1879 Liberty Head Double Eagle. MS-61 (PCGS). CAC.Highly lustrous with a razor sharp strike, this beautiful double eagle displays vivid rose-gold color and noteworthy eye appeal. Mintage for this circulation strike Philadelphia Mint double eagle issue is 207,600 pieces. Much of the mintage was sent abroad in banking transactions, although many were paid out at par in the next few years - the first time gold coins circulated in East Coast commerce since 1861. About 500 to 600 Mint State examples of the issue are extant, mainly in the MS-60 to MS-61 range, and finer pieces are seldom available. The 1879 was a true scarcity in Uncirculated condition until the second half of the 20th century, when specimens began to flow back to America. Even now it is among the scarcer Type III Liberty Head double eagles in all Mint State grades, and the discerning collector would be hard pressed to improve upon this delightful Fairmont Collection offering.PCGS# 8988. NGC ID: 26B6.CAC Population: 15; 7.From the Fairmont Collection - CAG Set.
