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Daniel Frank Sedwick, LLC
Treasure Auction 33  3-4 May 2023
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Lot 377

Starting price: 700 USD
Price realized: 1300 USD
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Great Britain (London, England), gold sovereign, Victoria (young head), 1854, WW incuse, PCGS AU detail / scratch, with pinch of gold. Sp-3852D; KM-736.1; Fr-387e. Of the 82 foreign gold coins found aboard the SS Central America, exactly half came from Great Britain, indicating the close commerce ties between the two countries in the 1850s. This sovereign would have been legal tender in the United States in 1857, but only through February 21 of that year, when the passage of the Coinage Act of 1857 put a stop to foreign coins in circulation. These coins still contained good gold though, so merchants and gold speculators could hoard them until they had a chance to convert them to US gold coins. This sovereign has almost Mint State details with just some minor friction and a light obverse scratch to denote the grade, some patchy tan staining covering much of its otherwise lustrous surfaces. Housed in a special PCGS slab with a pinch of gold (about 1.5 grams) from the shipwreck, the label hand-signed by chief scientist Bob Evans, also with promotional cardboard box and certificate from PCGS. Recovered from: S.S. Central America, sunk in 1857 in deep water off North Carolina


Estimate: 1000 - 1500 USD
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