1877 Liberty Head Double Eagle. MS-62 (PCGS). CAC.Intensely lustrous rose-gold surfaces exhibit a lively frosty texture to smartly impressed features. The Philadelphia Mints output of double eagles in 1877 amounted to 397,650 circulation strikes, down considerably from the previous year. Face value was $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. Given that prior to World War II most double eagle collections contained a circulated example of the date, the opportunity to acquire this premium quality MS-62 deserves serious consideration.From the Fairmont Collection.
