1874 Liberty Head Eagle. MS-63 (PCGS). CAC.

Exceptional in both production and preservation, this is one of the finest 1874 eagles that we have handled in the past several decades. The surfaces are incredibly lustrous and frosty, remaining particularly pristine on the reverse. With vivid golden-rose color and a sharp strike, this coin is highly attractive in all regards. The 1874 is the first circulation strike eagle since 1861 to have a mintage in excess of 50,000 pieces. The Philadelphia Mint's relatively generous delivery of 53,160 eagles this year was achieved as part of the federal government's attempt to replace worn gold coins in expectation of gold and paper money achieving parity in the market (which did not happen until December 1878). While the 1874 is one of the more available eagles from the 1870s, Mint State survivors are rare. With solid Choice quality and rare CAC approval, this Fairmont Collection offering is an important bidding opportunity for the advanced collector specializing in this challenging classic gold series.

PCGS# 8669. NGC ID: 2657.

PCGS Population: 2; 7 finer (MS-65+ finest). CAC Population: 1; 2.

From the Fairmont Collection-Hendricks Set.

Estimate: $ 22000