1877 Liberty Head Double Eagle. MS-62+ (PCGS). CAC.Boldly to sharply struck with highly lustrous rose-gold surfaces, this premium quality example would do equally well in a Mint State type or date set. The Philadelphia Mints output of double eagles in 1877 amounted to 397,650 circulation strikes, down considerably from the previous year. Face value equaled $7,953,000. Portions of this mintage were used in overseas banking transactions, mostly shipped starting in 1879. We estimate a Mint State population for the issue of 500 to 800 or so pieces, most of which grade MS-60 or MS-61. This rare MS-62+ represents the finest in quality realistically obtainable for this conditionally challenging issue, and it is sure to see spirited bidding among astute gold enthusiasts. Prior to World War II, most double eagle collections contained a circulated example of the date, a familiar scenario.From the Fairmont Collection.