1877 Liberty Head Double Eagle. MS-62+ (PCGS). CAC.

Sharply to fully struck overall, this vivid medium gold example also exhibits intermingled pinkish-rose highlights that are more prevalent on the obverse. Fully lustrous with impressively smooth surfaces for both the issue and the assigned grade. The Philadelphia Mint's output of double eagles in 1877 amounted to 397,650 circulation strikes, down considerably from the previous year. Portions of this mintage were used in overseas banking transactions, mostly shipped starting in 1879. We estimate a Mint State population for the issue of 750 to 1,000 or so pieces, most of which grade MS-60 or MS-61. Given that prior to World War II most double eagle collections contained a circulated example of the issue, the opportunity to acquire this premium quality MS-62+ deserves serious consideration.

PCGS# 8982. NGC ID: 26AY.

PCGS Population: 12; 20 finer (MS-64 finest).

From the Fairmont Collection-Hendricks Set.

Estimate: $ 6000