Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar

Description

Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar

On September 12, 1857, the SS Central America sunk off the coast of the Carolinas during a hurricane. When the ship went down, it took with it 30,000 pounds of gold coins and ingots, and kicked off an economic recession known as the Panic of 1857. In the 20th century, after more than 140 years on the ocean’s floor, several coins and ingots from the shipwreck were salvaged from the Atlantic and introduced to collectors and investors. Right now, a 136.3 oz SS Central America Kellogg & Humbert Assayers Gold Bar is available to purchase online from complex bullion.

Bar Highlights:

• Arrives in a protective case with a wooden box for storage!
• Salvaged from the wreck of the SS Central America!
• Assayed by Kellogg & Humbert in the 19th century!
• Shows the patina of more than a century on the ocean floor!
• Bar weights 136.3 ounces!
• Contains 124.2 Troy oz of .892 pure gold.
• Obverse features the hallmarks of the gold ingot.
• Reverse has only a matching serial number.

This 136.3 oz SS Central America Kellogg & Humbert Assayers Gold Bar is available to you inside a clear, protective case with a wooden box for storage. This gold bar went down to the bottom of the Atlantic Ocean, more than 7,000 feet deep, with the wreck of the SS Central America in 1857. The bar will show signs of patina and beautiful toning resulting from more than a century resting on the ocean’s floor.

Kellogg & Humbert Assayers was a precious metal assaying business in San Francisco in the 19th century. When this gold was mined from California in the 1850s, the assayers at Kellogg & Humbert certified the bars before they were shipped to the banks of New York City and the American East Coast. The bars were first transferred from California to the Panamanian port city of Colon for transfer by rail across the isthmus of Panama to the SS Central America. The Central America then sailed east by northeast toward New York. However, after a port stop in Havana, the Central America ran into a hurricane off the coast of the Carolinas.

As the seas swelled, the saltwater of the Atlantic Ocean overran the decks of the ship and swamped the boiler rooms. With its engines stalled, the SS Central America was at the mercy of the storm and would eventually sink on September 12, 1857. The lost gold set off a panic in American markets that would eventually ripple around the world.

Obverse design elements on the 136.3 oz SS Central America Kellogg & Humbert Assayers Gold Bar include various inscriptions. In addition to the stamp of Kellogg & Humbert Assayers, this field has markings of the serial number, 957, and the weight of the bar, the purity of the gold, and the face value in US dollars from 1857. Please note, that the total weight of the bar is 136.3 oz, but the gold content is 124.2 oz of .892 pure gold.

A tremendously exciting offering recovered from the wreck of the S.S. Central America. The San Francisco firm of Kellogg & Humbert was established in 1855 as the product of several mergers between prominent regional gold firms. Before long, their assayed bars gained acclaim and were popular in the metropolises of New York City and London, even being utilized by the United States Mint in Philadelphia. Monthly shipments delivered this gold to eastern destinations via steamers to Panama, where the newly constructed Panama Railroad would then transport cargo and passengers during the four-hour, 48-mile journey across the isthmus to the Atlantic coast for transit elsewhere.
The present offering was accompanied by at least 342 other bars from this firm on one such journey in late August of 1857. While the first leg of the voyage from San Francisco to Panama aboard the S.S. Sonora was unremarkable, the same, unfortunately, cannot be said about the remainder of the trip. After departing the Panamanian port of Colon, then known as Aspinwall, and making a brief stop in Havana, Cuba, the S.S. Central America steamed towards New York City with an estimated 597 passengers and crew and a cargo of over $1.2 million in registered treasure, Kellogg & Humbert ingot No. an unrelenting hurricane induced flooding that became too much for the pair of coal-powered steam engines, rendering the vessel unable to pump out incoming water and left to be tossed at the mercy of the tumultuous Atlantic. After floundering and listing for more than a day off the coast of the Carolinas, the ship disappeared beneath the waves , claiming the lives of over 400 individuals and plunging its glistening cargo nearly one and a half miles to the ocean floor.
Lurking in the depths for more than 130 years, the wreckage of the S.S. Central America would remain elusive and undisturbed until its discovery on September 11, 1988, causing considerable excitement among the numismatic, maritime, and treasure-hunting communities around the world. Preserved by the frigid and tranquil environment of the sea floor, the sunken treasure remained largely untroubled and required little conservation to be brought back to the pristine and shimmering condition that is observed here.
Fully bright and golden-yellow in finish, the surface is free of any noteworthy imperfections that might suggest its involvement in such a chaotic tragedy. Close inspection reveals insignificant abrasions and a minor texturing (more so in some areas than others) that is more the result of the casting process than time spent at sea. The top of the ingot is stamped NO 957 with the name of the firm, KELLOGG / & / HUMBERT / ASSAYERS, within a rectangular box below. Midway down the bar is the weight, 136.30 OZ, followed by the fineness, 892 FINE, and the value in gold at the time of manufacture. Considering that the current market price dictates a bullion value in excess of $200,000, much can be inferred about our economic change and growth over the past 150 years! The remaining faces are blank. Housed in a clear acrylic case, the ingot is easily viewable from all sides and thoroughly protected from harm.
This historic ingot is plated. David Bowers’ monumental reference A California Gold Rush History (2002). It serves as a fascinating link to that particularly popular era of the Old West, and is also an important relic for collectors of shipwreck treasure. Sure to serve as a focal point in the next advanced cabinet in which it is included.
Due to the size and nature of this lot, additional shipping charges apply. Please call 800-458-4646 for more information.

Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,Buy 136.3 oz SS Central America Kellogg and Humbert Assayers Gold Bar,