Looking forward to some original Ship of Gold coins!
Zoins
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Just saw the images following on the PCGS website and I'm looking forward to the coins!
https://www.pcgs.com/shipofgold
This 1857-S coronet looks amazing and I’d love to see it in hand. It might end up being the signature coin of the collection for me, like the 1892-CC half eagle is for the Saddle Ridge hoard.
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PCGS likes the coin enough to put it in their headline image.
As a fan of toned gold, I think yall know what I think about that one..
I'm with you, wish I could afford a piece from this hoard! That 57-S is awesome.
Still do not understand how collectors, that will not touch a coin (gold or otherwise) that has some kind of natural color on it, would buy these things.
Is that true? Are there collectors that like these that won't touch other coins with natural color? I would imagine that collectors that like these also like other coins with natural color.
Never saw such a wildly toned gold piece....that is amazing!
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
Did any of the gold coins that were sold from the first haul of this shipwreck turn up as wildly toned? If not, why?
The toning issue is always controversial and a matter of taste. There was a time when blast white was the only way to go. In the 19th century, even dipped or polished was the only way to go because tarnish/toning was bad. Now, people are paying crazy premiums for "monster toning" (tarnish?).
IMHO There is no RIGHT way. There is personal preference and there is market value - not necessarily the same thing.
If you like blast white. Buy blast white. If you like Monster toning, buy monster toning. Pay what it is worth to you to have. Period.
Shipwreck coins are in a nebulous region more akin to ancient coins. In the ancient coin market, "curated" coins are the norm. They have to be. When you dig up coins that were in the ground for centuries or millenium, you need to clean the crud off. "Patina" can really enhance a coin, even though in a modern coin sense you would consider it tarnish or rust. When you pull coins out of the sea after 100+ years, you have to clean the crud off.
The shown coin is interesting, because if it hadn't been in a shipwreck, would you call it natural toning or artificial toning? I mean, I can get the same effect by putting a gold coin in warm salt water in my house for a few months or years. Would you consider that "natural" or "artificial"?
Only Mr. Market knows for sure.
@jmlanzaf....Excellent points.... It is well known that I am not a fan of tarnish - natural or not. That being said, I do appreciate crust or wear/dirt from commerce. The premiums being paid for colorful tarnish are amazing... however, it is not my money, so have at it.
Buy what you like and enjoy it..... Cheers, RickO
I know I don't post all of my gold toners on this forum, because most here claim they are hideous and artificial, even though all are straight graded. It's interesting that such a crazy gold toner is the main star... kinda makes me feel like redemption! lol