1874 Liberty Head Double Eagle. MS-62 (PCGS). This lovely MS-62 example exhibits a bold blend of frosty mint luster and vivid rose-orange color. Sharply struck with eye appeal that would support an even higher grade.<p><p>The circulation strike mintage for this issue is 366,780 pieces, reduced nearly 1.4 million coins from the previous years output in Philadelphia. The effects of the Panic of 1873 were still felt in 1874, and nearly 6,000 more businesses failed, thus adding up to a slightly higher total of losses than in the Panic of 1857. Many of the known low-range Uncirculated examples of the 1874 have come from overseas bank hoards in the second half of the 20th century, the current population perhaps in the range of 300 to 400 coins. This is one of the finer certified pieces, a newcomer to the market that would do justice to an advanced type or date set. PCGS# 8970. NGC ID: 26AN. From the Fairmont Collection - JBR Set.
