1857-S $5 S.S. Central America #2 (with pinch) MS(PCGS#670803)

The Regency Auction 43

拍卖行

Legend Rare Coin Auctions

批号

300

等级

MS64

价格

242,664

详细说明

EX S.S. CENTRAL AMERICA This is a truly gorgeous GEM example of this conditionally RARE No Motto $5. Bold, satiny luster sets the brilliantly lustrous surfaces afire with a strong cartwheel flash. A few ancient lines are scattered in the otherwise ultra clean surfaces and can only be seen at certain angles. The fields have accents of a deeper, tangerine-rose gold color that contrasts with the brilliant gold that dominates. Struck from an obverse die that has a re-punched 7 in the dies. The eye appeal is exceptional and the epitome of VERY HIGH END quality. It is a shock to think that this coin sat at the bottom of the ocean for so long! Before the recovery of the S.S. Central America, this was nearly unheard of in Mint State. In fact, the Ed Milas coin, which was sold in May 1995, was called "Possibly the Finest Known" by Stack's and was NGC-graded MS61. With the recovery of the S.S. Central America, a few more Mint State coins came out, but is still a VERY RARE date in such a lofty state of preservation. David Akers wrote the grade most likely to be seen is only VF or EF, and Walter Breen said the date was "prohibtively rare above EF". Both these references were written before the S.S. Central America came up. Famed collections like Norweb and James A. Stack coins were cataloged raw and as being in the XF range. The Bass coin was ex Eliasberg and was graded MS61 by PCGS when sold in 2000. PCGS 6, NGC 0, CAC 4. There has not been a single MS64 sold in 20 years, when Christies sold two examples in their sale of the S.S. Central America treasure (first recovery), where one sold for $36,800 and the other $20,700. While four are graded finer at PCGS, NONE have ever sold in auction. The current PCGS Price Guide value is listed at $42,500 and this near-GEM should bring that or more when the hammer falls. An amazing coin for the greatest set of gold five dollars! Cert. Number 35398604 PCGS # 670803.00