1861 Liberty Head Eagle. MS-62+ (PCGS). CAC.

Extremely beautiful surfaces exhibit original honey-rose color to lovely, frosty mint luster. Sharply to fully struck throughout with uncommonly well preserved surfaces that border on Choice Mint State quality. During this first year of armed conflict between the states the Philadelphia Mint churned out an unusually large number of 113,164 circulation strike eagles. These were meant to help fund the Union war effort, and were generally distributed into commerce before the suspension of gold specific payments in December 1861 resulted in the withdrawal of such coins from circulation in the East and Midwest. Ten-dollar gold coinage at the Philadelphia Mint would fall off accordingly the following year, and remain limited throughout much of the Civil War and Reconstruction eras. Today the 1861 is regarded as one of the most common Liberty Head eagles of the No Motto design type, although it remains scarce to rare in all Mint State grades. This premium quality, CAC-approved example is decidedly in the latter category, and is represents an important find for the astute gold enthusiast.

PCGS# 8633. NGC ID: 2647.

PCGS Population: 2; 6 finer (MS-66 finest). CAC Population: 5; 1. The former total includes coins certified both MS-62 and MS-62+.

From the Fairmont Collection-Hendricks Set.

Estimate: $ 10000