1874 Liberty Head Eagle. MS-62 (PCGS).
The surfaces are lustrous and frosty with vivid orange-rose color and a sharp strike. 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 nearly Choice quality, 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: 23; 10 finer (MS-65+ finest).
From the Fairmont Collection - JBR Set.