1864-S Liberty Head Double Eagle. AU-53 (PCGS). CAC.This boldly patinated deep honey-rose example is sharply defined over the focal features. Appreciable luster also remains, which feature is best appreciated with the aid of direct lighting. Historically survivors of this 793,660-piece issue were readily obtainable only in VF or EF grades, the occasional AU coming to market at widely spaced intervals. Mint State coins were virtually unknown. During the 1990s, however, the discovery and salvage of the wreck of the <em>S.S. Brother Jonathan</em> significantly altered the high grade rarity of the 1864-S. Lost at sea on January 30, 1865 while trying to return to harbor in Crescent City, California during an abortive trip north to Oregon, the ship sank with more than 1,000 gold coins on board, most of which were Mint State 1865-S double eagles. One hundred and eight examples of the 1864-S were also included in this treasure, many of which have since been certified AU or Mint State. We stress, however, that the appearance of this coin is far richer and more original that than seen in the typical <em>Brother Jonathan</em> example. Certainly a fleeting bidding opportunity for the discerning double eagle enthusiast.From the Fairmont Collection.
