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Wednesday, October 14, 2026

10/14/26 Report - 1715 Fleet Salvage History. Bruce Ward. Greenies at Auction. Provenance. Jewelry Prices.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.




I was browsing the current Sedwick treasure auction when I noticed a couple unusual looking cobs.  Shown above, they are called "greenies" and have an unusual patina for 1715 Fleet cobs.  They are ex-Bruce Ward coins.

If you don't know who Bruce Ward is, he is credited for finding the "Colored Beach" wreck.  Of course, that is the John Brooks/Frederick Douglass wreck.  Many beaches in many locations were at one time know as "Colored Beach."  

Back in the day of segregation black people usually were left with some of the less desirable beaches.   Many communities had them, and I've detected a few of them.  In many cases, back when I started metal detecting a good number of them were overgrown and abandoned.    example, was beach on Virigina Key near Key Biscayne where I metal detected before it was renovated produced a lot of silver coins when the dunes where the colored beach was eroded.  Of course, you didn't find a lot of valuable stuff on those beaches, but they were good for modern silver coins.  I undoubtedly wrote on that before.



I posted about Bruce Ward before.  Jammin Jack purchased some coins from Bruce Ward's estate sale and sent me some pictures from the January 1965 issue of Argosy Magazine that featured an article about Bruce Ward. I posted more pictures, including one showing a dive raft that Ward put together.

Here is the link to the post I did on that.

The Treasure Beaches Report Direct From Florida's Treasure Coast. Copyright 2001 - 2026.: 1/20/20 Report - Some History of Treasure Coast Treasure Hunting: Bruce Ward. Bigger Surf Coming.

I found the Bruce Ward "greenies" when I was browsing the first session of the Sedwick auction. 

The session started with a bunch of gold cobs, included some bars and ended with a bunch, and I do mean a bunch of silver coins.  The first session includes something like 450 lots.

Most of the lots had no bids yet, but the one Ward coin shown above did have an early bid.  In some ways you might consider it an unremarkable example, but it has a great provenance from the early days of the 1715 wreck salvage efforts.

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On a related note, here is an article on how brand heritage and provenance also shapes jewelry auction prices.

Even while gold prices remain high, all the lab made diamonds and doctored gemstones make for a confusing picture when it comes to gem stone prices.  It is no surprise that provenance is playing a more important role.


Brand premium example: A Harry Winston diamond ring sold for CHF 4.2 million, surpassing its high estimate by 23%, illustrating brand-driven value.

Provenance value boost: Documented history can increase jewelry auction prices by 20–40%, adding value beyond the intrinsic quality of the gems.

Cross-market lesson: In jewelry, art, and coins, provenance and brand heritage combined with expert verification can significantly enhance value.

Here is the link for more about that.

How brand heritage and provenance are shaping jewelry auction values

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The surf is small and remain at only one or two feet for a few days.

We are still getting some nice high tides.

Good hunting,

TreasureGuide@comcast.net

Tuesday, October 13, 2026

10/13/26 Report - More History of Treasure Hunting and Colonial America. Joseph Smith. New Beta Site. Continuing Low Surf on Treasure Coast.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.


From Sedwick Associates Current Auction Catalog.  (link below).

Sedwick and Associates has a new Beta auction site.  I took a look and it seemed pretty convenient. 

Of course there are many lots to look at.  You might want to use the new site to browse the listings.

Above are a few sample lots.

Treasure, World Coin & Paper Money Auction 40 - Sedwick & Associates, LLC

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Yesterday I gave a little of the history of treasure hunting in colonial America. Today I'll give you some excerpts and a little commentary on an interesting and extensive article entitled The Persisting Idea of American Treasure Hunting by Ronald W. Walker.  The article was published in the BYU Studies Quarterly.  The connection with BYU is not coincidental. Joseph Smith, who founded Mormonism, was known to have done some treasure hunting, some of which led directly to his founding documents.

In 1823, he [Joseph Smith] said he was visited by an angel who directed him to a buried book of golden plates inscribed with a Judeo-Christian history of an ancient American civilization. In 1830, Smith published the Book of Mormon, which he described as an English translation of those plates (From Wikipedia).

The article provides some interesting history of both treasure hunting and colonial America more generally.  It was a struggle for me to keep my commentary brief.   


But back to the article on the history of treasure hunting in America.

Here is the first excerpt from the article that I'll comment on.

From colonial times to at least the age of Jackson, Americans dug for magical treasure.  There were hundreds and probably thousands of these money diggers all seeking troves of fabled coins, mines, jewels and other valued prizes.  They worked from the Atlantic coast to the Mississippi hinterlands, and in a few localities heaped up tailings that rivaled those of the later forty niners.  Yet for all this prodigious toil their finds were as rare as Merlin's transmuted gold.  What made them persist relying on an immemorial but now forgotten world view, the money diggers placed faith in conjuring elemental spirits, thrice spoken dreams, seeric gifts and enchanted treasure that could slip and rumble through the earth as easily as a fish moving through the deep.  The modern age will probably never fully understand the diggers strange compound of treasure seeking, religious feeling and intense psychological devotion to an old but fading way of life.  Theirs was another world which we can speak of but hardly enter.

It is always difficult to know how many finds are actually made.  Treasure digging can be a private or clandestine activity, so there is not always a lot of sharing and there is often a good bit of hearsay or rumor.  There are always enough verified examples, though, to generate excitement.

People generally don't understand life in other historical times.  It isn't easy.  In fact, it might be impossible. You can gather some facts or stories, but that only gives a very small sliver of the picture.  People impose their own reality onto previous times.  

Take for example how the young of today complain that they don't expect to ever have it as good as their parents.  But they don't understand how long or what it took for their parents to get what they got.  They didn't get there from the start.  They built it.  And what the new generation expects includes a lot that didn't even exist in the past.  AI and Starlink to just name a couple.  

It is extremely difficult to imagine today going outside to go the bathroom in the middle of the night or using a chanber pot!  Gone With the Wind didn't show how Scarlet O'Hara went to the bathroom with a cage hoop skirt, multiple petticoats, corset, chemise and pantaloons.  That would be a problem if you were in a real hurry.  All I'm trying to say is that we don't think of everything (actually very little) and can't realistically imaging life in historic times.  It is difficult enough to understand our own times.


Another excerpt from the article follows.

Treasure itself, the people realized, was active. It might rise or fall, grow or multiply and after seven years (some said a hundred years were necessary) "blossom" or "sun" itself near the earths surface. At such times, particularly during a full moon, the treasure became "will o' the wisp," giving off a bluish flame and therefore especially susceptible to recovery...

But getting the treasure was always difficult and harrowing. If not recovered quickly the trove sank into the earth's depths until its next far-in-the-future blooming...


I talk of things that are in a way remotely similar.  Treasure is active - especially when it is on a beach or in the shallow water.  I often talk about how things sink or move on a beach.  Treasures move on land as well.  Landscapes change, either subtly or on a larger scale though any of a variety of natural or man forces.  

Our explanations and descriptions employ different terms and a different worldview.  We emphasize science and technology.  The way I look at it, there is a lot of myth in science, but I can't explain that now.   I also often mention the phases of the moon, which affects the tides as well as the best times to hunt.  How many times have I talked about making hay while the sun shines, meaning taking advantage of opportunities while they exist because they might quickly disappear.  Not so different!

Another excerpt..

Faced with these obstacles, the European treasure seeker tried to narrow the odds to facilitate his search. He listened carefully to the treasure dreams of a pure or innocent youth, who it was believed had special powers to discern and recover the subterranean bounty, earth mirrors, seer stones, or divining rods crafted from hazel or mistletoe were also thought to be useful searching tools. Many seekers used a magic manual like the Sixth and Seventh Books of Moses...

The Sixth and Seventh Books of Moses is a magical text allegedly written by Moses and passed down as hidden (or lost) books of the Hebrew Bible. Self-described as "the wonderful arts of the old Hebrews taken from the Mosaic books of the Kabbalah and the Talmud", it is actually a manual of sorcery or text of magical incantations and seals, that purports to instruct the reader in the spells used to create some of the miracles portrayed in the Bible as well as to grant other forms of good fortune and good health. (See Wikipedia)

Today we put a lot of faith in our treasure finding detectors that seem almost magical in "seeing" treasure buried beneath the earth in measured inches.  Outside of our more scientific technical worldviews, it doesn't seem to me things have changed as much as a superficial analysis might suggest.

Many treasure hunters saw themselves as working close to the sacred presence. Such religious feeling made their practices tenacious and enduring...
 
Folklorist Harry Hyatt observed that treasure hunting is something more than monetary value.  It is a part of eternal hope, a mystical quest, the satisfaction of an unfulfilled dream.  Magical treasure hunting was something more.  It was part of the culture and religion of the folk.  For people who were untutored in the emerging new science it helped to give their everyday life meaning.  Theirs was the higher and hidden truth, a blend of humankind's deep myths and Christian ideas.  The old way that eventually faltered before the onslaught of modern science and the triumph of a new world view.

I think the folklorist has it definitely right that it is about much more than the monetary value.  There is still a bit of a mythological feeling in the search even though a new technological worldview has replaced the old forms and explanations.

Here is the link for the rest of the article that I liberally exce

The Persisting Idea of American Treasure Hunting

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From Fort Pierce South Jetty Beach Cam Tuesday Evening.




Surf Chart for Fort Pierce Area from Surfguru.com.

The surf is near flat, but you can see that the effect of the high tides on the beach.


Good hunting,
Treasureguide@Comcast.net

Monday, October 12, 2026

10/12/26 Report - Some Treasure Hunting History. Long Before Detectorists There Were Money Diggers in Colonial America.

 

Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.


Plague Telling of Money Diggers in Charleston, SC the 1830s.


Long before the California Gold Rush, Americans were already digging for sudden wealth. These treasure hunters, often called Money Diggers, searched for coins, bullion, pirate chests, Spanish mines, and valuables supposedly hidden during wars. The practice became especially visible in the Northeast between about 1780 and 1830. It combined economic hope, local folklore, Christian belief, folk magic, and the dream that one discovery could transform a person’s life....

Charleston was an ideal setting for such stories because its pirate history was real. Piracy flourished along the South Carolina coast during the colony’s early years and again near the end of the Golden Age of Piracy. In May 1718, Blackbeard blockaded Charleston Harbor for about a week, captured ships and hostages, and demanded medical supplies. The pirate Stede Bonnet also operated in Charleston, hid on Sullivan’s Island after escaping custody, and was executed in Charleston later that year. These events placed pirates, valuable cargo, specie, secrecy, and violence inside Charleston’s living memory...

From Money Diggers in Charleston | Chucktown Tours

In Matthew 13:44, Jesus says: “The kingdom of heaven is like treasure hidden in a field. When a man found it, he hid it again, and in his joy went and sold all he had and bought that field.”

The man in the parable didn't just slyly make off with the treasure but first did what was required to make it rightfully belong to him.  The purpose of the parable was not to explain treasure law: It was about the preciousness of heaven and the wisdom of being willing to give up all to obtain it.  But the parable also shows that buried treasure was sought centuries ago and was a subject that the audience would understand and relate to.

Treasure hunting was talked about much farther back in time than that.  It should not be surprising then, that treasure hunting was a common practice in American colonial times.  On the Treasure Coast we are well aware of how the Spanish sought treasure in the New World, and how that resulted in the treasure hunting opportunities that made the Treasure Coast famous, but you might be surprised to learn of the treasure seeking mania that ran rampant in the British colonies in earlier centuries.  They were often occupied with seeking Spanish or pirate treasures.  That is well documented.  Even Benjamin Franklin wrote about it. 

Before rods were used to support metal detector coils, divining rods of hazel and other materials, were used to find treasure. Those rods are the ancestors of the dowsing rods I remember seeing advertised in the treasure magazines of just a few decades ago.  Those in the treasure magazines looked very much like the one shown below.  It looks more modern and technological than the forked limb of a hazel tree that was often the choice in colonial America, but the principle is much the same.


You might be surprised to learn that before the British TV series, The Detectorists, or Duck Family Treasure or Curse of Oak Island, there was Washington Irving's The Money Diggers (1825), Poe's Gold Bug, and to go back much farther, the copper scrolls of Qumran that document the location of over sixty hidden treasures.

Before the modern Treasure Coast treasure salvors, there were Kip Wagner and Charles Higgs, who discovered beach cobs and explored the shipwreck salvage camp near the Sebastian Inlet.

Way back before the term "detectorist," which as far as I know was only widely adopted about a decade ago, "money diggers" was the common term. used to describe treasure hunters.  The term "detectorist" is an excellent descriptor in some cases but perhaps not the best in others.  I won't get into all of that now.  I've talked about that before.

Detectorists today are very much focused on the technology, as the term suggests.  Other aspects of the discipline, including things such as search strategies and techniques, often do not receive enough attention.

Treasure hunting has changed a lot over the centuries and decades in some ways but not in others.  The supernatural seemed to play a larger role in colonial times.  Needing some form of assistance for the difficult, if not impossible, task of fulfilling dreams, we turn to technology, where the money diggers used what we might call today superstition.

The human element remains much the same.  The motives, hope, excitement and feeling of challenge and adventure remain the same.  The vulnerability to myth and superstition has not disappeared.  Those things have just put on another face.  Our modern myths better conform to the culture and the modern mind.

As numerous as they are, our modern myths are not totally useless.  Most often they contain some kernel of truth or usefulness.  Benjamin Franklin's hugely successful Poor Richard's almanac provided calendars, weather forecasts, proverbs, poems, and practical advice.  While not totally accurate by modern standards, it still proved useful to many.  Man always fills the void with beliefs.

In previous posts I talked about some of the more common metal detecting myths.  Maybe "myth" is too strong of a word here.  Maybe it would be better to describe them as inaccuracies - of which there are many that are often repeated and widely accepted.   I've addressed many of those before.  I think I once did a post on five common metal detecting myths, but I can't find it right now.  

I once read that as much as people talk about buried pirate treasures, they are actually extremely rare.  The article explained the reasons they are so extremely rare despite the attention they receive.
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One example I like to use is how we previously thought of an atom as a kind of miniature universe.  Electrons were thought of or described as particles, but now they are more often described as waves or fields.  The old conceptualization was useful for a while but failed to adequately explain newer observations.  

The way we think of things and describe them can change but the underlying reality does not.  Hopefully the new concepts will work better in some way.

While treasure hunting has changed significantly over the centuries, much has remained the same.  The technology, techniques and terminology have changed.  Some of the myths and superstitions are different, but there are still plenty of myths and superstitions.  

Seeking is human, so is the vast unknown, so mystery remains a big part of treasure hunting - a very significant part that add to its appeal.  The mystery gives us space to fill with satisfying myths.

You can learn a lot by studying the long history of treasure hunting.  Today I referred to some documents that you might enjoy reading in full.

This was not an easy post for me.  I barely scratched the surface of several topics that could have easily gone on for many pages.  I had to constantly resist getting too deep into some of my favorite topics.  I plan to continue with some of the topics I just barely touched on today in future posts.

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Below is a picture of Fort Pierce South Beach as viewed Sunday evening.

Clip from Fort Pierce South Jetty Beach Cam.

We are having a calm surf and some very high tides.  You can see the effect of the high tides in that picture.  

The surf will remain small for at least a couple days.

Good hunting,
Treasureguide@comcast.net

Saturday, October 10, 2026

10/9/26 Report - Variety of Shipwreck Treasures to be Auctioned. Isaias and the Florida Panhandle. Memorable Occurence.


Written by the TreasureGuide for the exclusive use of the Treasure Beaches Report.


Wabasso Beach Saturday Morning.
From Wabasso Beach Cam.

In contrast to some of the Florida Panhandle, which just sustained the impact of Isais as a category 2 hurricane, the Treasure Coast is very calm this morning.  The surf is only about one or two feet, but the high tide will be over three feet.  The wind is mostly from the south. 

Isaias made landfall near Destin, Florida, on Friday evening as a 105-mph Category 2 -- just 6 mph below Category 3 intensity on the Saffir-Simpson Hurricane Wind Scale. Isaias will continue to lose wind intensity as it moves over the interior United States. As storm surge flooding and winds subside along the Gulf Coast, torrential rainfall, gusty winds and tornadoes will occur inland this weekend...

Here are some links for more about Hurricane Isaias.fi

Isaias makes landfall along central Gulf Coast as flooding, damaging winds spread inland

 Live Updates: Nearly 900,000 without power as Isaias pushes across Southeast

Back in the day I traveled frequently to Pensacola for business and did a lot of metal detecting up there.  Many good finds and fond memories.  I often stayed at the Holiday Inn at Gulf Breeze.  I remember one of my first finds up there.  It was a nice heavy man's gold onyx ring in shallow water directly behind the hotel with my Aquanaut 1280.  That was the metal detector that opened up a lot of good metal detecting for me in my early days in the hobby.  

There is a lot of good history and metal detecting up in the Florida Panhandle.  I've done posts on that in the past.

I can imagine some of the opportunities that Isaias opened up.

I was thinking yesterday of a strange occurrence.   This was back in the day before cell phones.  

I stopped at one of the more out-of-the-way beaches not far from Pensacola and got out of the car.  An older fellow (not as old as I am now) was bringing a cooler back to his car.  He just came over the elevated boardwalk over the dunes.  He had his hands very full.  I helped him by taking the ice cooler to his car.  That is the first and only time I remember doing that for someone like that.  He probably thought it was strange too.  Maybe was a little suspicious.

A few family members followed with beach blankets and other stuff.  I got my metal detector out of my car and went to the beach.  In a few minutes the fellow or some of his family returned to the beach after I thought they were gone.  They said they couldn't find their keys.  It didn't take me long to find them.

This beach was not close to anything where they could have found help and no one else was at that beach at the time and they didn't have a cell phone to make a call and the road had no other traffic, so it could have been pretty problematic for them if I didn't happen to come along.  It still feels to me like a strange occurrence that makes me feel like it was all part of something bigger somehow.

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Another Sedwick treasure auction is scheduled.  Take a look at some of the offerings.

I find the odd shaped cobs most interesting.

sewick & associates auction 40


Collectors of Mexican gold will find a particularly significant opportunity in the three denominations of 1732, the first year of machine struck gold coinage in the Americas. Offered individually in lots 1205 through 1207, the 4 escudos in NGC MS 60 (lot 1205), 2 escudos in NGC AU 58 (lot 1206), and 1 escudo in NGC MS 61 (lot 1207) form an exceptional group, all at the top of their respective NGC censuses.

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The Special Collection of Odd Shaped Mexican Cobs provides an engaging look at colonial mint production. Assembled over many years, its 67 pieces demonstrate the extraordinary forms created in the preparation and cutting of silver blanks, including elongated flans, unusual projections, and natural holes. With examples from the 1715 Fleet and other documented recoveries, this distinctive collection has much to offer collectors of cobs in general.



Chile is especially well represented in the difficult colonial gold denominations of 4, 2, and 1 escudos. The celebrated Santiago 1758 J 2 escudos from the Segarra Collection, NGC AU 53 (lot 860), leads this offering as one of only three known. Further selections from the Val y Mexía Collection accompany an extensive run of colonial portrait silver and smaller denominations. The rare La Serena countermarked 4 reales from the Virgil Brand Collection (lot 916) deserves particular attention.


The Colombian offering presents hundreds of coins at a range of levels suitable for both advanced collectors and those beginning to explore the series. With many uncertified examples and unusually complete selections, it provides a rarely seen opportunity to follow the development of Colombian coinage from its early Bogotá and Cartagena cobs through colonial portrait issues, Republican gold and silver, and patterns.


The Bogotá 1769 JV “rat nose” 8 escudos, NGC MS 62 (lot 958), represents one of the principal Colombian rarities in the sale, while the 1870 Popayán gold 10 pesos (lot 1057) and 1869 silver 5 décimos (lot 1066) are important Republican highlights. Together, the group offers both significant individual pieces and the breadth needed to build or expand a collection across the history of Colombian coinage. Important pedigrees from established collections and earlier auctions appear throughout this section as well.



Be sure to review the final online only session on November 7, with additional coins and collecting groups across a wide range of estimates. We thank our consignors for entrusting us with this material and wish all our bidders the best of luck in Auction 40!


Sincerely,
Sedwick & Associates
www.sedwickcoins.com



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Good hunting,
TreasureGuide@comcast.net