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This particular example comes from the wreck of the SS New York, a sidewheel steamship that sank in a hurricane off the Gulf Coast on September 7, 1846, while traveling from Galveston to New Orleans. The vessel carried passengers, crew, and a cargo that included various gold and silver coins in circulation at the time.
Recovered decades later and conserved, the coin has been certified by NGC with the "Shipwreck Effect" designation, reflecting environmental damage from prolonged saltwater exposure, such as etching or corrosion, which distinguishes it from land-preserved specimens.
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‘’AU Capital Management, LLC is a leading supplier of rare coins, paper money and precious metals. Committed to authenticity, they strive to serve customers with high-quality goods they'll treasure..’’
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