Auctions

Jewels from the Sunken ‘Ship of Gold’ Smash Auction Estimates

AuctionsDec 06, 2022

Jewels from the Sunken ‘Ship of Gold’ Smash Auction Estimates

Holabird Western Americana Collections offered hundreds of treasures recovered from the S.S. Central America in its Dec. 3 sale.

2022120622_SS-CentralAmerica-header.jpg
This gold ring featuring a gold-bearing quartz sold for $14,400 (compared with a $1,000 estimate) in Holabird Americana’s recent auction of treasures from the sunken S.S. Central America.
Reno, Nevada—Bidding for the lost treasures of the “Ship of Gold” was strong in one recent auction.  
 
The S.S. Central America sank off the coast of South Carolina during a hurricane in 1857 while traveling from Panama to New York City.
 
In addition to losing 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. 
 
Recovery from the shipwreck occurred in stages: between 1988-1991 and then again in 2014.
 
In a Dec. 3 sale, Holabird Western Americana Collections auctioned off gold jewelry, vintage clothing, and other historic items recovered from the site. 
 
The top jewelry lots smashed their pre-sale estimates.
 
One highlight was a pair of gold watch case covers featuring customized California Gold Rush engravings—one side has a miner leading his pack burro with supplies away from Yerba Buena (the early settlement that became San Francisco) while the other shows the miner heading out of town with San Francisco in the background. 
 
The pair sold for a total of $26,400 (including buyer’s premium), against a $5,000 estimate. 
 
A gold ring with a 10 x 8 mm oval of gold-bearing white quartz went for $14,400, compared with its $1,000 estimate, and a rare medal/badge presented by the Order of Saint Maurice and Saint Lazarus, the world’s second oldest order of knighthood, went for $13,200, compared with a pre-sale estimate of $2,000. 
 
See: Highlights from the S.S. Central America Auction 

There was also a double stickpin featuring two gold nuggets, each of which are soldered to a 1.5-inch stick pin, that are then joined by a four-inch gold curb chain, that sold for $12,000 against an initial estimate of $1,000. 
 
A gold pendant made from a 25 x 22 x 4 mm piece of gold-bearing white quartz mounted in a frame that lets the stone spin on a horizontal axis and featuring an engraving reading “G.F.C. Banks” sold for $11,100 compared to a pre-sale estimate of $2,000. 
 
A dome-shaped pinback with 15 irregularly shaped diamonds—with the largest at center, surrounded by seven slightly smaller diamonds and again by another seven smaller diamonds—in 18-karat gold garnered $8,400 at the sale. 
 
There were also several rings with heart shapes that would’ve eventually been engraved with lovers’ initials that sold for above their estimates. 
 
The auction also featured many other interesting items from the sunken ship. 
 
The top lot of the sale overall was a pair of men’s work pants recovered from a trunk in the ship. According to Holabird, the five-button fly suggests they were an early manufacture of work pants sold by Levi Strauss and appear to be miner’s pants. 
 
They went for $114,000 at the auction, more than doubling their pre-sale estimate. 
 
A ring with three brass keys and a brass key tag engraved with “// S.S. Central America / Purser Hall / S. L. //” recovered from the purser’s safe went for $103,200; and a Wells, Fargo & Co. engraved treasure box lid—the only known piece of an original Wells Fargo gold treasure box from the California Gold Rush of the 1850s, according to Holabird—sold for $99,600. 
 
To see the full results, visit HolabirdAmericana.com.
 
A second auction featuring hundreds of additional artifacts from the shipwreck will be held in February.
 
 Related stories will be right here … 

The Latest

All four models of Citizen’s new Rainell watch
WatchesOct 06, 2025
This Fall, Citizen’s Forecast Calls for Rain

Citizen’s new “Rainell” women’s watch has a raindrop-shaped case and is available with a silver-, gold-, purple-, or green-colored dial.

Amit Pratihari GIA India
GradingOct 06, 2025
GIA India Names Former De Beers Exec as New Managing Director

Amit Pratihari was previously the managing director of De Beers India and Forevermark India.

DCWC 2025 Board of Directors
SourcingOct 06, 2025
SoCal 24 Karat Club Integrates Into Diamond Club West Coast

Members of the Jewelers 24 Karat Club of Southern California will gain access to expanded services, resources, and connections, DCWC said.

ja_fall_2024_by_headshot_stories_6824.jpg
Brought to you by
JA New York Fall Is Right Around the Corner

The upcoming show provides savvy retailers with the opportunity to stock their cases with best sellers in advance of the holiday season.

Selena Gomez and Benny Blanco Wedding, Jacob & Co. Watch
TrendsOct 03, 2025
Selena Gomez, Benny Blanco Tie the Knot Wearing Diamonds, White Metals

Gomez’s jewelry included Tiffany & Co. drop-style earrings while Blanco stacked diamonds from Jacob & Co. on his wrist.

Weekly QuizOct 02, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
HRD Antwerp CEO Paul De Wachter
GradingOct 03, 2025
Grading Lab HRD Antwerp Names New CEO

Diamond industry banking veteran Paul De Wachter will take on the role in January 2026.

Taylor Swift Kallati sapphire ring
TrendsOct 03, 2025
Piece of the Week: Kallati’s Pink Sapphire Ring

Taylor Swift flaunts an Elizabeth Taylor-esque gemstone in promo for her new album, “The Life of a Showgirl.”

gia-edu main image.png
Brought to you by
A Brilliant Future Is Here

Online education from GIA experts.

Boucheron Quatre Sand Collection
CollectionsOct 02, 2025
Boucheron Debuts Cuffs Crafted With 3D-Printed Sand

Its “Quantre Sand” capsule was made using a 3D sand printing technique borrowed from the automotive and aeronautics industries.

Stock image of crime scene tape
CrimeOct 02, 2025
$1M in Jewelry Stolen in Northern California Smash and Grab

Four individuals have been charged in the “takeover-style” robbery of Heller Jewelers last month, and additional charges are expected.

Neil Lane and Boucheron bow tie brooch
MajorsOct 02, 2025
Neil Lane Jewelry Exhibition Coming to Toledo Museum of Art

“Radiance and Reverie” will showcase more than 150 jewels from Lane’s personal collection by Tiffany & Co., Cartier, and more.

Just Jules opal necklace
TrendsOct 02, 2025
Amanda’s Style File: October’s Colorful Show

The month’s birthstones, tourmaline and opal, complement the palette of autumn.

Peter Smith National Jeweler columnist
ColumnistsOct 01, 2025
Peter Smith: Why Vendor Success Starts With Self-Reflection

Smith shares the importance of looking at your company with openness and honesty to identify opportunities you may be missing.

Plah Black Swan Earrings
EditorsOct 01, 2025
Playing Favorites: The Best Jewelry From Vicenzaoro

Associate Editor Natalie Francisco visited Italy to spot jewelry trends at the September Vicenzaoro show and share her top finds.

People shopping in a mall
SurveysOct 01, 2025
Consumer Confidence Hits 5-Month Low in September

Respondents were concerned about job availability and rising prices.

Gemfields rough emeralds
SourcingOct 01, 2025
Gemfields’ H1 Revenue Falls 47%

Its latest interim financials revealed a challenging first half due in part to production troubles at its mines.

Pandora executives Alexander Lacik and Berta de Pablos-Barbier
MajorsSep 30, 2025
Pandora CEO to Retire in 2026, Hand Reins to CMO

Alexander Lacik has led Pandora since 2019. Berta de Pablos-Barbier will succeed him, the first woman to head the company.

Gavel near stacks of books
CrimeSep 30, 2025
2 Suspects Charged in $300K Sleight-of-Hand Jewelry Store Scam

Two men allegedly used counterfeit bills to purchase luxury watches and jewelry from a North Carolina jeweler.

Billie Eilish and Finneas O’Connell John Hardy Lovestruck Collection
CollectionsSep 30, 2025
Billie Eilish, Finneas Partner with John Hardy

The “Lovestruck” collection, designed with the Academy and Grammy award-winning siblings, is the brand’s first lab-grown diamond offering.

Spinelli Kilcollin Market Highland Park
IndependentsSep 30, 2025
Spinelli Kilcollin Announces Residency in Dallas

The brand, celebrating its 15th anniversary, has popped up at Market, a luxury fashion destination in Highland Park Village.

Nina Pugliese Henne Jewelers
IndependentsSep 29, 2025
Nina Pugliese, Longtime Henne Jewelers Employee, Dies at 65

She was remembered as a creative and generous woman of faith, who also had a sweet tooth.

Kwait White and Yellow Gold Diamond Earrings
TrendsSep 29, 2025
Amanda’s Style File: Ear Focus

Move over neck mess, the ear story is the way to make a layering statement today.

Mark Henry Leandra Medine Cohen
IndependentsSep 29, 2025
Mark Henry Jewelry to Debut in Canada

The New York-based brand is set to launch a limited-time offering for the holiday season at Holt Renfrew in Toronto.

Overnight volume 7 bridal catalog
MajorsSep 29, 2025
Overnight Releases New Bridal Catalog

The “Volume 7” bridal catalog features best-selling engagement rings, trending styles, and a new section highlighting anniversary bands.

Hand holding holiday shopping bags
SurveysSep 26, 2025
Online Shopping, Influencers to Drive Holiday Spending, Mastercard Says

Holiday sales growth is expected to slow as consumers grapple with inflation and tariff-related uncertainty.

Austin Shines Jewelry Award
Events & AwardsSep 26, 2025
Winners of Austin Jewelry Design Contest Announced

Jamie Turner Designs is among the winners of the local “Austin Shines” contest, hosted by Eliza Page, a jewelry store in Austin, Texas.

Kwit Square Signet Pinky Ring in Red and Azure
TrendsSep 26, 2025
Piece of the Week: Kwit Jewelry’s Square Signet Pinky Ring

The red and azure colorway is one of many fun enamel pairings offered, bringing whimsy to the classic style of a monogramed signet ring.

×

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