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Lot
6850

1857-S $20 Spiked Shield MS65 PCGS. CAC. Variety 20A....

2013 September 25 - 29 US Coins Signature Auction - Long Beach #1189

 
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Auction Ended On: Sep 27, 2013
Item Activity: 6 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
1857-S Double Eagle, MS65
An
S.S. Central America Treasure
1857-S $20 Spiked Shield MS65 PCGS. CAC. Variety 20A. Ex: S.S. Central America. SSCA 3651. What should have been an ordinary sailing, Havana to New York City, took a terribly wrong turn when the Central America encountered a hurricane off the Carolina coast. The ship sank, taking millions of dollars in gold to the bottom of the sea -- millions in 1857 terms, when a troy ounce of gold was valued at $20.67. This Gem 1857-S double eagle is a tiny but beautiful part of that treasure, bright with cartwheel luster and showing the Central America double eagles' signature look of deep sun-orange rims and pale interiors.(Registry values: P2) (Variety PCGS# 70000, Base PCGS# 8922)

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