Auctions

Jewelry Recovered from Sunken ‘Ship of Gold’ Heads to Auction

AuctionsNov 22, 2022

Jewelry Recovered from Sunken ‘Ship of Gold’ Heads to Auction

The S.S. Central America sank in 1857 off the coast of South Carolina, carrying tons of gold from the California Gold Rush.

20221122_SS-CentralAmerica-header.jpg
A size 8.5 signet ring engraved with initials “SS” may have been owned by San Francisco jeweler Samuel Shreve, who was a passenger on the S.S. Central America when the ship sank in 1857 on a voyage to New York. (Photo credit: Holabird Western Americana Collections)
Reno, Nevada—Jewelry on board a ship that sank off the U.S. coast in the mid-1800s will be available to the public for the first time when it goes up for auction next month. 

The S.S. Central America, or the “Ship of Gold,” sank off the coast of South Carolina in 1857 during a hurricane while traveling from Panama to New York City.

In addition to costing the lives of more than 400 of its passengers, tons of gold bars and coins from the California Gold Rush valued in the millions also went down with the ship. The gold onboard was meant to help banks manage the financial panic that had just started, but its sinking instead exacerbated the crisis.

Insurance claims for the loss were paid in 1850s.

Recovery from the shipwreck occurred in stages: between 1988-1991 and then again in 2014.

The company that discovered and retrieved the sunken treasures settled with insurers and their successors in 1992. With court approval, California Gold Marketing Group acquired clear title to all the artifacts that had been recovered from the ship.

Now, gold jewelry, vintage clothing, and other historic items recovered from the site will be offered at auction on Dec. 3, years after many of them were retrieved from the bottom of the Atlantic Ocean.

“Much of the gold jewelry was part of a commercial shipment, either carried by one of the jewelers on board or by a separate shipment transported on the voyage going to New York. Gold nugget stickpins were found still attached to their original thick paper boards, ready for resale on the New York or eastern seaboard jewelry market,” said Fred Holabird, president of Holabird Western Americana Collections, which will conduct the auction.

Lots include dozens of 1850s gold rings, stickpins, cufflinks, a gold belt buckle, and several pocket watch cases and covers.

Notable highlights include a rare medal/badge presented by the Order of Saint Maurice and Saint Lazarus, the world’s second oldest order of knighthood. Bestowed by the House of Savoy in Italy, the medal features a white enamel cross representing the Order of Saint Maurice and a green enamel Maltese cross of the Order of Saint Lazarus.

It was retrieved from the bottom of the ocean in 1991 and kept in secure storage for decades.

See: More Pieces in the Upcoming Auction 

There is also a ring engraved with initials “SS” that may have belonged to San Francisco jeweler Samuel Shreve, a passenger on the ship when it sank, rings with heart shapes that would’ve eventually been engraved with lovers’ initials, and California gold-in-quartz items like cufflinks and brooches.

Meanwhile, other interesting items include the oldest known Gold Rush-era heavy duty work pant jeans with a button fly, which may have been made by or for Levi Strauss in his early years of business.

There are also S.S. Central America bottles, tableware, dining utensils, the purser’s keys to the gold treasure room, passenger luggage tags and ticket receipts, hardware from the ship, a navigational octant, and daguerreotype photographs.

“Many collectors have been waiting for these extraordinary items to come on the market since the legendary S.S. Central America was located in 1988 and Life magazine proclaimed it America’s greatest treasure ever found,” said Holabird.

The auction will be held at the Reno-Sparks Convention Center in Nevada and online on the Holabird Western Americana Collections website on Saturday, Dec. 3.

A second auction featuring hundreds of additional artifacts from the shipwreck will be held in February.

In anticipation of the auction, Holabird has created a limited edition 280-page catalog with numerous previously unpublished illustrations of the recovery of the S.S. Central America, some of which are reproduced in 3-D as shot during the discovery missions with a remote-controlled submersible nicknamed “Nemo.”

Copies of the catalog are available for $100 while supplies last.

Auction lots can also be viewed online.

For more information about the auctions or to buy a printed catalog, visit the Holabird website or contact the company at 775-851-1859 or info@holabirdamericana.com

 Related stories will be right here …

The Latest

Rolex Miami store
WatchesDec 10, 2025
There’s A New Rolex Boutique in Miami

The new location in the Design District pays homage to Miami’s Art Deco heritage and its connection to the ocean.

Stock image of consumers shopping in the winter
SurveysDec 10, 2025
Consumer Confidence Drops in November

Inflations, tariffs, and politics—including the government shutdown—were among consumers’ top concerns last month.

National Association of Jewelry Appraisers logo
SourcingDec 10, 2025
NAJA Announces Details for 2026 ‘Ace It’ Winter Conference

“Longtime favorite” presenters, as well as first-time speakers, will lead talks and workshops at the annual event in Tucson next year.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Silas Smith and his Responsible Design Challenge Winning Pendant
Events & AwardsDec 10, 2025
MJSA Names 2025 Responsible Design Challenge Winner

Silas Smith of Meridian Metalworks won the challenge with his pendant that blends Australian and American landscapes.

Weekly QuizDec 04, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
National Jeweler columnist and Smart Age Solutions CEO Emmanuel Raheb
ColumnistsDec 09, 2025
Holiday Sales Happen in December, Most Decisions Don’t

Most customers who walk into your store this month have made up their minds. Your job is to validate their choice, Emmanuel Raheb writes.

Guzema Once Upon a Time Collection Campaign
TrendsDec 09, 2025
‘Once Upon a Time,’ Guzema Debuted Its Holiday Collection

The collection features characters and motifs from Ukrainian folklore, including an enchanted mirror and a magic egg.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Gemvision by Stuller MatrixGold 3.11
TechnologyDec 09, 2025
Gemvision Releases Updated MatrixGold

MatrixGold 3.11, the newest version of the jewelry design program, offers more flexibility, precision, and creative control.

Sign at the JA New York jewelry trade show
Events & AwardsDec 09, 2025
MJSA Showcase Pavilion Returning to JA New York

The pavilion will be part of the 2026 JA New York Spring show, scheduled for March 15 to 17.

Juell Kadet, former executive vice president of Rogers & Hollands
MajorsDec 08, 2025
Juell Kadet, a ‘Lifelong Pillar’ of Rogers & Hollands, Dies at 96

Kadet, a 1994 National Jeweler Retailer Hall of Fame inductee, helped grow the family-owned retailer in the Chicago area and beyond.

Lumia 2 smart earrings
TechnologyDec 08, 2025
You’ve Heard of Smart Watches and Rings; Meet Smart Earrings

Billed as the world’s smallest wearable, Lumia Health’s new smart earrings have a health tracker subtly embedded in the back.

Lionheart Wildflower Double Cocktail Ring
TrendsDec 08, 2025
Amanda’s Style File: Celebrating December’s Birthstones

Don’t let those with December birthdays feel blue. Help them celebrate their month with blue zircon, turquoise, and tanzanite.

Robinson Pelham Tsar Star Earrings in Blaze
CollectionsDec 05, 2025
Piece of the Week: Robinson Pelham’s ‘Tsar Star’ Earrings

The new pink sapphire version of the piece dances with its wearer in the brand’s “Icons After Dark” holiday campaign.

Pantone 11-4201 Cloud Dancer
TrendsDec 05, 2025
Pantone’s Color of the Year for 2026 Is … White

A choice that’s generated a lot of commentary, Pantone says “Cloud Dancer” marks a fresh start and encourages relaxation and creativity.

Stuller holiday 2025
MajorsDec 05, 2025
Stuller Releases ‘Wrapped in Wonder’ Campaign

The manufacturer’s holiday campaign features a gift guide filled with trending designs and jewelry that can be personalized.

Fabergé x 007 Octopussy egg and pendant
CrimeDec 04, 2025
Man Arrested After Allegedly Swallowing Fabergé Egg Pendant

The man was charged with theft, accused of ingesting the necklace while in a jewelry store in Auckland, New Zealand.

Exterior of renovated and expanded J.R. Dunn Jewelers
IndependentsDec 04, 2025
Step Inside JR Dunn Jewelers’ Giant New Store

The Florida independent expanded its store from 8,000 to 14,000 square feet, fulfilling the vision of its late co-founder, Jim Dunn.

DD-Email-Image-1872x1052 (1).jpg
Supplier BulletinDec 04, 2025
Introducing Shop Natural Day: A New Movement Celebrating Natural Diamonds

Sponsored by De Beers Group

G-Shock DWN5600 Ring
WatchesDec 04, 2025
Casio Shrinks its G-Shock Watch

The classic 5600 series G-Shock has been scaled down to about a tenth of its size, becoming a fully functioning watch ring.

Accredited Gemologists Association logo
Events & AwardsDec 04, 2025
AGA Announces 2026 Tucson Speaker Lineup

The association’s annual conference and gala will take place Feb. 4, 2026, during the Tucson gem shows.

 CBG logo
Events & AwardsDec 04, 2025
CBG Announces Speaker Lineup for 2026 Miami Event

The January show will include a workshop for jewelry retailers on implementing AI to strengthen their businesses.

Miley Cyrus and Maxx Morando Engagement Ring
TrendsDec 03, 2025
Miley Cyrus Debuts Edgy Engagement Ring

Fellow musician Maxx Morando proposed to the star with a chunky, cushion-cut diamond ring designed by Jacquie Aiche.

Costco store
Policies & IssuesDec 03, 2025
Costco Joins Growing Wave of Retailers Suing for Tariff Refunds

The retailer, which sells billions in fine jewelry and watches, is suing the Trump administration and U.S. Customs and Border Patrol.

Shoppers in a mall
SurveysDec 03, 2025
A Record 202.9M Shoppers Turned Out Thanksgiving Weekend

Black Friday is still the most popular shopping day over the five-day holiday weekend, as per the National Retail Federation’s survey.

Faberge The Winter Egg
AuctionsDec 03, 2025
Fabergé’s 'The Winter Egg' Achieves Record $30M

The historic egg, crafted for Russia's ruling family prior to the revolution, was the star of Christie’s recent auction of works by Fabergé.

Vera Wang Love lab grown diamond engagement ring
FinancialsDec 02, 2025
Signet Jewelers’ Q3 Sales Up Amid Continued Focus on Lower Price Points

The retailer offered more fashion jewelry priced under $1,000, including lab-grown diamond and men’s jewelry.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy