1857-S SAN FRANCISCO GOLD $20 LIBERTY SSCA-2
PCGS AU58The 1857-S had a mintage of mintage of 970,500 has become easily attainable since the discovery of the SS Central America treasure. There were over 5,000 examples of the 1857-S double eagles aboard when the ship sank in September, 1857. The 1857-S $20 Gold Liberty with the SS Central America pedigree is featured in the widely-acclaimed book, 100 Greatest U.S. Coins, by Whitman Publishing. Whether an 1857-S is from the SSCA shipwreck or not, is of little consequence, as this issue is always popular with collectors, investors, and those who have a love for history. This makes the 1857-S double eagle one of the most available and highly desirable double eagles in the Type-I series, ensuring demand for years to come.
This 1857-S $20 Liberty Gold Double Eagle from the SS Central America 2 shipwreck recovery, is PCGS certified AU58. This highly collectible coin is a great addition to any numismatic collection. The SS Central America was a 280 foot side-wheel steamer that operated between Central America and the eastern coast of the U.S. at that time. On September 12, 1857, the Central America sunk in a hurricane two hundred miles off the Carolina Coast in 8,000 feet below the Atlantic, taking the lives of 425 men and over 4,700 pounds of California gold.
The sinking of the SS Central America, known as ''The Ship of Gold,'' was one of the worst peacetime tragedies of men, ship, and gold lost at sea. It contributed to the deepest depression of the 19th Century both economically and emotionally. Originally discovered in 1987 and brought to market in the year 2000, it has been one of the most remarkable events in numismatic history. In 2014, Odyssey Marine Exploration went back to recover the remaining gold. After 4 years, the ''Greatest Treasure Ever Found'' has come to market for a once in a lifetime opportunity to own a piece of historical significance from the California Gold Rush, with the providence of the SS Central America Shipwreck Treasure Recovery.
This 1857-S evokes the year that James Buchanan was sworn into office as the 15th President of the United States. Congress outlawed foreign currency as legal tender in U.S. The SS Central America sinks carrying 476 passengers, 102 crew members and over three tons of gold, which triggered ''The Panic of 1857'', setting off one of the most severe economic crises in U.S. history.