Paying top dollar

for your diamonds since 1980

Buried Treasure

Posted on May 5th, 2014 by Joe G

On April 15, the Odyssey Marine Exploration discovered more than 80 pounds of gold from an 1857 shipwreck off the coast of South Carolina using a robot.

The ship carried as much as 21 tons of gold coins, gold ingots and raw gold, and sank in a hurricane traveling from New York to San Francisco. This is the first reconnaissance dive to the S.S. Central America, a 280-foot ship in over 20 years. A team recovered about 2 tons of gold in 1988, which began a long legal battle over the treasure.

The Odyssey was given an exclusive contract to excavate the remains of the ship in March. The treasure recovered includes five gold ingots and two $20 Double Eagle coins with an estimated value of $1.2 million.

Odyssey crews will remain at the site for another five months. The treasure that remains there is estimated to be worth about $85 million, not included the 15 tons of Army bullion rumored to be aboard.

 

Courtesy of Yahoo! News

← Back

Customer Testimonial

Had a Great Experience

I have dealt in coins and metals since the 80s. Had dealings with many dealers. Got scammed by a few. Chicago Gold is the only one I would recommend to my family or friends. Have your valuables appraised by them before you sell.


Date: 05/12/2022 • 5 / 5 stars ★★★★★

Awesome place!

What a super knowledgeable gemologist. After all that experience also they are soooo willing to help and answer all the questions I had. Excellent experience. They went above and beyond for me. Highly recommended. Super trustworthy.


Date: 01/20/2022 • 5 / 5 stars ★★★★★

I'll be back

Cashed in some silver coins and received a very fair exchange. Joe and Chris, were very friendly, and comfortable to deal with. Came back with some jewelry, and received a rough appraisal...again no pressure.


Date: 10/17/2023 • 5 / 5 stars ★★★★★

I would do business with them again

Good people who are honest, open and friendly. I'm glad I found them and not too far from my area.


Date: 01/02/2024 • 5 / 5 stars ★★★★★

How to Reach Us?

Get Directions

Contact Us

Get the most for your valuables.

1236 W. Devon Avenue
Chicago, IL 60660

Phone: 773-338-7787 Email: chgogoldgallery@aol.com

Hours: Mon- Fri: 10:15am-6pm, & Sat: 10:15am-5:00pm

Especially Wanted

  • Gold & Silver Coins
  • Bullion Gold, Silver, & Platinum
  • Scrap & Old Gold
  • Sterling Silverware
  • Dental Gold
  • Coins & Coin Collections
  • Franklin Mint
  • Collectibles
  • Rare Coins
  • Antique & Modern Jewelry
  • Diamonds
  • Watches - Rolex, Patek Philippe
  • Broken Jewelry
  • Tiffany & Company - Cartier
  • Vintage & Modern Guitars