SS Central America; original gold foil holder. Coin #1277.

Years from now, collectors are going to marvel at the good fortune that today’s buyers have when it comes to coins like these 1857-S double eagles. They will marvel at how choice these 1857-S double eagles are and how available they were for a generation. And, I can guarantee you, as with all hoard coins they will become hard to find and the nicest examples will appreciate greatly in value.

This piece was carefully hand-selected by a sophisticated collector who wanted an SSCA double eagle that lacked any signs of conservation and which, in his words, “had the look of an MS66 at the price of an MS65.” He chose wisely as this is a truly high-end Gem with superb rose and orange-gold color, dazzling frosty surfaces and an almost total absence of abrasions. There are no cloudy spots except for a small area at the foot of the final A in AMERICA and the eye appeal is superb; even for this issue.

Gold foil CAC approved 1857-S double eagles routinely bring $13,000-14,000+ when they sell at auction. For a small premium, you can own a coin which I feel is as nice as any of the MS65′s that are available.

Ex Heritage 4/12: 5323 where it sold for $16,100.