Kellogg $50 SS Central America Commemorative Restrike.
Completely original, with all accompanying documents
in the box and the coin certified by PCGS (although
not graded, as none of these pieces are). These are
wonderful reproductions of one of the most impressive
territorial gold coins, the 1855 $50 Kellogg slugs.
Although a modern restrike, these are beautifully produced
pieces, made from gold that was recovered from the S.S.
The 1855 Kellogg $50 territorial gold
pieces are extremely rare, with less than a dozen pieces
known in all grades. They were proposed in the final
period of California territorial gold, when the San
Francisco Mint was unable to meet the demand for gold
coin. In both 1854 and 1855, $20 pieces were made by
Kellogg & Co., and the $50 was made in proof format
only. It is unknown if these are just presentation pieces,
or if these were seriously considered for coinage.
The restrikes of these pieces, which
we offer here, were made in September 2001. The date
of Mintage can be seen engraved on the reverse, and
correspondents to the dates the S.S. Central America
was sailing on her last voyage. The ship, carrying massive
amounts of gold in various forms, sank of the coast
of South Carolina in 7,200 feet deep water.
The shipwreck, carrying a fortune in
gold, was discovered in 1985. After a long legal battle,
the proceeds were finally divided in 1996 and the sale
of the coins could start. Marketed the “ship of
gold” it became clear that immense fortunes had
been found. Among these were original gold bars by many
Californian companies, including Kellogg & Co.
If you are interested in owning a piece
of Californian history, contact us now. These restrikes
are struck from gold recovered from the shipwreck of
the S.S. Central America, and are made out of original
Kellogg & Co. bars. They contain an amazing 2.5
ounces of gold, and are only slightly different from
the original pieces. These large gold coins are certified
by PCGS in a special, commemorative holder especially
made for these restrikes. We are also always interested
in buying these pieces of art, so contact us if you
have any of the 5,000 restrikes for sale.