1877-S Liberty Head Double Eagle. MS-62 (NGC).
Both sides are fully struck and bathed in frosty orange-apricot luster. Pleasingly smooth for this conditionally challenging issue, and worthy of a solid bid, as such. The 1877-S double eagle registered a mintage of 1,735,000 pieces, down some 138,000 coins from the previous year. Some portion of the mintage made it into overseas banking transactions, a familiar scenario - and a blessing to later generations of numismatists. Thanks to repatriations from foreign bank hoards, in fact, our estimate for Mint State survivors is a rather generous 1,500 to 2,500 coins. Most of these, however, hover around the MS-60 and MS-61 grade levels. As a solidly graded MS-62, this nearly Choice offering represents the finest realistically obtainable for the issue as far as most of today's double eagle specialists are concerned.
PCGS# 8984. NGC ID: 26B2.

Estimate: $4200