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Impressive S.S. Gairsoppa Shipwreck 1,106.5 Ounce Fine Silver Ingot

Bid history:9 bids (view)
Time left:2d, 13h, 15m, 14s
(Sun, Sep 27, 2020 08:30:15 PM Pacific Time)
Current Bid:$20,500.01
High bidder:bidder 5
(Enter $21,000.01 or more)

GC's standard 12.5% buyer's fee (min $5) applies to this auction, discounted to 10% (min $5) if paid by Check, eCheck or Wire. All bids are in U.S. Dollars.

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Item Information
GC Item ID:883370
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GC Item Title:Impressive S.S. Gairsoppa Shipwreck 1,106.5 Ounce Fine Silver Ingot
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Description:Ingot number JZ0473, one of the 462 .999 fine ingots recovered from the wreck of the S.S. Gairsoppa circa 2012-13 by Odyssey Marine Exploration. Originally minted in Bombay, India this ingot was part of nearly 100 metric tons of silver bullion which was being transported to Britain in the winter of 1940-41 in support of the war effort.

On February 17, 1941 the transport ship S.S. Gairsoppa was heading for port about 300 miles southwest of Galway, Ireland. Having broken off from its convoy due to low fuel reserves the Gairsoppa was traveling at low speed, making it easy prey for a German U-Boat. Falling victim to an enemy torpedo the ship sank 4,700 meters taking with it its cargo of silver and military supplies to the bottom of the North Atlantic.

While being marked as 1,106.5 ounces the actual recovered weight is only slightly less than the original by 4.8 ounces. Deeply toned and showing only mild evidence of its long period of being submerged.

Due to the weight of this item, shipping will be $150 and sent by FedEx Ground.

Shipping within the U.S. only.
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Sales tax:Sales Tax is only charged on this item for residents of California if your invoice total of numismatic/bullion items is less than $1,500.

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