Liberty Head Double Eagle

1863-S Liberty Head Double Eagle. AU-58 (PCGS).

Lustrous honey-gold surfaces with wisps of pinkish-rose iridescence further enhancing the eye appeal. The mintage for the 1863-S double eagle is 966,570 pieces, a substantial production figure for the Civil War era. This issue circulated extensively in West Coast commerce at a time when specie had virtually disappeared from day-to-day transactions in the Midwest and the East. Although many were likely exported overseas in later years, survival rates are comparable to most other double eagle issues from the early to mid 1860s. Indeed, the 1863-S is one of the more frequently encountered double eagles from the Civil War era, and it is popular with type collectors as well as double eagle specialists. The scarcity of Mint State survivors places extreme collector pressure on premium quality Choice AUs, as here.

PCGS# 8940. NGC ID: 269R.

Estimate: $ 3500