1891 Liberty Head Double Eagle. AU-53 (PCGS).

An historic rarity whose superior technical quality is matched by strong eye appeal. The color is richly original with vivid pinkish-rose highlights to dominant deep honey-orange. Much of the original mint finish remains, as does ample evidence of bold to sharp detail delivered by the dies. Outstanding in all respects and undoubtedly close to Choice AU quality. The 1891 is a significant rarity among the Type III Liberty Head double eagles, rivaling some of the legendary dates of the 1880s. During this era, the resources of the U.S. Mint were evidently focused on production of the new Morgan silver dollar, pursuant to the Bland-Allison Act of 1878. As such, minting of double eagles dwindled, and what little was produced was often sent to Europe, where much of it was eventually melted. Only 1,390 coins were struck for 1891 and fewer than 10% survive for collectors today. The vast majority of these are in circulated grades, often with surface impairments and nowhere near as problem free or original as this Fairmont Collection offering. The significance of this numismatic treasure can hardly be overstated.

PCGS# 9016. NGC ID: 26C2.

PCGS Population: 6; 31 finer, seven of which are Mint State (MS-64 finest).

From the Fairmont Collection-Hendricks Set.

Estimate: $ 35000