1877-S $20 MS63 PCGS....

Description

1877-S Liberty Double Eagle, MS63
Very Rare Any Finer

1877-S $20 MS63 PCGS. The San Francisco Mint struck large numbers of double eagles throughout the second half of the 19th century and 1877 was certainly no exception. A substantial mintage of more than 1.7 million Liberty double eagles was accomplished that year, and the coins were released into circulation at, or near, the time of issue. These double eagles were used to settle large accounts in both foreign and domestic trade, and few high-quality examples were saved for numismatic purposes. Accordingly, most examples seen today are heavily bagmarked specimens recovered from European holdings or worn circulated pieces that fulfilled their intended function in the hard money economy of the Western United States. The 1877-S is a rare issue at the MS63 grade level, and finer coins are very rare.

The present coin is an impressive Select specimen, with sharply detailed design elements and pleasing orange-gold surfaces that show a number of minor contact marks, none worthy of individual mention. Especially vibrant mint luster radiates from both sides, creating outstanding eye appeal. Population: 28 in 63, 7 finer (2/18).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26B2, PCGS# 8984, Greysheet# 9927)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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