1847 $10 SS Republic (1847 Eagle SS Republic) NGC AU58. This Type 1, shipwrecked eagle an above average strike on the obverse and a full strike on the reverse. Most of the obverse stars show full center lines. The reverse has a strong shield and full details on the eagle. There is sufficient separation in the lines of Libertys hair and the back portion of the coronet to warrant the grade. Muted mint luster is seen in protected areas and within the devices.

The Coronet Eagle Liberty Head No Motto, designed by Christian Gobrecht, shows Liberty facing left wearing a LIBERTY inscribed coronet with her hair tied in the back in beads. Two long curls hang down her neck, one in the back and the other on the side. She is surrounded with thirteen six-pointed stars. The date is below the truncation, which shows no drapery. The motif is taken from a Benjamin West painting of Venus. It was also used with modifications for the Large Cents of 1839. The reverse shows a heraldic eagle with outstretched wing looking to the left.

On its chest is the Union shield. In its talons it holds the olive branch and arrows. The error in the previous issue, Scots eagle held the arrows and the olive branches in the wrong talons, is corrected. Except for the tips of the eagles wings UNITED STATES OF AMERICA surrounds the reverse, separated from the denomination TEN D. by dots. Dentils are near the edge on both sides of the coin, and the edge is reeded.

In 1865 the Republic sank in a hurricane off the coast of Savannah with a cargo that contained over 51,000 coins. In 2003, the Odyssey Republic Expedition, after twelve years of searching, discovered and began the recovery of the ships 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 S.S. Republic are labeled as such by NGC and its affiliate NCS not only to note the historic significance of the coin, but also to indicate that these coins have been professionally conserved. The blue NGC tag was used exclusively for coins from the Republic.

NGC has encapsulated 964 eagles from 1847 in all conditions. Of those recovered from the S.S. Republic, 66 are in AU58 with none better.