1867 Liberty Head Double Eagle. MS-63 (PCGS).

Handsome rose-gold color graces the lustrous surfaces of this exceptional Choice Uncirculated Type II Liberty Head $20 gold coin. The strike is suitably bold and the overall quality and eye appeal are undeniable. The mintage of this Philadelphia Mint issue is 251,015 circulation strikes. An exception to the general rule for double eagle issues from the Civil War and Reconstruction eras, many were sent to Europe, and of these at least a few hundred were not melted. Q. David Bowers Estimate:s the Mint State population at 350 to 500 coins, which is a dramatically larger figure than is usually seen for Philadelphia Mint double eagles from the 1860s. David W. Akers in 1982 wrote that these came from Europe in the 1960s, and he was of the opinion that there were multiple hoards. Perhaps there were simply multiple disbursements from a single hoard, as the surface characteristics are said to be similar for these pieces. The offered coin is a truly impressive 1867 double eagle. Tied for CC#2 for this issue, it is a find for both Mint State type and date collectors.

PCGS# 8951. NGC ID: 269Z.

PCGS Population: 5; with a single MS-66 finer.

Estimate: $27000