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

Stock image of a man’s hands in handcuffs
CrimeMay 08, 2025
Former NYC Jewelry Store Employee Arrested in 2017 Choking Death of Boss

Michel Desalles allegedly murdered Omid Gholian inside World of Gold N Diamond using zip ties and then fled the country.

2025 Met Gala jewelry
EditorsMay 08, 2025
5 ‘Superfine’ Met Gala Jewelry Moments

Associate Editor Lauren McLemore shares her favorite looks from a night of style inspired by Black dandyism.

instappraise-1.png
Supplier BulletinMay 08, 2025
Instappraise Introduces Game-Changing Trifold Appraisal Format

Sponsored by Instappraise

antique_Vegas_2024_by_headshot_stories_9454.jpg
Brought to you by
Las Vegas Antique Jewelry & Watch Show: Showcasing the Most Collectible Merchandise from Across the Globe

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

Brilliant Earth three stone Sabine diamond engagement ring
FinancialsMay 08, 2025
Brilliant Earth Notes an Uptick in Engagement Ring Sales in Q1

CEO Beth Gerstein discussed the company’s bridal bestsellers, the potential impact of tariffs, and the rising price of gold.

Weekly QuizMay 08, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Exterior of Margot McKinney Beverly Hills Location
IndependentsMay 08, 2025
Margot McKinney Lands in the U.S. With New Boutique

The brand’s first independent location outside of Australia has opened in Beverly Hills, California.

Cathy Marsh
IndependentsMay 08, 2025
Verragio Announces New Regional Sales Manager

Cathy Marsh will lead the jewelry company’s efforts in the upper Midwest and western United States.

Supplier Spotlight -Recorded-Webinar.png
Brought to you by
Watch: The Winston Red: GIA Examines the Smithsonian’s Newest Addition

Supplier Spotlight Sponsored by GIA

Pandora gold and silver charm bracelet
FinancialsMay 07, 2025
Pandora Posts Strong Q1, Plans for Tariffs

The company has multiple strategies for dealing with tariffs, though its CEO said moving manufacturing to the U.S. is not one of them.

Headshot of Smart Age Solutions CEO Emmanuel Raheb
ColumnistsMay 07, 2025
The Smart Lab: Building a Seasonal Marketing Strategy for Mother’s Day and Beyond

Connecting with your customers throughout the year is key to a successful holiday marketing push.

Gemfields rough emeralds
SourcingMay 07, 2025
Gemfields Says Emerald Sales Improved in Latest Auction

Its commercial-quality emerald sale held last month totaled more than $16 million, up from about $11 million in September 2024.

Logo for “In the Loupe,” Punchmark’s podcast
TechnologyMay 07, 2025
Punchmark’s Latest Podcast Features a Very Special Guest

National Jeweler Editor-in-Chief Michelle Graff joined Michael Burpoe to talk tariffs, consumer confidence, and the sky-high price of gold.

Jewelers of America 20 Under 40 for 2025
Events & AwardsMay 06, 2025
Here’s Who Made Jewelers of America’s New ‘20 Under 40’ List

Expanded this year to include suppliers, JA’s 2025 list honors 40 up-and-coming professionals in the jewelry industry.

Sissys Log Cabin Fort Smith Arkansas
IndependentsMay 06, 2025
Sissy's Log Cabin Opens New Store

Located in Fort Smith, it’s the Mid-South jeweler’s first store in Northwest Arkansas.

Gunderson’s Jewelers
IndependentsMay 06, 2025
Gunderson’s Jewelers to Be Featured on ‘World’s Greatest’ TV Series

The episode about the family-owned jeweler will premiere May 17.

Zadok Jewelers Austin store
IndependentsMay 05, 2025
Zadok Jewelers Opens Store in Austin

The Houston-based jeweler’s new 11,000-square-foot showroom will include a Rolex boutique.

David DeCook Crater of Diamonds State Park 3.81-carat brown Duke Diamond
SourcingMay 05, 2025
Crater of Diamonds Yields 4-Carat Brown Diamond

“The Duke Diamond” is the largest diamond registered at the Arkansas park so far this year.

Kraft Mac & Cheese x Ring Concierge Forever Macaroni Necklace
TrendsMay 02, 2025
Ring Concierge, Kraft Partner on Mother’s Day Macaroni Necklace

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Angely Martinez emerald Promise ring
CollectionsMay 02, 2025
Piece of the Week: Angely Martinez’s Emerald Promise Ring

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

Stuller 2025-2026 bridal catalog
MajorsMay 02, 2025
Stuller’s New Bridal Catalog Is Here

“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.

Americut Gems
SourcingMay 01, 2025
Tariffs & Colored Gemstones: Relying on Stock, Considering the Ripple Effect

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Exterior of new David Yurman store in the Miami Design District
MajorsMay 01, 2025
Peek Inside David Yurman’s New Miami Flagship Store

Located in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.

Oscar Heyman emerald and diamond necklace
TrendsMay 01, 2025
Amanda’s Style File: 20 Pieces of Emerald Jewelry for May

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.

Jewelers of America logo
MajorsMay 01, 2025
Jewelers of America Opens Applications for 2025 Scholarships

The deadline to apply for the Seymour & Evelyn Holtzman Bench Scholarship is June 12.

Stock image of an empty clothing store
SurveysApr 30, 2025
Consumer Confidence Hits Pandemic-Level Low Amid Tariff Concerns

What’s really worrying U.S. consumers isn’t the present situation; it’s what the economy is going to look like six months from now.

2025 Instore Jewelry Show Graphic
Events & AwardsApr 30, 2025
Instore Show Debuts New Name, Look, and Focus

Now called The Instore Jewelry Show, it will include holiday-focused education, interactive workshops, and a window display contest.

GemWorld GemGuide logo
SourcingApr 30, 2025
GemGuide Has a New Pricing Chart for Colombian Emeralds

It includes pricing for unenhanced Colombian emeralds in the fine to extra fine range.

×

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