Price: 5,050.00 - SOLD - 11/26/2010* Free Shipping and Insurance for coins at $10K or above.
1860 $10 Republic (1860 Republic Eagle) NGC AU58. Ex-SS Republic (blue tag). Some bright mint luster remains within the devices of this shipwrecked 1860 Gold Eagle. Light surface abrasion and wear on the highest points keep this coin from a mint state grade. There is also a small scratch under Libertys chin. The scuff marks on the coronet are on the holder not the coin. Except for stars two and thirteen, the strike is full and sharp on both sides On October 25, 1865, the S.S. Republic was lost in a violent hurricane.
While most of the passengers and crew escaped, the cargo of gold coins and other goods was lost. Almost 140 years later the Odyssey Marine Exploration discovered the Republic off the coast of Georgia. Robotics was used to excavate the wreck because it was at a depth of 1,700 feet. Over 50,000 coins were recovered from the shipwreck, including the present piece.
The coin has been encapsulated with NGCs special label, which has been used only for coins from the S.S. Republic. It is one of 9 coins of this date certified by NGC and recovered from the shipwreck.
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