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Some of the rarest US coins ever found are hitting the market, thanks to shipwreck off North Carolina

Section: Daily Dispatches

By Mark Price
Charlotte Observer, Charlotte, North Carolina
Thursday, February 14, 2019

The first 502 gold and silver coins plucked from a shipwreck off North Carolina have been sold to a global coin dealer at a price that "wildly exceeded" the recovery project's expectations.

No one involved in the deal is saying what the coins fetched, but market values suggest it was easily in the hundreds of thousands of dollars.

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U.S. coins from the first decade of the 1800s sell for between $40,000 and $150,000 each, in part because it's a time when the nation was just starting to produce coinage, experts say.

The 502 coins included some of the oldest U.S. gold coins ever recovered off a shipwreck, dating to around 1800, said Keith Webb of Blue Water Ventures International. Blue Water Ventures is working with Endurance Exploration Group to recover treasure off the Steamship Pulaski. ...

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