1878-S $20 MS(PCGS#8987)

Spring 2023 U.S. Coins Auction

Auctioneer

Stack's Bowers

Lot Number

5335

Grade

MS62+

Price

5,760

Lot Description

1878-S Liberty Head Double Eagle. MS-62+ (PCGS). CAC. A highly lustrous, frosty textured example with uncommonly well preserved surfaces for an 1878-S double eagle. Beautiful rose-orange color with a sharply executed strike and outstanding visual appeal. The San Francisco Mint produced 1,739,000 double eagles of this date and most examples saw use in overseas transactions. We estimate a Mint State population of 1,000 to 1,500 pieces, perhaps a trifle more, with most examples in the MS-60 to MS-62 range. At and near the Choice Mint State level of preservation, as here, this issue is rare and seldom offered except for when the finest gold collections enter the market. Provenance: From the Fairmont Collection - CAG Set. PCGS Population: 12; 18 finer (MS-64 finest). CAC Population: 16; 1. The former total includes coins certified both MS-62 and MS-62+. To view all items From the Fairmont Collection - CAG Set click here. PCGS# 8987. NGC ID: 26B5. Click here for certification details from PCGS.