1888-S Liberty Head Double Eagle. MS-63+ (PCGS).
Handsome, fully original surfaces are carefully preserved at the Choice Mint State grade level. A mintage of 859,600 double eagles was recorded for the San Francisco Mint in 1888, and the vast majority of these probably served extensively in the daily needs of commerce, while others were used for overseas trade or kept on reserve for the redemption of paper currency. In 1982, David W. Akers reported appearances of Uncirculated examples in only about 10% of the major auction sales examined by him while preparing his celebrated double eagle opus. He regarded the issue as "moderately scarce" in Mint State. In subsequent years, the number of Mint State examples increased dramatically, and by 2004 when Q. David Bowers wrote his Guide Book of Double Eagle Gold Coins, the high end Mint State Estimate: had swelled to an excess of 2,500 pieces. Even so, examples grading finer than MS-62 remain scarce from a condition standpoint, confirming the significance of the present offering for the quality conscious gold collector.
PCGS# 9009. NGC ID: 26BU.
From the Fairmont Collection - Mont Blanc Set.
Estimate: $6000
Price realized | 4'700 USD |
Starting price | 1 USD |
Estimate | 6'000 USD |