Lot 2079
1865-S. PCGS graded MS-64 PQ CAC Approved. A lovely frosty gem. In our opinion this coin should be graded MS64+ or MS65. It is one of the most attractive we have seen, a coin the boasts sharp rims without bad blemishes, and golden-bright luster whose glow and radiance is enjoyable to examine. There is a small mark on Liberty's hair just to the left of her hair bun as well as minor luster grazes in the field below the right wing of the eagle, but nothing else that would require mentioning. On the contrary, the coin is decidedly superior in whatever way you choose to measure.
The Deep Sea Research group of entrepreneurs found and recovered 1,207 coins from the wreck of the Brother Jonathan, mostly in the form of 1865-S double eagles. Today, these are available in frosty Mint State grades though most have long since disappeared into coin collections. That source has also made a few near Gem-quality examples available to collectors. As such, the 1865-S is, while not rare, considered one of the most historic offerings available to American numismatists. Pop 127; 25 finer, 1 in 64+, 22 in 65, 2 in 66 (PCGS # 8944) .
Estimated Value $13,000 - 15,000.
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