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SS. Central America. SS Central America, known as the Ship of Gold, was a 280-foot (85 m) sidewheel steamer that operated between Central America and the East Coast of the United States during the 1850s. She was originally named the SS George Law, after George Law of New York. The ship sank in a hurricane in September 1857, along with 425 of ...
Tommy Gregory Thompson is an American treasure hunter known for his leading role in the discovery of the wreck of the SS Central America on September 11, 1988. [4] He is also the author of a book about the discovery, America's Lost Treasure, published in 1998, [5] and is a main character in the best-selling 1998 non-fiction book Ship of Gold in the Deep Blue Sea by Gary Kinder.
(Central America had recently been renamed from George Law. Aspinwall was the American settlers' name for Colón, Panama.) Herndon was carrying perhaps 15 tons of gold (then worth $2,000,000) and 474 passengers, many of whom were from California and were returning to the East Coast, as well as 101 crew members.
In 2014, Odyssey Marine Exploration was selected to salvage gold from the 1857 shipwreck of Central America. [35] The expedition led to the recovery of more than 15,500 gold and silver coins, 45 gold bars and hundreds of other gold nuggets, gold dust, jewelry and artifacts. [36]
The Panic of 1857 was a financial crisis in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the invention of the telegraph by Samuel F. Morse in 1844, the Panic of 1857 was the first financial crisis to spread rapidly throughout the United States. [1]
Design date. 1877. Design discontinued. 1907. The Liberty Head double eagle or Coronet double eagle is an American twenty-dollar gold piece struck as a pattern coin in 1849, and for commerce from 1850 to 1907. It was designed by Mint of the United States Chief Engraver James B. Longacre. The largest denomination of United States coin authorized ...
Law had a steamship named after him. The SS George Law was later renamed SS Central America. She sank in a three-day and night hurricane carrying most of her passengers, gold bullion then valued at US$2,000,000 and Commander William Lewis Herndon down with her. The sinking of the ship with the loss of so much gold contributed to the Panic of 1857.
SS Illinois 1851-1859 Built for the company, it served on the New York to Chagres service from August 26, 1851 until early 1859. SS George Law 1852-1857 Built for the company, it served on the New York to Aspinwall service from October 20, 1853. It was renamed the SS Central America in 1857.
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