Daniel Frank Sedwick, LLC ( www.SedwickCoins.com ) announces the release of their new mail-bid Treasure Auction #4 by catalog and internet.

The auction closes November 6. Highlights of this sale include:

• A California Gold Rush-era gold ingot from the S.S. Central America (1857) estimated at $125,000+ and also a gold bar marked with the “En Rada” stamp (Peña-Randa) from the Atocha (1622) estimated at $40,000+
• The “Golden Fleece wreck” (ca. 1550) Special Research Collection of Mexican Charles-Joanna rarities (including the famous 3 reales of 1536 estimated at $10,000+ and many of the finest specimens of the first issues struck in the New World)
• Gold “finger” bars and silver “splash” ingots from the same wreck; a 1626 specimen of a Spanish 50 reales “cincuentín” (at 170 grams, the largest Spanish coin ever minted, most examples of which are only seen in museums) estimated at $15,000+
• Coins and artifacts from the newly discovered “Wild Horse River Wreck” (ca. 1620) in the River Plate off Uruguay; and Part I of the Treasure Library of Tom Sebring (author of Treasure Tales—Shipwrecks and Salvage).

“This is by far our largest and most important auction to date,” says Dan Sedwick, a coin expert with over 20 years’ experience and a pioneer in the field of authentic “treasure” collectibles. “We anticipate that the results will exceed the total low estimate of about $1 million.”

Sedwick’s assistant Agustín “Augi” García adds “the current economy is poised for investors to put their money into collectibles and hard assets, and buying treasure coins and bullion and artifacts is a fun way to do just that. We feel the timing of our auction could not be better.” (more…)

Treasure Fever has struck again! Expert numismatist and auctioneer of shipwreck coins and artifacts Daniel Frank Sedwick has released the results of his Treasure Auction #3. This mail-bid auction surpassed predictions by grossing over $800,000 ($700,000 + 15%), with an unprecedented 92%+ of the lots sold.

Consignments for Sedwick’s next auction (Treasure Auction #4) in the fall of 2008 are already pouring in. One of the top highlights of the sale was a rare mariner’s astrolabe that sold for $28,750.00 (with buyer’s premium). Other major highlights include a Lima, Peru, cob 8 escudos of 1703 that sold for $17,250 and a Cartagena, Colombia, cob 2 escudos of 1622 (the first gold coin struck in the New World) that sold for $23,000 (both prices with buyer’s premium).

The entire offering of Spanish colonial gold cobs in this auction (mainly from the 1715 Fleet) hit close to a quarter million dollars, one of the biggest auction sales of treasure gold cobs offered in the last several decades. This marks a trend in gold-cob prices.

“The market had a very positive reaction… collectors are increasingly eager for choice gold cobs and we can provide the best selection at competitive prices,” says Sedwick, who also pointed out that a similar offering will appear in his next auction in the fall.

A big surprise for collectors was an offering of ca.-1528 shipwreck silver “tumbaga” bars, which before this auction had an average price among collectors of about $3,000 each, yet the 14 bars on offer averaged over $7,000 each (including commission), with one specimen exceeding $10,000. This reflects a new appreciation for these artifacts. (more…)