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Daniel Frank Sedwick, LLC
Treasure Auction 26  1-2 Nov 2019
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Lot 295

Starting price: 4000 USD
Price realized: 6750 USD
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USA (New Orleans Mint), gold $2-1/2 Classic Head, 1839-O, NGC AU 55 / SS New York (1846), housed in promotional "book." , 7" x 5-1/2" x 1-1/4". Lemon yellow color, much original luster peeking through slightly matte surfaces, small areas of weak strike below eagle, desirable early type as the first gold coin produced by the New Orleans Mint and having a limited mintage of just 17,781 coins. In addition to its numismatic rarity, this coin is one of just two with this date found on the wreck (the other being an MS 62), making it a prime coin for the collector of quarter eagles or SS New York coins. Housed in a promotional leather-bound "book" entitled SS New York - Gentlemen of Fortune. NGC #1582102-038. Recovered from: SS New York, sunk in 1846 in the Gulf of Mexico.

Estimate: $5000-7500
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