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<p>[QUOTE="doug444, post: 1915333, member: 38849"]I was one of the original numismatic researchers for the recovery of the S.S. Central America, and visited Tommy Thompson and his family at home many times. In those pre-Internet days, the best I could finally tell him was that for any ship coming from the West Coast, any coins were likely to be at least 90% gold half eagles to double eagles, minted less than 5 years before the wreck, and that he would find a few new bars and ingots previously unknown or only rumored to exist. That somewhat vague prediction was right on target. The Central America turned the rare gold market upside-down, of course, just like the release of GSA Carson City dollars and the additional release of scarce O-mint Morgans. Nobody knows what's left in European vaults, or what's been melted, or what's being held off the market for the moment.</p><p><br /></p><p>No one can "analyze" the double eagle "market" -- you can only respond, cautiously, to advertisements and auctions.[/QUOTE]</p><p><br /></p>
[QUOTE="doug444, post: 1915333, member: 38849"]I was one of the original numismatic researchers for the recovery of the S.S. Central America, and visited Tommy Thompson and his family at home many times. In those pre-Internet days, the best I could finally tell him was that for any ship coming from the West Coast, any coins were likely to be at least 90% gold half eagles to double eagles, minted less than 5 years before the wreck, and that he would find a few new bars and ingots previously unknown or only rumored to exist. That somewhat vague prediction was right on target. The Central America turned the rare gold market upside-down, of course, just like the release of GSA Carson City dollars and the additional release of scarce O-mint Morgans. Nobody knows what's left in European vaults, or what's been melted, or what's being held off the market for the moment. No one can "analyze" the double eagle "market" -- you can only respond, cautiously, to advertisements and auctions.[/QUOTE]
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