1892 Liberty Head Double Eagle. MS-60 (PCGS).This is an enchanting piece with eye appeal that is strong enough to support a higher Mint State rating. Vivid rose-gold patina throughout, the surfaces semi-prooflike in finish with intense reflectivity shining forth from the fields. Fully struck from the dies with solid Mint State preservation, this coin is sure to catch the eye of advanced double eagle enthusiasts.<p>Only 4,430 circulation strike double eagles of this date were forthcoming from the Philadelphia Mint in 1892, a meager output by any standard. Amazingly, that small figure was down 3,040 pieces from the previous years mintage in Philadelphia and would remain the lowest of any date from that point through the termination of the denomination in 1933. Face value amounted to just $88,600. Some were used for overseas banking transactions, to which we owe most of todays AU and Mint State 1892 double eagles. The present example is one of perhaps just 25 to 40 Uncirculated examples of the issue known, most of which are in tightly held collections and seldom appear on the open market. A significant bidding opportunity not to be missed.PCGS Population: 7; 23 finer (MS-64+ finest).From the Fairmont Collection.
