204

Large gold disk (contraband?), 2029 grams, marked with fineness XI• (11.25K, confirmed by testing),

Currency:USD Category:Coins & Paper Money / Shipwreck Ingots Start Price:35,000.00 USD Estimated At:35,000.00 - 70,000.00 USD
Large gold disk (contraband?), 2029 grams, marked with fineness XI• (11.25K, confirmed by testing),
SOLD
40,000.00USDto goldandsilver+ (7,000.00) buyer's premium. + applicable fees & taxes.
This item SOLD at 2016 Nov 12 @ 15:20UTC-5 : EST/CDT
All items are genuine unless noted. By bidding in this auction you understand and agree to the Terms and Conditions posted here.
Large gold disk (contraband?), 2029 grams, marked with fineness XI• (11.25K, confirmed by testing), from the 1715 Fleet. 5" in diameter and 7/8" at its thickest. We attribute this piece to the Douglass Beach site (formerly Colored Beach) because that particular 1715-Fleet wreck is known for large gold disks in low fineness like this one, which shows a bold fineness in center and three parallel lines near edge but no other markings, the surface rather cratered (as made), especially on the rounded bottom, which has a large bubble-void that exits through the top, inside of which can be discerned a sheen of white encrustation. The edge shows a small, chiseled, assayer's "bite" (hence maybe not contraband, despite its lack of tax stamps), plus two modern test-cuts, no doubt required by the fact that the whole piece is so washed-out in color as to almost appear more silver than gold (yet modern XRF testing confirms the gold fineness as marked). This piece was recovered long ago (probably 1970s) and is not related to the recent finds at Douglass Beach under Queens Jewels LLC. From the 1715 Fleet, probably Douglass Beach site.