1854-S $20 Closed A S.S. Central America #1 Gold Foil MS(PCGS#70032)

1854-S $20 Closed A S.S. Central America #1 Gold Foil MS (PCGS#70032)

The August 2013 Chicago ANA World's Fair of Money

Lot Description: 1854-S Liberty Double Eagle. Variety-11C. Closed A. AU-53 (PCGS). CAC. A historically significant issue that enjoys tremendous popularity among gold specialists, the 1854-S is the first double eagle struck in the San Francisco Mint. Examples are scarce in an absolute sense, and this issue is actually the rarest S-mint twenty of the Type One design after only the 1861-S Paquet Reverse and 1866-S No Motto. Only a small number of 1854-S double eagles was discovered with the shipwreck of the S.S. Central America, and this is one that was previously circulated before the ship's demise. With bright yellow-golden color overall, boldly struck in most areas with light wear and no abrasions of note. Housed in a special gold-label PCGS S.S. Central America holder. PCGS# 70032. Provenance: Ex: S.S. Central America.