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Lot
5902

1857-S $20 MS66 PCGS. CAC. Variety 20-A....

2013 August 8 - 10 US Coins Signature Auction - Rosemont #1188

 
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Auction Ended On: Aug 9, 2013
Item Activity: 8 Internet/mail/phone bidders
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Location: Hyatt Rosemont
6350 N. River Road
Rosemont, IL
60018
Description:
1857-S Spiked Shield Twenty, MS66
Great S.S. Central America Coin
1857-S $20 MS66 PCGS. CAC. Variety 20-A. Ex: S.S. Central America. SSCA 3735. An old folk-saying warns not to put all of one's eggs in a single basket, and the Central America was quite the "basket" on its fateful voyage, carrying more than $2 million in gold at a time when it was valued at less than $21 per troy ounce. When the Central America was lost, it caused great disruption in New York's markets as those who were counting on its gold to come were sent scrambling. This Spiked Shield 1857-S twenty, originally on a course for New York but sent on a decades-long detour, is carefully preserved with pale yellow interiors and richer orange peripheral color. Well-defined and delightful. Comes with book-style case, certificate of authenticity, and outer box.(Registry values: N7079) (NGC ID# 2696, PCGS# 8922)

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