1861 $20 (1861 Double Eagle) NGC MS60 S.S. Republic. Struck in the year the civil war commenced, and always in demand as such. This specific piece was found aboard the SS Republic, which sank for the coast of Georgia on October 18, 1865. These shipwreck coins are always in demand, especially when in uncirculated condition such as this piece. In July 2003, the S.S. republic was finally found in 1,700 feet deep water, with most of its cargo still intact. These included a large number of silver half dollars, and gold eagles and double eagles. The S.S. republic ranks among several ships that sank in the 19th century, carrying immense fortunes of gold coins with them.

The present piece is truly uncirculated double eagle gold coin with really great eye-appeal. Strongly struck, with only slight weakness in the centers. Full luster, on both sides, and original light yellow-gold color.

With the commemoration of the civil war, it can be expected that demand for coins from this period will surely rise in value. The present coin, besides being struck in the first year of that dark time, is also a storied coin. These coins will surely hold their value, so besides being great collector coins, these are also very suitable for anyone putting together a portfolio of rare gold coins.