1878 Liberty Head Double Eagle. MS-61 (PCGS).Billowy mint frost mingles with warm honey-gold patina on both sides of this uncommonly smooth looking MS-61. Sharply to fully struck. The mintage for the circulation strike 1878 double eagle is 543,620 pieces, up more than 145,000 coins from the year before. The face value for the issue amounted to $10,872,400. Portions of the mintage were used in international trade, repatriations in recent decades accounting for many of the 600 to 800 or more Mint State examples that we believe can be traced today. Most of these grade MS-60 to MS-62, yet even they represent a marked increase in quality over the VF and EF examples that were used to represent the 1878 in most "old time" collections. With superior eye appeal for the assigned grade, the present offering is sure to see spirited bidding at auction.From the Fairmont Collection.
