1877-S Liberty Head Double Eagle. MS-62 (PCGS). An exceptionally vivid example, both sides exhibit soft rose-gold patina in the centers that gives way to intense reddish-orange iridescence around the peripheries. Intensely frosted throughout with a razor sharp strike. The 1877-S double eagle registered a mintage of 1,735,000 pieces, down some 138,000 coins from the previous year. Face value equaled $34,700,000. Some portion of the mintage made it into overseas banking transactions, a familiar scenario -- and a blessing to later generations of numismatists. Thanks to repatriations from foreign bank hoards, in fact, our estimate for Mint State survivors is a rather generous 1,500 to 2,500 coins. Most of these, however, hover around the MS-60 and MS-61 grade levels. Not all that far from the Choice Uncirculated category, the coin offered here represents a significant find for the advanced double eagle enthusiast.
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