David Akers (1975/88): The 1850 is the first regularly issued Double Eagle. It is essentially identical in design to the pattern 1849 although the relief of the head, particularly Liberty's cheek, is slightly lower. Because of its first year status, the 1850 often brings rather higher prices than some other dates of this type that are actually more rare. In reality, the 1850 is one of the most common Type I Double Eagles and mint state examples, although quite rare, are seen more often than many overzealous cataloguers would lead one to believe. Nevertheless, VF and EF are by far the most often available grades. I have seen a fair number of choice and gem quality specimens and have seen several that I would call "superb." Most known 1850 Double Eagles are semi-prooflike but fully frosty and fully prooflike examples are also encountered.
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