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Location: Harvest, Alabama
Ships to: US,
Item: 226338936439

Return shipping will be paid by:Seller
All returns accepted:Returns Accepted
Item must be returned within:30 Days
Refund will be given as:Money Back
Denomination:50 Centavos
Circulated/Uncirculated:Uncirculated
Composition:Silver
Year:1856
Country/Region of Manufacture:Chile
Certification:Uncertified

SS Central America Shipwreck Silver! 1856-So Chile Silver 50 Centavos Coin – Certified by GCS! Silver From the Famous SS Central America Shipwreck!! 1856 Chile Silver 50 Centavos! Certified Genuine by GCS. The SS Central America, known as the Ship of Gold, was a 280-foot (85 m) sidewheel steamer that operated between Central America and the East Coast of the United States during the 1850s. She was originally named the SS George Law, after George Law of New York. The ship sank in a hurricane in September 1857, along with 425 of her 578 passengers and crew and 30,000 pounds (13,600 kg) of gold, contributing to the Panic of 1857. On September 3, 1857, 477 passengers and 101 crew left the City of Aspinwall, now the Panamanian port of Colón, sailing for New York City under the command of William Lewis Herndon. The ship was laden with 10 short tons (9.1 t) of gold prospected during the California Gold Rush. After a stop in Havana, the ship continued north. On September 9, 1857, the ship was caught up in a Category 2 hurricane while off the coast of the Carolinas. By September 11, the 105 mph (170 km/h) winds and heavy seas had shredded her sails, she was taking on water, and her boiler was threatening to fail. A leak in one of the seals between the paddle wheel shafts and the ship’s sides sealed its fate. At noon that day, her boiler could no longer maintain fire. Steam pressure dropped, shutting down both the bilge pumps. Also, the paddle wheels that kept her pointed into the wind failed as the ship settled by the stern. The passengers and crew flew the ship’s flag inverted (a distress sign in the US) to signal a passing ship. No one came. A bucket brigade was formed, and her passengers and crew spent the night fighting a losing battle against the rising water. During the calm of the hurricane, attempts were made to get the boiler running again, but these failed. The second half of the storm then struck. The ship was now on the verge of foundering. Without power, the ship was carried along with the storm and the strong winds would not abate. The next morning, September 12, two ships were spotted, including the brig Marine. Only 100 passengers, primarily women and children, made their way over in lifeboats. The ship remained in an area of intense winds and heavy seas that pulled the ship and most of her company away from rescue. Central America sank at 8:00 that evening. As a consequence of the sinking, 425 people were killed. A Norwegian bark, Ellen, rescued an additional 50 from the waters. Another three were picked up over a week later, in a lifeboat. In the immediate aftermath of the sinking, greatest attention was paid to the loss of life, which was described as “appalling” and as having “no parallel” among American navigation disasters.[3] At the time of her sinking, Central America carried gold then valued at approximately US$8,000,000 (2021 value of $765 million, based on a gold price of $1,738.70 per troy ounce = $56,087 per kg). The valuation of the ship itself was substantially more than those lost in other disasters of the period, being $140,000 (equivalent to $4,070,000 in 2021). Commander William Lewis Herndon, a distinguished officer who had served during the Mexican–American War and explored the Amazon Valley, was captain of Central America, and went down with his ship. Two US Navy ships were later named USS Herndon in his honor, as was the town of Herndon, Virginia. Two years after the sinking, his daughter Ellen married Chester Alan Arthur, later the 21st President of the United States. Discovery of wreck and recovery of gold and artifactsThe ship was located by the Columbus-America Discovery Group of Ohio, led by Tommy Gregory Thompson, using Bayesian search theory. A remotely operated vehicle (ROV) was sent down on September 11, 1988.[4] Significant amounts of gold and artifacts were recovered and brought to the surface by another ROV built specifically for the recovery. The total value of the recovered gold was estimated at $100–150 million. A recovered gold ingot weighing 80 lb (36 kg) sold for a record $8 million and was recognized as the most valuable piece of currency in the world at that time. The Columbus-America Discovery Group’s eventual discovery of the wreckage may have been spurred on by initial interest by Harry John, an heir to the Miller Brewing Company fortune who near the end of his life launched unsuccessful, haphazard treasure hunts funded by a supposedly charitable foundation he had run for decades.

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