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Lot 3005 |
1857-O $20 MS60 Prooflike NGC....
Auction: 2009 February Long Beach, CA Signature US Coin Auction #1122
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | Feb 5, 2009 |
| Item Activity: |
10 Internet/mail/phone bidders
 917 page views |
Description:
High-Grade 1857-O Twenty, MS60 Prooflike
Ex: S.S. Republic
1857-O $20 MS60 Prooflike NGC. Ex: S.S. Republic. The S.S. Republic, a ship of many names, had a long, rich history in the dozen years between its launch and its demise. As the S.S. Tennessee, it ran the Atlantic leg of the Central American route to the gold digs of California, and when the flow of passengers waned, it shifted to a route between a Mexican port and New Orleans, carrying passengers and cargo, including multiple shipments of Mexican specie. During the Civil War, it was captured by the Confederacy and named the C.S.S. Tennessee, taken by the Union and named the U.S.S. Tennessee, renamed the U.S.S. Mobile after the capture of another confederate ship named C.S.S. Tennessee, and finally sold back into civilian service close to the war's end, when it was renamed the S.S. Republic. Its time as the Republic was the shortest of all, and the ship sank late in 1865, taking down with it a cargo of American gold and silver.In his second edition of Gold Coins of the New Orleans Mint, Doug Winter lists seven distinct Uncirculated pieces in his informal census of 1857-O double eagles, with an additional listing of the eighth Mint State coin in the combined certified population. Since publication, only one new Mint State example has surfaced, an NGC MS61.
The present coin, number 6 in Winter's census, has gleaming, distinctly reflective yellow-gold surfaces that show no trace of wear. The strike is distinctly above-average, with uncommonly strong definition on the portrait and the peripheral stars of the obverse. While numerous light to moderate abrasions pepper each side, the coin retains significant visual appeal. A fascinating and historic example of this popular O-mint issue, one that combines amazing reflectivity and a fantastic shipwreck history. (#78921)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1118, Lot 2400 | Saturday, December 6, 2008 | 60 | NGC | $40,250.00 |
| Auction 1102, Lot 1638 | Friday, March 7, 2008 | 60 | NGC | $46,000.00 |
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