A George V gold sovereign, 1912, 'Egypt Salvage', in a Lloyd...

Hammer

£550

A George V gold sovereign, 1912, 'Egypt Salvage', in a Lloyd's of London brown and gilt coat of arms tooled leather presentation case, with a printed card from Lloyd's stating that 'This sovereign was recovered in June 1932 by the Italian Salvage Steamer 'Artiglio' from the P&O steamer 'Egypt' which sank off Ushant on May 20th 1922 in 70 fathoms after collision', facsimile signed by P. G. Mackinnon (Sir Percy Graham MacKinnon), Chairman of Lloyd's, 30th June 1932.
Notes: The SS Egypt sank in the English Channel after colliding with the French ship SS Seine in 1922. She sank with her over 1 million pounds worth of gold and silver ingots and wooden boxes of gold sovereigns. 15 passengers and 71 crew lost their lives during the sinking and 252 were saved. The 1932 salvage is thought to have recovered less than 1,000 sovereigns, with some 14,000 still at the bottom of the ocean.