PCGS Auction Prices
||November 2019 Baltimore U.S. Coins Auction
||1875 Liberty Head Double Eagle. MS-60 PL (PCGS).
Handsome honey-orange surfaces reveal intense reflective qualities in the fields as the coin dips into a light. The design elements are sharply struck with a frosty texture also imparted by the dies. The Philadelphia Mint produced 295,720 circulation strike double eagles in 1875, a number that was down somewhat from the tally of the preceding year. The face value amounted to $5,914,400. Much of the mintage was sent overseas in commercial banking transactions. We estimate that some 1,000 to 1,500 Mint State examples are extant, mostly in lower grades through MS-62. Most of these coins are from foreign bank hoards repatriated in the late 20th century, providing opportunities for today's Mint State type and date collectors that did not exist for earlier generations of numismatists. In the PCGS-certified PL category, this present example is a noteworthy strike rarity that is sure to catch the eye of advanced gold enthusiasts.
PCGS Population: just 1 in all grades in the PL category.
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