1856-S Gold $1 SSCA POD PCGS AU58 CAC
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The loss of the S.S. Central America, known as "The Ship of Gold", had a profound affect on the burgeoning economy of the United States in 1857. When she sank in a hurricane off the coast of the Carolinas, she was carrying California Gold Rush gold that was worth $8M at the time (over $550M in today's markets), which was a direct cause of the Panic of 1857.
When the S.S. Central America was recovered in 1988, rescuers found coins like this one, an 1856-S Gold $1 in almost pristine condition.
This coin is PCGS graded AU58 and comes with a CAC sticker and a pinch of dust.
A LITTLE STICKER MAKES A BIG DIFFERENCE.
Within each number of the coin grading scale is a small range of condition from low-end to high-end. Certified coins of the same grade can be of varying quality. Many of today’s collectors want coins that are solid or premium quality for their assigned grade. CAC holds coins to a higher standard so you can be confident in the value of yours. We verify previously graded coins … and award our sticker only to those coins that meet the standard for today’s selective buyer.
WHAT THE CAC STICKER MEANS:
- Verified. Your coin has been verified as meeting the standard for strict quality within its grade.
- Guaranteed. CAC stands behind our verification by making markets in most actively traded coins.
THE CAC STICKER IS BACKED BY EXPERIENCE.
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market.