1857-S $20 Spiked Shield S.S. Central America #2 (with Pinch) MS(PCGS#670713)

1857-S $20 Spiked Shield S.S. Central America #2 (with Pinch) MS (PCGS#670713)

The Regency Auction 38

Auctioneer
Legend Rare Coin Auctions
Lot Number
291
Grade
MS63
Price
5,640
Lot Description
From the second S.S. Central America recovery, housed in the oversized holder with a pinch of California gold dust. For an MS63, this coin has a brilliant, blazing luster that radiates vividly on both sides, with a strong flash that illuminates the room. The minute ticks and lines, acquired during a century and a half at the sea floor, are not distracting and do not impact the awesome eye appeal. A truly historic relic of the mid-19th century, a coin that bridges the westward expansion and pioneer/Gold rush years and the Civil War. PCGS graded 32 examples in MS63 from the second round of the recovery. Only one of which has sold, realizing $6,000 in July 2019. The current PCGS Price Guide value is listed at $8,750 and this one has a bold look that will see strong bidding. An affordable, high end, high grade Type 1 double eagle with a great story. Cert. Number 34749512 PCGS # 670713.00
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