Precious metal with a historic link: gold bars from shipwreck in FUN auction

Platinum Night sale by Heritage offers gold from SS Central America
By , Coin World
Published : 12/14/16
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The 327.97-ounce bar, the equivalent of 20.49 pounds, is the largest in the sale in weight and dimensions. It is the second largest bar identified as from Justh & Hunter's Marysville, Calif., office.

The bar measures 62 millimeters by 180 millimeters by 49 millimeters. The face side is laid out with the incuse stamps scattered horizontally on the long side. NO. 9496 is positioned on a top line at center. In a next line, at left, is the JUSTH&HUNTER arc with 327.97 OZS. below. To the far right is JUSTH&HUNTER with 909 FINE. below. Centered at the bottom is the value, $6162.78.

Kellogg & Humbert

Two Kellogg & Humbert bars are offered in the Jan. 5 auction session — one weighing 152.96 ounces and the second, 34.94 ounces.

Salvors recovered 532 gold bars from the SS Central America wreck site off the coast of the Carolinas. Of the total, roughly 65 percent were stamped with the Kellogg & Humbert hallmark.

John Grover Kellogg and Augustus Humbert were recognized as two of the most reputable assayers in San Francisco in the 1850s. Humbert became United States Assayer in 1851. Kellogg previously worked with Moffat & Co. and eventually formed a partnership with G.F. Richter in 1854.

Kellogg and Humbert joined forces in 1854 to privately strike large numbers of gold $20 coins because the recently opened San Francisco Mint could not keep up with public demand.

The larger of the two Kellogg and Humbert ingots measures 64 millimeters by 150 millimeters by 28 millimeters.

The face of the larger bar is stamped in five lines, No 482 / K&H hallmark / 152.96 Oz. / 886 FINE / $2801.49.

The hallmark within a box reads KELLOGG / & / HUMBERT / ASSAYERS. The numerals 482 are also stamped on the back of the bar.

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