1879 Liberty Head Double Eagle. MS-62 (PCGS).This is a fully struck, highly lustrous example further adorned with gorgeous rose-gold patina. Mintage for this circulation strike Philadelphia Mint issue is 207,600 pieces, down more than 336,000 coins from the previous years tally at this facility. Much of the mintage was sent abroad in banking transactions, although many were paid out at par in the next few years -- the first time gold coins circulated in East Coast commerce since 1861. About 250 to 350 Mint State examples of the issue are extant, mainly in the MS-60 to MS-61 range, though finer pieces are occasionally available. The 1879 was a true scarcity in Uncirculated condition until the second half of the 20th century, when specimens began to flow back to America. Even now it is still among the scarcer Type III Liberty Head double eagles in all Mint State grades, especially with the quality and eye appeal offered here.From the Fairmont Collection.
