1847-O Republic $10 (1847-O Republic Eagle), NGC AU55. This Southern branch mint, shipwrecked 1847-O Eagle comes with the provenance of the ill-fated S.S. Republic. 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 coin shows significant remaining mint luster. Sufficient separation in the lines of Libertys hair and the top of the coronet exists to allow for the grade. The strike is typical for this date and mint.

The Coronet Liberty Head, No Motto eagle, designed by Christian Gobrecht, shows Liberty facing left in profile 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. The mintmark is above the denomination between the E and N.

When the Civil War began, the Republic, a transport 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 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.