20th Apr, 2011 12:00

Maritime and Scientific Models, Instruments & Art (Princess)

 
  Lot 165
 

165

[M] A GOLD SOVEREIGN RECOVERED FROM THE WRECK OF...

A GOLD SOVEREIGN RECOVERED FROM THE WRECK OF THE P & O LINER EGYPT
minted 1915 (George V), and contained in plush-lined box with certificate dated 30th June 1932 -- 8.1g

One of five sisters built by P&O for the Indian and Australian service (the others being India, China, Arabia and Persia) they were the largest additions yet made when completed in 1897. Surviving the Great War (unlike Persia, India and Arabia who were all torpedoed) she was unfortunate in colliding in fog with the French ship Seine off Ushant. She sank 20th May, 1922, in 20 minutes with the loss of eighty-six souls and bullion then valued at £1,054,000 (about £22 million today). By 1935 most of this had been salvaged by the Italian salvage vessel Artiglio.

Sold for £422
Estimated at £250 - £400

(inc. buyer's premium of 24%)


 
A GOLD SOVEREIGN RECOVERED FROM THE WRECK OF THE P & O LINER EGYPT
minted 1915 (George V), and contained in plush-lined box with certificate dated 30th June 1932 -- 8.1g

One of five sisters built by P&O for the Indian and Australian service (the others being India, China, Arabia and Persia) they were the largest additions yet made when completed in 1897. Surviving the Great War (unlike Persia, India and Arabia who were all torpedoed) she was unfortunate in colliding in fog with the French ship Seine off Ushant. She sank 20th May, 1922, in 20 minutes with the loss of eighty-six souls and bullion then valued at £1,054,000 (about £22 million today). By 1935 most of this had been salvaged by the Italian salvage vessel Artiglio.
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