SOLD
11,000.00USDto floor+ buyer's premium
This item SOLD at 2007 Jan 04 @ 23:15UTC-05:00 : EST/CDT
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<B>1857-S $10 MS63 NGC.</B></I> Ex: <I>S.S. Central America.</B></I> Writing in 1980, David Akers commented regarding this issue, "Low grade specimens are the norm for this date yet the 1857-S is sufficiently rare that even VF and EF examples are seldom seen. I have seen two or three AU's but have neither seen nor heard of a strictly uncirculated piece. The 1857-S is just as rare as the lower mintage 1857-O and is very nearly as rare as the 1855-S. It is considerably more rare than the 1854-S or 1856-S." Of course, Akers wrote those words before the Columbus-America Discovery Group began hauling up 1857-S double eagles by the bucketload up from the ocean's depths during the salvage of the <I>S.S. Central America</B></I> bounty. However, the 1857-S <I>eagle</B></I> remains today quite rare: <B>This is the finest Mint State piece at NGC by two full points, and the only specimen that NGC has encapsulated with the <I>S.S. Central America</B></I> pedigree.</B></I> The other Mint State piece at NGC is an MS61, ex: <I>S.S. Republic.</B></I> PCGS has graded six Mint State coins, two each in MS62, MS63, and MS64, none with the SSCA pedigree.<BR> While the ill-fated steamship carried large crates full of freshly minted double eagles, this eagle might have been a piece carried by a passenger who boarded the <I>S.S. Sonora</B></I> in San Francisco for the trip to Panama. (The <I>S.S. Central America</B></I> made the second, Atlantic Ocean leg, bound for New York from the eastern side of Panama.) This piece offers brilliant yellow-gold surfaces with only a touch of light haze around the obverse periphery. A couple of light reeding marks and other signs of contact account for the grade. The mintmark is large and close to the fletchings.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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