Liberty Head Half Eagle
1878 Liberty Head Half Eagle. AU-58 (PCGS).
Frosty rose-gold surfaces are sharply struck and visually appealing with abundant luster remaining. Circulation strike half eagle coinage at the Philadelphia Mint increased dramatically in 1878 in anticipation of the government mandate that gold coins would be exchangeable at par with paper money on January 1, 1879. This event, which the market actually anticipated on December 17, 1878, when it received parity on its own, would allow gold coins to once again circulate in the East and Midwest. One of the more affordable examples from The Fairmont Collection, and keeping with tradition, this is another undeniably original and exceptionally attractive example for the grade.
PCGS# 8345. NGC ID: 25X4.
Estimate: $500