Condition Rarity 1857 Double Eagle

1857 Liberty Head Double Eagle. MS-62 (PCGS).

A lovely example with subtle pale rose highlights to dominant honey-gold patina. Sharply, if not fully struck throughout with outstanding luster quality for the assigned grade. The Philadelphia Mint produced slightly more double eagles in 1857 than it did the previous year, although this issue's mintage of 439,375 circulation strikes is still modest for the era. Face value for the issue amounted to $8,787,500. Perhaps 40 to 60 or so different Mint State examples are extant, with nearly all confined to the MS-60 to MS-62 grade range. Just seven coins can be counted higher at PCGS, and this piece is finer than most seen in even the most impressive collections we've handled. As a richly original, softly frosted MS-62, this would make a significant addition to an advanced collection of this perennially popular series.

PCGS# 8920. NGC ID: 2693.

PCGS Population: 31; 7 finer (MS-64+ finest).

From the Fairmont Collection.