1878 Liberty Head Double Eagle. MS-60 (PCGS).Beautiful semi-prooflike surfaces are fully lustrous with vivid reddish-orange patina. Sharply 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.
