Auctions

Jewelry Recovered from Sunken ‘Ship of Gold’ Heads to Auction

AuctionsNov 22, 2022

Jewelry Recovered from Sunken ‘Ship of Gold’ Heads to Auction

The S.S. Central America sank in 1857 off the coast of South Carolina, carrying tons of gold from the California Gold Rush.

20221122_SS-CentralAmerica-header.jpg
A size 8.5 signet ring engraved with initials “SS” may have been owned by San Francisco jeweler Samuel Shreve, who was a passenger on the S.S. Central America when the ship sank in 1857 on a voyage to New York. (Photo credit: Holabird Western Americana Collections)
Reno, Nevada—Jewelry on board a ship that sank off the U.S. coast in the mid-1800s will be available to the public for the first time when it goes up for auction next month. 

The S.S. Central America, or the “Ship of Gold,” sank off the coast of South Carolina in 1857 during a hurricane while traveling from Panama to New York City.

In addition to costing the lives of more than 400 of its passengers, tons of gold bars and coins from the California Gold Rush valued in the millions also went down with the ship. The gold onboard was meant to help banks manage the financial panic that had just started, but its sinking instead exacerbated the crisis.

Insurance claims for the loss were paid in 1850s.

Recovery from the shipwreck occurred in stages: between 1988-1991 and then again in 2014.

The company that discovered and retrieved the sunken treasures settled with insurers and their successors in 1992. With court approval, California Gold Marketing Group acquired clear title to all the artifacts that had been recovered from the ship.

Now, gold jewelry, vintage clothing, and other historic items recovered from the site will be offered at auction on Dec. 3, years after many of them were retrieved from the bottom of the Atlantic Ocean.

“Much of the gold jewelry was part of a commercial shipment, either carried by one of the jewelers on board or by a separate shipment transported on the voyage going to New York. Gold nugget stickpins were found still attached to their original thick paper boards, ready for resale on the New York or eastern seaboard jewelry market,” said Fred Holabird, president of Holabird Western Americana Collections, which will conduct the auction.

Lots include dozens of 1850s gold rings, stickpins, cufflinks, a gold belt buckle, and several pocket watch cases and covers.

Notable highlights include a rare medal/badge presented by the Order of Saint Maurice and Saint Lazarus, the world’s second oldest order of knighthood. Bestowed by the House of Savoy in Italy, the medal features a white enamel cross representing the Order of Saint Maurice and a green enamel Maltese cross of the Order of Saint Lazarus.

It was retrieved from the bottom of the ocean in 1991 and kept in secure storage for decades.

See: More Pieces in the Upcoming Auction 

There is also a ring engraved with initials “SS” that may have belonged to San Francisco jeweler Samuel Shreve, a passenger on the ship when it sank, rings with heart shapes that would’ve eventually been engraved with lovers’ initials, and California gold-in-quartz items like cufflinks and brooches.

Meanwhile, other interesting items include the oldest known Gold Rush-era heavy duty work pant jeans with a button fly, which may have been made by or for Levi Strauss in his early years of business.

There are also S.S. Central America bottles, tableware, dining utensils, the purser’s keys to the gold treasure room, passenger luggage tags and ticket receipts, hardware from the ship, a navigational octant, and daguerreotype photographs.

“Many collectors have been waiting for these extraordinary items to come on the market since the legendary S.S. Central America was located in 1988 and Life magazine proclaimed it America’s greatest treasure ever found,” said Holabird.

The auction will be held at the Reno-Sparks Convention Center in Nevada and online on the Holabird Western Americana Collections website on Saturday, Dec. 3.

A second auction featuring hundreds of additional artifacts from the shipwreck will be held in February.

In anticipation of the auction, Holabird has created a limited edition 280-page catalog with numerous previously unpublished illustrations of the recovery of the S.S. Central America, some of which are reproduced in 3-D as shot during the discovery missions with a remote-controlled submersible nicknamed “Nemo.”

Copies of the catalog are available for $100 while supplies last.

Auction lots can also be viewed online.

For more information about the auctions or to buy a printed catalog, visit the Holabird website or contact the company at 775-851-1859 or info@holabirdamericana.com

 Related stories will be right here …

The Latest

In Memoriam collage 2025
IndependentsDec 29, 2025
In Memoriam: Industry Friends We Lost in 2025

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

Tanishq Orlando store exterior
MajorsDec 29, 2025
Tanishq Opens New Stores in Florida, Virginia

The retailer is expanding into areas with large Indian and South Asian populations.

Nanis Madonna di Campiglio Flagship
MajorsDec 29, 2025
Nanis Opens First Flagship Store

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

Recipients Collage 2025 - NJ (1872 x 1050 px) (1872 x 1052 px).png
Brought to you by
Impacting Tomorrow Today

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Amethyst Geodes Unearthed: Raw Beauty
SourcingDec 29, 2025
‘Unearthed: Raw Beauty’ Exhibition Opens at LA Museum

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

Weekly QuizDec 23, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Stock image of gavel
CrimeDec 24, 2025
LA Jewelry District Couple Pleads Guilty to Hiding Millions from IRS

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

People shopping in winter clothes
SurveysDec 24, 2025
Consumer Confidence Falls Again in December

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

Hana Kaneko rings
Events & AwardsDec 24, 2025
NYC Jewelry, Antique, & Object Show Announces Winter Event

The new show will take place Jan. 23-25, 2026.

Brian Patrick Gilbertson
SourcingDec 23, 2025
Mining Titan Brian Gilbertson Dies at 82

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

Costume Designers Guild Award By Bulgari
Events & AwardsDec 23, 2025
Bulgari Reimagines Costume Designers Guild Award

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

Kering logo
MajorsDec 23, 2025
Kering to Acquire Stake in Raselli Franco Group

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

For Future Reference Vintage
MajorsDec 23, 2025
For Future Reference Vintage Enters Bloomingdale’s

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

Counterfeit Cartier and Audemars Piguet watches
CrimeDec 22, 2025
Customs Seizes Hundreds of Fake Rolex, Cartier Watches

In the recent multi-shipment seizure, CBP also found counterfeit Audemars Piguet, Moncler, and Chrome Hearts items.

Helzberg new store concept rendering
EditorsDec 22, 2025
How Helzberg Is Reimagining Its Stores

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Graphic for the 2025 Year-End Webinar
Recorded WebinarsDec 22, 2025
2025 Jewelry Rewind: Looking Back on an Eventful Year

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

Pair of Ippolita Lollatini earrings
MajorsDec 19, 2025
MadaLuxe Group Acquires Ippolita

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Bulgari CEO Laura Burdese
MajorsDec 19, 2025
LVMH Names New Bulgari CEO

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

Harwell Godfrey Lil Buddies
EditorsDec 19, 2025
2025 Jewelry Superlatives: A Yearbook-Style Year in Review

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Audemars Piguet Grosse Pièce
AuctionsDec 18, 2025
Audemars Piguet Reclaims Historic Pocket Watch at Auction

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

Diamond ring in parts
Lab-GrownDec 18, 2025
Kira Jewels Debuts Custom Lab-Grown Diamond Jewelry Service

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Terry and Cindy Chandler at AGS Conclave
EditorsDec 18, 2025
Terry Chandler Looks Back on 40 Years of Opportunity, Change, and Friends

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.

Rendering of Bob’s Watches JFK airport store
WatchesDec 18, 2025
Bob’s Watches to Open Store in New York’s JFK Airport

The boutique is slated to open this week inside Terminal 8, offering pre-owned Rolex watches and more to international travelers.

JamAlert 1872x1052.png
Supplier BulletinDec 18, 2025
Cell Jammers Are Targeting Your Business. Here's How to Beat Them

Sponsored by Digital Monitoring Products

Fabergé egg pendant near gloved hand
CrimeDec 17, 2025
Man Pleads Not Guilty to Swallowing Fabergé Pendant

The special-edition egg pendant ingested in a New Zealand jewelry store was recovered after a six-day wait.

Ashley Zhang Jewelry Snake Necklace, Renato Cipullo Hematite Blaze Necklace, Vanessa Fernandez Studio Curva Wrap Hoops, Hernsdorf Tears of Aphrodite Necklace, Robinson Pelham Tsar Star Earrings, Marla Aaron Nymphenburg Lock, Lof The Valentine Ring
EditorsDec 17, 2025
2025 Jewelry Rewind: The Best Piece of the Week Picks

Associate Editor Natalie Francisco plays favorites with Piece of the Week, selecting a standout piece of jewelry from each month of 2025.

Lucy Hale in Jacquie Aiche’s Love and Desire Campaign
CollectionsDec 17, 2025
Lucy Hale Stars in Jacquie Aiche’s Holiday Campaign

The “Love and Desire” campaign is inspired by the magic that follows when one’s heart leads the way, said the brand.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy