- On 22/05/2019
- In Auction News
From Art Daily
A rare U.S. gold coin struck at the San Francisco Mint in 1857 and recovered five years ago from a world-famous California Gold Rush shipwreck set a record price for any 1857 San Francisco Mint $20 denomination gold coin. It was sold for $282,000 in a public auction in New Orleans, Louisiana conducted by Lincoft, New Jersey on May 16, 2019.
The coin was recovered in 2014 from the S.S. Central America, the fabled “Ship of Gold, that sank in the Atlantic Ocean in 1857. The Supernova was discovered on the ocean floor among piles and stacks of coins that originally were in boxes of Double Eagles being shipped to New York by San Francisco businesses.
Described by Legend President Laura Sperber as “the most beautifully and amazingly colorful toned gold coin we have ever seen!,” the sunken treasure Double Eagle was independently graded Mint State 67 (on a 1 to 70 scale) by Professional Coin Grading Service.