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<p>[QUOTE="johnmilton, post: 3409523, member: 101855"]I have an 1857-S double eagle in MS-65 that came from the <i>SS Central America</i>. I will probably be buried in it because there are way too many of them to support the 5 figure prices they were bringing.</p><p><br /></p><p>The great thing about them is that you can get a Type 1 double eagle in high grade like MS-65. Prior to the discovery of the shipwreck coins, that was almost impossible. Very few collectors could afford to set $20 aside in a coin cabinet doing nothing in the 1850s and ‘60s. Type 2 double eagles are very rare in high grade because none of them have been recovered from shipwrecks.</p><p><br /></p><p>If you do decide to buy an <i>SS Centrol America</i> coin, I would advise you to buy one in an old holder. All of these coins were curated after they are taken out of the seawater. Some of them have not been stable. They have gotten very ugly copper stains that lowers the value of the pieces.</p><p><br /></p><p>If a coin has been in the holder for four or five years or more, and not changed, chances are it's stable.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 3409523, member: 101855"]I have an 1857-S double eagle in MS-65 that came from the [I]SS Central America[/I]. I will probably be buried in it because there are way too many of them to support the 5 figure prices they were bringing. The great thing about them is that you can get a Type 1 double eagle in high grade like MS-65. Prior to the discovery of the shipwreck coins, that was almost impossible. Very few collectors could afford to set $20 aside in a coin cabinet doing nothing in the 1850s and ‘60s. Type 2 double eagles are very rare in high grade because none of them have been recovered from shipwrecks. If you do decide to buy an [I]SS Centrol America[/I] coin, I would advise you to buy one in an old holder. All of these coins were curated after they are taken out of the seawater. Some of them have not been stable. They have gotten very ugly copper stains that lowers the value of the pieces. If a coin has been in the holder for four or five years or more, and not changed, chances are it's stable.[/QUOTE]
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