1867 Liberty Head Double Eagle. MS-61 (NGC).

Handsome rose-gold color graces the lustrous surfaces of this superior Uncirculated Type II Liberty Head $20 gold coin. The strike is impressively sharp, as well, 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. In more recent times additional Mint State examples have entered the modern numismatic from other sources, including our disbursements from the remarkable Fairmont Collection holdings. Regardless of its exact origins, this is a truly impressive 1867 double eagle that has much to offer Mint State type and date collectors.

PCGS# 8951. NGC ID: 269Z.

Estimate: $5700