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S.S. Central America Shipwreck 1856-S $20 Double Eagle

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S.S. Central America Shipwreck 1856-S $20 Double Eagle

Lot 0155A Details

Description
One S.S. Central America 1856-S $20 Liberty Head Double Eagle Gold Coin PCGS MS60 Full Serif Bold S. On September 3, 1857 the S.S. Central America left Panama for New York carrying up to 20 tons of gold, on September 10 they encountered a hurricane off the coast of the Carolinas which caused the ship to spring a leak. By 8pm on September 12th about 160 miles east of Cape Hatteras North Carolina the ship had sunk losing its passengers, crew, and treasure to the bottom of the sea not to be seen again for nearly 130 years. In 1857 the sunken treasure was worth an estimated $2 million, or $300 million today. Collecting shipwreck gold has always been desirable amongst collectors because they are increasingly rare. Of the thousands of ships that have sunk, few have been recovered and even fewer were carrying gold coins and nuggets of this caliber. For collectors the chance to own a coin from one of the most famous shipwrecks in American history is too much to pass up, making these coins increasingly sought after. These recovered coins have been encapsulated and graded by PCGS with both the curated coin and "pinches" of recovered gold dust which is about equal to a California 50 Cent gold piece of dust. Don't miss your chance to own an epic piece of American History shipwrecked gold. PCGS Graded.
Condition
As-Is
Buyer's Premium
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S.S. Central America Shipwreck 1856-S $20 Double Eagle

Estimate $10,500 - $12,500
Oct 06, 2018
Starting Price $1
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Ships fromWestlake Village, CA, United States
BK Auctions

BK Auctions

Westlake Village, CA, USA
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0155A: S.S. Central America Shipwreck 1856-S $20 Double Eagle

Sold for $8,750
23 Bids
Est. $10,500 - $12,500Starting Price $1
Shipwreck Gold & Numismatic Rarities Auction
Sat, Oct 06, 2018 10:00 AM EDT
Buyer's Premium 15%

Lot 0155A Details

Description
...
One S.S. Central America 1856-S $20 Liberty Head Double Eagle Gold Coin PCGS MS60 Full Serif Bold S. On September 3, 1857 the S.S. Central America left Panama for New York carrying up to 20 tons of gold, on September 10 they encountered a hurricane off the coast of the Carolinas which caused the ship to spring a leak. By 8pm on September 12th about 160 miles east of Cape Hatteras North Carolina the ship had sunk losing its passengers, crew, and treasure to the bottom of the sea not to be seen again for nearly 130 years. In 1857 the sunken treasure was worth an estimated $2 million, or $300 million today. Collecting shipwreck gold has always been desirable amongst collectors because they are increasingly rare. Of the thousands of ships that have sunk, few have been recovered and even fewer were carrying gold coins and nuggets of this caliber. For collectors the chance to own a coin from one of the most famous shipwrecks in American history is too much to pass up, making these coins increasingly sought after. These recovered coins have been encapsulated and graded by PCGS with both the curated coin and "pinches" of recovered gold dust which is about equal to a California 50 Cent gold piece of dust. Don't miss your chance to own an epic piece of American History shipwrecked gold. PCGS Graded.
Condition
...
As-Is

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