1977

1857-S $20 Liberty PCGS MS64 Narrow Serif

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1,750.00 USD Estimated At:7,000.00 - 8,000.00 USD
1857-S $20 Liberty PCGS MS64 Narrow Serif
Gorgeous bright frosty luster, essentially "as struck" -- an beautiful coin if you have never seen one of these exciting double eagles extracted from the shipwreck of the S. S. Central America!

The mint at San Francisco opened in 1854 to coin the flood of gold bullion originating from California's Sierra Nevada mother lodes. From gold's discovery in 1848 until the mint opened, a number of private mints operated in this part of the state. Much of the issue from San Francisco went east through various channels to satisfy the needs of commerce and for use as export. Those double eagles that stayed behind in California were used a currency since the state's residents shunned paper money of any kind. The Mint State 64 offered here is quite spectacular and among the choicest in existence. Perhaps only a few thousand frosty original coins exist out of the original mintage. These trace to the shipwreck of the passenger liner S. S. Central America, which floundered off the East Coast in a storm late in 1857.