1155

1855-S US $5, AU55, with "One Pinch" of gold dust [166175]

Currency:USD Category:Coins & Paper Money Start Price:2,750.00 USD Estimated At:5,500.00 - 7,500.00 USD
1855-S US $5, AU55, with  One Pinch  of gold dust [166175]
SOLD
4,600.00USD+ (920.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2023 Apr 29 @ 13:11UTC-7 : PDT/MST
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1855-S US $5, PCGS AU55, S.S. Central America, with "One Pinch" of gold dust. Exceptional low mintage of 61,000 coins. This coin is one of only 11 of 1855S $5 coins found on the S.S. Central America. Akers noted that most were well circulated in a survey of these coins sold between 1921 and 1978. The population reports of PCGS and NGC show extreme rarity in uncirculated with a combined seven coins (probably at least half are the same coin); PCGS shows 47 in MS55-58 and NGC shows 37 in MS 55-58, again probably at least half are the same coins. This coin takes on additional significance as a coin recovered from the SSCA. The coin has been specially packaged with a "pinch" of placer gold from that fabled "Ship of Gold", which was thought to represent one pennyweight, or 1/20th of an ounce and thus $1 in 1857. This is not ordinary gold dust you might mine in California today. It was mined in 1857 and is some of the very little actual gold mined during the California Gold Rush with absolute provenance. Nearly all of the gold from the Gold Rush was melted, except what has been found on the S.S. Central America and a few other nuggets in museums.

Date: 1855
Country (if not USA):
State: California
City: San Francisco