Tuesday, November 14, 2023 3:29:03 PM
An example would look like this.
Project "Dolphin"
Based upon extensive research of the archival record, we have surveyed a 50 sq mile area off the coast of South Carolina searching for a passenger vessel that sank in 1825 with an estimated cargo of $300K face value, that included a bank shipment of 5000 half eagles.
Half eagles are $5 gold coins, and an average coin would be worth $10-20K, but some of the rarer coins can be worth millions. If such a bank shipment existed, it would be worth $50MM if each coin was worth only $10K on average.
An 1822 half eagle sold for over $8MM in 2021. There are only 3 known to exist, and the other 2 are in the Smithsonian, out of circulation.
https://robbreport.com/shelter/art-collectibles/historic-1822-half-eagle-gold-coin-sells-for-8-4-million-at-auction-1234604102/
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