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1857-S $20 Liberty Double Eagle - Spiked Shield 20A - #75 In 100 Greatest Coins

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 Posted Today  41M ago Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
This is my first Type 1 Liberty Double Eagle. Purchased it because it was the cheapest way to add another coin on the list of the '100 Greatest U.S. Coins.' It is #75 in the list that PCGS publishes for the Registry '100 Greatest U.S. Coins set.' It is #97 in the 6th Edition printing of the book titled '100 Greatest U.S. Coins.' It is also a spectacular looking coin in great condition, which would not be possible for a Type 1 Double Eagle at a reasonable price, but for the tragedy of the shipwreck of the S.S. Central America, which sank in 1857 loaded with thousands of freshly minted San Francisco double eagles 160 miles off the coast of Charleston, South Carolina. The loss of 30,000 lbs (13,400 kg) of gold on this ship, with a value of $8 million then and $2.5 billion today, contributed to the financial panic of 1857. Hard to believe a coin looks like this after sitting for 131-157 years, 7,500 feet under the Atlantic Ocean. Tied to a significant historical event, great condition, large gold format, in the list of most important coins in numismatics, reasonable price. What else can you ask for? Thoughts? Thanks!
PCGS 100 Greatest U.S. Coins: https://www.pcgs.com/setregistry/fa...osition/1576

1857-S-$20-Liberty-Double-Eagle---Spiked-Shield-20A---#75-In-100-Greatest-Coins
1857-S-$20-Liberty-Double-Eagle---Spiked-Shield-20A---#75-In-100-Greatest-Coins
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
Edited by numismatic student
Today 13M ago
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