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July 04, 2014

COIN OF THE WEEK

RARE 1860-S $10 EAGLE S.S. REPUBLIC NGC AU58
Click on Coin Image to enlarge

1793 Wreath Cent

Rare 1860-S $10 SS Republic NGC AU58 - $38,900.00

1860-S $10 Republic, NGC AU58. Here is a near-Mint State, AU58 shipwrecked 1860-S Eagle from the SS Republic. The coin comes with a box and blue tag showing its provenance.

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

The surfaces of the piece are clean for the grade with no notable abrasion marks that might require individual description, nor are there any other problems. Yellow and greenish gold predominate on the obverse, while the reverse adds light rose gold on the devices and at each side at the periphery. The strike is strong with full details on the centers of the stars, Liberty’s hair, the eagle’s neck, and the area to the lower left of the shield.

The coin, probably “passenger gold” is one of three recovered from the Republic and certified by NGC. During the California Gold Rush, the SS Republic, then called the Tennessee, was used to transport miners to the shore of Panama and Nicaragua to travel to the California gold fields. For several years the ship was used to carry immigrants to the Unites States from Mexico. When the Civil War began, the ship was docked in New Orleans. She was seized by the Confederates and used as a blockade runner. After the capture of New Orleans by the North, she became the flagship of Admiral Farragut for the end of the Mississippi Campaign.

In 1864, she resumed transporting passengers and cargo from New York to New Orleans. The next year she sank in a hurricane off the coast of Savannah. In 2003, the Odyssey Republic Expedition, after twelve years of searching, discovered and began the recovery of the ship’s treasure. The cargo had been untouched for 138 years approximately 100 miles off the coast of Georgia. “Lost Gold of the Republic,” a film produced by National Graphic, documents the discovery and recovery. The coins recovered from the SS Republic are labeled as such by NGC and its affiliate NCS not only to note the historic significance of the coins, but also to indicate that these coins have been professionally conserved.

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NEW COINS ADDED - (The week of 7/04/2014)

1847-D Liberty $2.50 PCGS MS62

1849-C Liberty $2.50 NGC AU58

1849-D Liberty $2.50 PCGS MS61

1852-C Liberty $2.50 PCGS MS61

1854-C Liberty $2.50 PCGS MS62

1855-C Liberty $2.50 NGC MS61

1856-C Liberty $2.50 NGC MS63

1862 Liberty $2.50 NGC MS61

1862 $2.50 NGC MS61

1862/1 Liberty $2.50 PCGS MS64

1795 Large 1C, Plain Edge, PCGS VF30 CAC

1850 Large 1C PCGS MS64+ RED CAC

1872 Liberty $2.50 PCGS Proof 65 CAM CAC

1868-S Liberty $2.50 PCGS MS62

1873-S Liberty $2.50 PCGS MS63

1896 Liberty $2.50 PCGS Proof 65 DCAM CAC

1900 Liberty $2.50 PCGS Proof 65 DCAM CAC

1901 Libety $2.50 PCGS Proof 66 DCAM CAC

1902 Liberty $2.50 NGC MS68

1906 Liberty $2.50 NGC PF66 CAMEO

1910 Indian $2.50 NGC PF66

1854-O $3 PCGS AU55

1854-O $3 NGC AU55

1855 $3 PCGS MS63

1855 $3 PCGS MS63

 

Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


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