are many reasons to read this newsletter. Above all, it will help keep you abreast of concise and to the point news on the economy. Especially, the markets as they pertain to gold, silver, platinum, and palladium.

Inflation & Rising Interest Rates

Our Newest Winter 2022 edition of Hard Money Investor sheds light on the physical precious metals market in the wake of inflation and rising interest rates. We also take look at how this could impact economies across the globe as the new year unfolds. Hard Money Investor is available free to anyone looking to gain an edge on the Precious metals Markets.

Austin Coin Dealer Specializing in Rare Coins, Ancient Coins, Gold, and Silver

Austin Rare Coins & Bullion has done business with tens of thousands of satisfied clients in both buying and selling rare coins and precious metals. If you have questions and would like to talk to one of our Austin Rare Coins Advisor, just give us a call at 1-800-928-6468. Someone will be happy to assist you with all your questions. Remeber to ask about our Hard Money Investor, and how you can get your own free copy!

Three-Dollar Gold Piece

The rarest pre-1933 US gold coin is the Three-Dollar gold piece. To clarify, only 539,792 of them were produced according to the US Mint. The reason there were so few made is because the Three-Dollar gold coins were very unpopular. Basically, the public rejected them when they were introduced in 1854. Therefore, only small mintages of these coins were produced from 1854 to 1889. Similarly, They ended production after just 35 years. This total of just over half a million coins were produced at the US Mint facilities in Philadelphia, New Orleans, San Francisco and Dahlonega combined.

Many of these 3 Dollar coins have been destroyed or lost throughout the years. Trying to find them at any condition can be difficult as very few are in existence today. Take the coin in the video below for example. This $3 princess was struck in New Orleans in 1854. No other $3 coins were issued with the O Mint mark. These coins are definitely rare and desirable in any condition. Only a total of 24,000 of them were struck and only around 1,500 of them have been certified in all grades combined!

3 Dollar Gold Piece Design

The Three-Dollar gold piece was designed by James B. Longacre, and for the first time he had been allowed to choose his own design. In the past, James had always been directed as to what design to use. Longacre decided to create something truly American. He wanted to represent America with a female Native American, or Indian princess, dating back to the 16th century. For example, the image of the Indian princess survived in the popular view of figures such as Pocahontas and Sacagawea. In addition, the US Mint issued the Sacagawea Golden Dollar from 2000 to 2008.

On the reverse of the Three-Dollar gold piece you’ll find a wreath comprised of tobacco, wheat, corn, and cotton. In addition, it encircles the date and the words 3 Dollars. You can find out how to purchase 3 Dollar coins for your own collection at Austin Rare Coins & Bullion!

Coin Collecting Can Be Profitable

Coin collecting is not only a rewarding and enjoyable hobby, but if done properly, coin collecting can also be profitable. In this report and the video below, we will share some of the most important things to keep in mind when coin collecting. This is in order to maximize the rewards of assembling a profitable collection, regardless of your budget.

  • The first thing is to make sure that you’re collecting an area with a solid base of other collectors. You can have the rarest coin in the world, but if nobody else wants it, then it’s unlikely to see much appreciation.
  • Make sure you own coins that are attractive. To clarify, a great looking coins will always catch the eye of a potential buyer.
  • Make sure you acquire and own coins that have been professionally graded. This should be done by a third party grading service like NGC or PCGS—the tops in the business.
  • Try to focus on key dates. Do not try to collect the most common dates for a particular issue. These key dates, or “Stoppers” in a series tend to be harder to find. These are the coins other collectors will need to complete their sets.
  • Most importantly, work with someone you can trust to give you fair prices and solid advice. It helps to work with the same dealer you started with, especially if you want to trade up or if you sell a few of your coins. Remember, if you overpay for something, you are at a disadvantage. It may take a while to recoup the original investment. Above all, coin collecting can be profitable if you collect the right coins!

Coin Collecting is FUN!

Remember, coin collecting isn’t just about profits—Coin Collecting is FUN! Historically significant areas of collecting allows you to own items that have been around for hundreds or thousands of years. You can literally hold history in your hands.

With that said, a collection put together over time with attractive and desirable coins can appreciate over time. Try to invest in coins at reasonable prices and allow for time for it to appreciate. Certain areas of the coin market have proven to be a profitable venture for many of our clients. If you have questions or need to be pointed in the right direction, give Austin Rare Coins a call! Let our decades of experience help you put together your own impressive collection.

Liberty $10 Gold Piece Worth

The Liberty $10 gold piece’s worth is a lot higher than just its face value. The rare coin market has been expanding in the past few years and the price of gold has been going up. The values of those holding onto Liberty $10 gold coins have also gone up. Today, a coin, even if it isn’t a very rare one, can easily be worth a minimum of $821! Importantly, these coins are always popular, well loved, and in demand.

However, if the Liberty $10 Gold Piece is a rarer coin, it can be worth much more. In our opinion, Pre-Civil War New Orleans Mint Eagles are undervalued in the current marketplace. Each coin contains just under a half-ounce of gold. They are fundamentally rare and beautiful pieces of US history and money.

Liberty $10 Gold Piece Design

Gracing the obverse of this stunning coin you’ll find a neoclassical rendition of Lady Liberty. Designed by Christian Gobrecth, Lady Liberty is depicted in profile. She is wearing a crown with the inscription “Liberty,” and has her long hair up, instead of free flowing. Along the outer edge of the coin are thirteen stars that represent the original thirteen US colonies. Christian Gobrecht was the third Chief Engraver of the United States Mint from 1840 until his death in 1844.

Displayed on the reverse side of the Liberty $10 Gold Piece is a traditional Heraldic Eagle. The US national bird is suspended in flight with its wings open at full span. In the eagle’s right talons is an olive branch, and in the left, a bundle of arrows.

The 1851 O $10 Gold Liberty AU 53

The 1851 O $10 Gold Liberty AU 53 is a great coin for the money. There were 263,000 of these coins minted. However, between PCGS and NGC combined, only around 1,600 are certified! This includes ALL grades combined. Only 20 or so of these are in mint condition! Needles to say, this is a tough coin to find in high grades. Graded by NGC in AU53 condition this particular coins shown in the video below, comes with a CAC sticker. In short, this confirms the NGC grade even further.

Liberty $10 Gold Piece Worth differ from coin to coin. Therefore, If you have questions let us help. Our team of Gold, Silver, Rare Coin, and Ancient Coin advisors are here for you! Call us at 1-800-928-6468.

Can I buy gold ingots?

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 refine it. As a result, ingots of different weights and sizes were assembled.

Once the San Francisco Mint opened in 1854, the US finally had a reliable means of minting the raw gold locally. They would turn it into US currency. However, until that time, assayers and refiners were the only game in town. One of these refiners, Kellogg and Humbert, was very prominent in the mining community. 

Coins from Kellogg and Humbert still survive to this day. They also made ingots, but for the longest time none were ever found. This all changed when the SS Central America was recovered around the year 2000. There was finally proof that gold ingot bars made by Kellogg and Humbert existed. The question, “Can I buy gold ingots?”, could finally be answered.

The SS Central America

The SS Central America was a steamship that set sail from California headed for the East Coast. It was loaded with thousands of freshly minted gold coins. It also had large amounts of raw gold and gold bars. Unexpectedly, it hit a hurricane in September of 1857. The storm caused it to sink to the bottom of the Atlantic Ocean. There it would remain hidden with its treasures for nearly 145 years.

When it was finally found researchers were excited to find hundreds of never before seen gold ingots. Below there is a video of one of them that recently sold. It is from the prominent California Assayers Kellogg and Humbert. Their name is carved on the side of the gold bar. Along with the assayer name there is an item number (No. 984). There is also the weight (13.06 oz.). The purity (.891 fine), and the dollar value at the time ($240.54).

So, when someone ask us, “Can I buy gold ingots?” We can honestly say yes. One was just sold to a private Houston collector who dreamt of owning a gold rush ingot his entire life. We were more than happy to find it for him. 

If you’re looking for an authentic Gold Rush treasure call us at 1-800-928-6468. Let our team find exactly what you’re looking for. Austin Rare Coins & Bullion handles premier Shipwreck Gold & Silver Coins recovered from the four most famous shipwrecks in numismatic history. We have made many people’s dreams of owning a piece of history come true. Let us make your dreams come true as well.

What is the value of a 1882 Carson City Silver Dollar?

The most collected series of coins ever produced by the United States Mint is the Morgan Silver Dollar. A Carson City Silver Dollar produced in Carson City, Nevada is the most cherished and sought-after of all. Furthermore, CC Morgans are the most popular and desired silver coins ever produced by the United States.

No other coin embodies the history and allure of the American Wild West better than a Carson City Morgan Dollar. Especially, those produced in Carson City from the silver mined at the Comstock Lode. Holding one in your hands instills mystique and adventure of the 49er gold rush days.

Prices of CC Morgans have held strong. Most importantly, when other coins have fallen in value. This is because of their historical importance. In addition, these coins have a large base of collectors. Those who focus on Morgan Dollars minted in Carson City, Nevada. Investors and collectors have discovered owning them offers downside protection.

1882 Carson City Silver Dollar in Mint State 65PL

In our inventory you will find an 1882 Carson City silver dollar. This coin has been graded in mint state 65 and is in gem quality condition. It has also received the PL designation from the grading service PGCS. The PL refers to a proof like quality which occurs when a coin’s field is highly mirrored. In addition, it gives contrast to the frosty relief areas.

13 different Carson City Morgan silver dollars, ranging from 1878 through 1893, have been issued. One entire 13 coin acquisition of less than average grades could be purchased for less than $5,000. However, a collection that exists in above average conditions could sell for over six figures. This allows coin collectors in all different investment categories to get involved collecting them.

If you like to hear about other Carson City coins or be kept on our preferred Carson City collectors list give us a call.

Did the Emancipation Proclamation free any slaves?

Are you curious? Did the Emancipation Proclamation free any slaves? The correct answer would be that it “did not free all slaves in the United States. Rather, it declared free only those slaves living in states not under Union control.”

This beauty was struck nearly 150 years ago, but looks like it was struck only yesterday! The 1871 Bronze Emancipation Proclamation Medal made because of this monumental occasion is simply stunning. Unbelievable, that the US mint made it to commemorate Lincoln.

An Emancipation Proclamation medal rarely seen for sale!

This medal is a great buy with a quality second to none and the overall coloration very attractive. This is the Only Emancipation Proclamation medal available at Austin Rare Coins and very few of these even exist. We have never even seen one, particularly in such a high grade.

Superb value for the money, and only one available. Call to find out more about this US Rare Coin gem, because our Austin Coin Dealer are there to help unlike other Coin Dealers. When you ask, Did the Emancipation Proclamation free any slaves? Someone at Austin Rare Coins can help you with the answer. Even if you have other questions about coins you are thinking about call us at 1-800-928-6468!

Six Major Categories of US Coins

Here are some US coins most commonly used for investing and collecting. We’ve put them into six key areas that are popular among US Coin Collectors:

US Gold Coins: Coins minted before 1933, including
Pre-Civil War and Civil War Era Gold Coins.

19th Century & Earlier Type Coins: This would include coins minted from the late 1700’s through 1899.

Silver Dollars: Morgan Silver Dollars from 1878-1921, Peace Silver Dollars issued from 1921 to 1934.

Commemoratives: Coins specifically struck in low mintages to commemorate historic events.

20th Century Type Coins: Before 1965, including Silver Dimes, Quarters, Nickels, and pennies.

Current Issues: all circulating coins you can get at any local bank would be current issues.

Welcome to our new Rare Coins BLOG

You’ve come to the right place to learn all about rare coins. We want to Welcome to our new Rare Coins Blog.

Since 1989 Austin Rare Coins & Bullion has been an industry leader in precious metals and rare coins. We have rare coins from all around the world. This blog is designed to highlight and discuss our most interesting and unique inventory highlights. For instance, it may be a 2,000 year-old Roman coin, or a rare issue minted during the Civil War.

On this blog you will find the best we have to offer. We also want to share some fun and useful information. This is so you can understand better the fascinating world of rare coins.

This rare coins blog is an information tool. We hope to assist you in buying and selling Rare Coins. It can be US Rare Coins, World Rare Coins, or even Ancient Rare Coins. Just let us know how we can help. Whether you’ve just started collecting Rare Coins, or you’re a rare coins bug, this blog will have ideas for everyone.

Strong Demand For Coins

Today, there’s a strong demand for coins and growing base of coin collectors in the United States. In fact, coin collectors growing all around the world. In the 1980’s, coin dealers estimated the number of US coin collectors at 5 to 10 million.  “Ian Russell of Great Collections estimated there are 10 million coin collectors in the U.S.” Moreover, he declared it on the Larry King Show.

The global coin collecting (numismatics) market is valued at approximately $17.59 billion in revenue annually.” This industry is growing all around the world. In addition, many starting coin collectors are discovering the joys of collecting all types of coins. From Silver Dollars to Pre-1993 dated US Gold Coins. In addition, the massive shift of wealth to Far East nations has also brought many new coin collectors. They are coming from Japan, China, Asia, and the rest of the world.

In conclusion, welcome to our new rare coins blog. If you have questions call us at 1-800-928-6468. Speak with one of our knowledgeable coin dealers.