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Baldwin's of St. James's
Auction 38  26 Sep 2019
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Lot 1363

Estimate: 300 GBP
Price realized: 360 GBP
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G British Coins, Victoria, a sea-salvage sovereign, 1894S, veiled bust l., rev. St. George and the dragon, S above date (S.3877), in fitted case for Lloyds of London, with certificate signed by P. G. Mackinnon, Chairman, stained, very fine
From the wreck of the P & O liner S.S. Egypt, recovered in 1932.
Sold with two scarce books by David Scott: 'Seventy Fathoms Deep', London, 1931 and 'The Egypt's Gold', London, 1932.
The S.S. Egypt was built in Greenock and launched in 1897. She had served as a hospital ship during the Great War. On 19 May 1922 she sailed from Tilbury, carrying only 44 passengers but a cargo of gold and silver bullion and gold sovereigns worth over £1 million (upwards of £200 million today). Engulfed in thick fog, she was rammed by a French ice-breaker, the Seine, and sank in less than 20 minutes with the loss of 86 of the 352 people on board. The Egypt′s wreck was found in 1930, lying upright in 70 fathoms. The present coin was recovered by the Italian salvage steamer Antiglio in June 1932. The salvage continued until 1935 by which time 98% of the contents of the strong room had been recovered.
Sir Percy Graham MacKinnon (1872 – 1956), five times Chairman of Lloyds.
(300-350 GBP)
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