1865 $20 MS62 NGC....

Description

Gleaming MS62 1865 Double Eagle
From the S.S. Republic

1865 $20 MS62 NGC. Ex: S.S. Republic. In late October 1865, the S.S. Republic was headed to New Orleans with a cargo of gold and silver coinage, meant to supply the Louisiana city with the hard money it had lacked during the Civil War. The cargo never arrived; on the 25th, the Republic sank in a hurricane off the coast of Georgia. It was not until 2003 that the Republic was rediscovered and her cargo of coins brought back to the surface. This is a remarkable MS62 1865 double eagle, struck the same year of the wreck, strongly struck with bright canary-gold luster. The fields show mostly shallow marks, though the portrait shows a number of grade-influencing abrasions. Still, an important example of the date and an attractive piece of shipwreck history.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 269U, PCGS# 8943, GSID# 9802)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 351,200

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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