NGC Presents the Last Great Mystery of the SS Central America Shipwreck

Unseen since 1857, 123 incredibly well-preserved $20 gold coins from the height of the California Gold Rush are finally revealed. Photos of the “Garden of Gold” and “SS Central America Safe” are provided by California Gold Marketing Group. Photos of “Gold Coins in Box” and Dwight Manley are provided by Donn Pearlman.

[@laurinsarkki8973]

Tommy Thompson, Bob Evans, and the crew of the R/V Arctic Discoverer did awesome work. To bad Tommy Thompson has been in jail for years, I consider him a genius.

[@johnwilkinson2040]

Free Tommy Thompson it’s a crime that he is in jail…💜

[@magnacartapowerpoint]

They ought to edit this video and highlight Tommy...he was the not only the chief scientist, he was a world class entrepreneur. Gary Kinder wonderfully captures the story in Ship of Gold in Deep Blue Sea. High marks for Tommy and Gary!

[@СергейМасленников-я1ч]

Свободу Томми Томпсону! 🗽Freedom for Tommy Thompson! 🗽

[@marianmoses9604]

These coins are the dream acquisitions of every passionate numismatist. I will never own one, but I sure did enjoy seeing them.

[@jakecash6068]

No mention of the man who is falsely imprisoned for finding the shipwreck before any of you lovers could

[@sandy-quimsrus]

Years and years in prison now!

[@SailingSarah]

Unconstitutional.

[@johnwilkinson2040]

Corrupt legal system…

[@Ellen-hs7zb]

They took all the credit. Shame, shame.

[@magnacartapowerpoint]

​@@Ellen-hs7zb indeed, what were they trying to pull off...follow the 💰

[@bbartlow0307]

What a shocker. Not only did I think both expeditions were fully conserved, graded and sold years ago (actually decades) but for some reason this Mother Lode of quality was kept for the grand finale. On the one hand the release of these coins is guaranteed to generate a great deal of enthusiasm; on the other, those who spent huge sums for "top pop" might be more than a little miffed. I can't help but recall the Pawn Stars episode when Jeff Garrett offered an SSCA specimen; the response was essentially 'No thanks, we don't buy shipwreck coins. There's always the risk of finding more'. And there you have it.

[@jwt4810]

Yep Rick was right to pass on that coin. I wonder if there will be another expedtion back to SS Central America. Records stated 11.2 tons of gold onboard. 1988 discovery was like 2000 lbs and 2014 was far less than that. They may have found most of the gold coins but there's gotta be hundreds of large gold bars still down there.

[@kestonsoldschoolcomicbooks6842]

Cool story. Thank you. These coins are near the top of my want list.

[@anti-ethniccleansing465]

00:45 *RIP to those poor 525 souls* (they seem to be forgotten about whenever anyone talks about this tragedy, so I wanted to remind us to not forget the enormous human loss here - that’s a _LOT_ of folks to lose their lives at once 😢) But just in case, anyone else was curious, I just did the research for how much that $1.6 million dollars in 1857 would be worth today in 2022, at face value (as a side note, this was written on the page with the inflation calculator _“The U.S. dollar has lost 97% its value since 1857 Updated: July 13, 2022”)._ 97%!!! That’s just sickening. Anyways, *in today’s 2022 money, that $1.6 million = ~$54.5 million.* *The full breakdown:* $1,600,000 in 1857 is equivalent in purchasing power to about $54,493,977.01 today, an increase of $52,893,977.01 over 165 years. The dollar had an average inflation rate of 2.16% per year between 1857 and today, producing a cumulative price increase of 3,305.87%. This means that today's prices are 34.06 times higher than average prices since 1857, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 2.936% of what it could buy back then. The inflation rate in 1857 was 2.35%. The current inflation rate compared to last year is now 9.06%. If this number holds, $1,600,000 today will be equivalent in buying power to $1,744,956.13 next year. The current inflation rate page gives more detail on the latest inflation rates.

[@djk6297]

Really 425 died, mainly men who stayed behind to try and keep the ship afloat. It was (and still is) that news reports may be uncertain at around the time of the event. Example: I found an article from a newspaper from California that came out like a week after Pearl Harbor and it had reported the death toll to be substantially higher.

[@СергейМасленников-я1ч]

Свободу Томми Томпсону! 🗽Freedom for Tommy Thompson! 🗽

[@davidasher8718]

Isn't this the Tommy Thompson recovery? How could you not mention that, dingus?

[@CertifiedPre33]

Imo I would have preferred pcgs for the grading. I love ngc, but for mostly ancient and foreign 🪙's. Great video.

[@sacramentocoinhunt9874]

Very Cool Story. Thanks for sharing!

[@gregpaulson5661]

Great. Video ! On the USS 1857 Central America “ Ship of Gold “ Personal Story , Dwight Manley is my parents Godson .

[@СергейМасленников-я1ч]

Свободу Томми Томпсону! 🗽 Freedom for Tommy Thompson! 🗽

[@beckes1]

Great video!

[@asheland_numismatics]

Great video! 👍

[@johnz-man4754]

Sweet video...

[@silvergator2174]

awesome find

[@davidl4956]

Awesome!!

[@СергейМасленников-я1ч]

Продали бы мне хоть одну двадцатку с Центральной Америки, недорого!?

[@moneykoin]

Luar biasa!

[@Purplus_Guyus]

Whoa! 😦

[@usman007ism]

I sent you mail for my coins treasure valuation 😁

[@jjwatt5126]

So when someone says bitcoin is the new gold you can laugh even harder at them.

[@skipondowntheroad5833]

I love gold for various reasons, but I don't laugh at people for saying that Bitcoin is the new gold. Bitcoin has all the necessary hard money properties of gold. But Bitcoin is superior to gold in its scarcity, portability and divisibility. On or near April 20 2024 the stock to flow ratio of Bitcoin will be 124 which is double that of gold at 60. Also any amount of Bitcoin can be transported across the world in seconds. Try that with gold. On second thought, maybe you shouldn't try that with gold as it might go down with the ship in the ocean.

[@magnacartapowerpoint]

Not so sure about that🤔

[@quincygraham828]

They where pure gold coin?

[@skipondowntheroad5833]

Most gold coins of the world (including those in the video )that were issued by governments for circulation were made of 90 percent gold and 10 percent copper. They used copper in the coin because copper is harder than gold and it prevents the coin from wearing out too fast.

[@Ellen-hs7zb]

Why aren't these guys in jail along with Tommy Thompson? He can't be the only one who knows the coordinates of the shipwreck loot.

[@СергейМасленников-я1ч]

Свободу Томми Томпсону! 🗽Freedom for Tommy Thompson! 🗽

[@Mr69t]

Nice Video, just one question. Why was he handling the Coin without Gloves? The oils from his fingers would get on the coin. What an Amazing find though.

[@johnz-man4754]

Gloves are not needed. The graders never wear gloves. People actually handle coins with clean hands, no oils...

[@bobjacobson858]

@@johnz-man4754 In addition, gold is especially resistant to corrosion or tarnishing.

[@johnz-man4754]

@@bobjacobson858, 100% true...

[@bbustin1747]

Just sent 2 decades old NGC graded st gaudens to PCGS for restoration.... they do get corrosion or verdigris Whatever it’s called. so even so ...gold is corrosion resistant ...it’s just that with other alloys in the gold.

[@bobjacobson858]

@@bbustin1747 That's true; it's not 100% gold.

[@chukwunonsoaniekwe4403]

How do I get started please am new here. I need help

[@anti-ethniccleansing465]

Let me be the first to welcome you to planet earth. 🙋‍♀️

[@ADKfreeman]

@@anti-ethniccleansing465 lol

[@Forgetdaoldme]

Come to find out, they made the coins 😂😂

[@SailingSarah]

What you talkin bout Willis?

[@imad-e2u]

سلام

[@D.E-p6o]

U still do not have all the gold from that ship

[@СергейМасленников-я1ч]

У меня нет даже одной двадцатки с этого корабля!