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1865-S $20 Gold Double Eagle from the S.S. Brother Jonathan Shipwreck

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    Posted 14 years ago

    AC_Dwyer
    (13 items)

    It's coins that look like this that got me interested in collecting gold from shipwrecks. This 1865 double eagle was newly minted in San Francisco when it wound up at the bottom of the Pacific that same July.

    The sidewheel steamer SS Brother Jonathan was carrying a cargo of gold from San Francisco to Portland when it sank in stormy seas shortly after leaving a stopover at Crescent City. Of the over 240 passengers and crew on board, only 1 lifeboat of 19 people made it safely to shore. For weeks afterwards, bodies would wash up on the shore.

    What I like is that this coin looks like it was produced yesterday. There are no marks to indicate that it went through a violent shipwreck or sat on the bottom of the ocean for 130 years, and no wear to show that it is over 140 years old. The coin looks brand new.

    You can read more about the shipwreck and the reason why this coin survived in such great condition at: http://acdwyer.com/ssbj_pg1.aspx .

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    Comments

    1. John, 13 years ago
      how much is one like this worth i have one i want to sell
    2. Richard, 13 years ago
      An 1865 BroJo in this condition is currently worth $12,000-14,000
    3. pollypocket, 13 years ago
      This is an absolutely gorgeous coin! I would love to have 1 but I don't have 12-14000 dollars lying around!
    4. AC_Dwyer AC_Dwyer, 13 years ago
      The last 1865-S to be auctioned at Heritage from the SS Brother Jonathan in this condition sold for over $20,000. (Lot # 1788 on Sept. 10, 2009)
    5. Richard, 13 years ago
      @AC
      For $20K, that is great news for BroJo owners. I'm holding on to mine.
    6. EricB , 13 years ago
      AC-Dwyer...went to Heritage website, there's no record of any SS Brother Jonathan coin selling in lot 1788 for $20,000...let alone any SS Brother Jonathan coin in that lot at all.... please explain?!? Or show proof.
    7. AC_Dwyer AC_Dwyer, 12 years ago
      @EricB - It's very easy to explain. You apparently didn't search their archives correctly.

      Here is a direct link to the coin in their archive:
      http://coins.ha.com/c/item.zx?saleNo=1129&lotNo=1788

      You will have to register with their website (it's free) and then log on if you want to see the sale price. If you are still having trouble finding the lot, pick up the phone and call their 800 # and ask them.

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