1858-S Liberty Head Double Eagle. MS-62 (PCGS).This is a beautiful Type I example boasting rich golden-wheat hues and tinges of pinkish color around the devices. A few minor bagmarks appear under scrutiny, but the surfaces remain well composed and the eye appeal is exceptional for the assigned grade. Well struck and lustrous throughout.The 1858-S is a significant condition rarity in Mint State with only a few dozen examples known. Some 1858-S double eagles were reported in the treasure recovered from the S.S. Republic shipwreck. However, that loss occurred seven years after 1858-S twenties were minted, and most of the recovered coins were in AU condition, with only a few at the lowest end of Uncirculated condition, and heavily abraded. The present piece is a truly superior example and ranks among the finest certified by PCGS. Just 1 coins ranks finer at MS-63.
