1852 $10 California Gold Eagle - Moffat & Co., Close Date PCGS VF30 Ex.SS Central America
SOLD
SKU
SSCA7190
Ex: S.S. Central America. Close Date. SSCA 7190. K-8, R.6. Ex. Heritage CSNS 2010, lot 4108 where it was described as "...It is always important to remember the difference in detailing one must expect between the obverse and reverse of these pieces. Because of the curvature of the obverse die, that side usually has details that are as much as 20 points less than the reverse. It is a bit jarring to see, but that is how these coins were struck. The surfaces are bright yellow-gold. The obverse devices are outlined but only faintly detailed. The reverse, on the other hand, is missing a bit of high point definition but its definition is far superior to the obverse. The coin obviously circulated before it went down with the ship in 1857, but the signs of handling are minimal except for a thin vertical scratch in the left and right obverse field."
One of the foundations of coin collecting is the ideology of 'history in your hands.' The discovery of the 1857 S.S. Central America shipwreck in September 1987 provided one such rare opportunity. The subsequent salvage efforts revealed a staggering treasure of thousands of freshly minted gold coins and other important artifacts. All of the recovered coins are veritable time capsules. Most of the coins recovered are preserved in amazing condition. That is not surprising; considering that most never had the chance to enter the channels of commerce. But some wonder how a coin; such as the current piece; could be so well preserved after being on the bottom of the ocean for 130 years. This question is easily addressed. The recovery; certification and subsequent marketing of the S.S. Central America's golden cargo during the past two decades shattered old notions regarding the rarity and value of several issues and not only introduced new buyers into the market but also changed the manner in which existing collectors approached the design and scope of their collection.It has almost become a mandatory necessity for a serious and astute collector to own a specimen of our nation’s history from an unanticipated time capsule like the SS Central America.
| PCGS # | 10252 |
|---|---|
| Grading Service | PCGS |
| Year of Issue | 1852 |
| Grade | VF30 |
| Denom Type | California Gold |
| Numeric Denomination | $10 |
| Mint Location | Private Issue |
| Designation | NONE |
| Circ/UnCirc | Circulated |
| Strike Type | Business |
| Holder Variety | Moffat & Company Close Date variety |
| Grade Add On | NONE |
| Holder Type | SS Central America |
