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1863-S Liberty Head Gold Double Eagle NGC/PCGS AU58

By removing just the 1856-S & 1857-S SS Central America examples from the population records the total number of Type 1 Double Eagles drops to 25,451 with less than 12% in MS condition!

$9,995.00
In stock
Product Code
C7097
More Information
Denomination Double Eagles
Series Liberty Head
Composition Gold
Year 1863
Mint San Francisco (S)
Grade AU
AU Score AU 58
Designation Absolute Rarity, Condition Rarity
Certification PCGS, NGC

1863-S Liberty Head Gold Double Eagle NGC/PCGS AU58

Description
  • The Double Eagle was first authorized in 1849, as a means to convert the massive quantities of gold pouring out of California into usable coinage
  • This same law simultaneously established the nation’s smallest and largest gold coin, immediately cementing the Double Eagle as the new flagship gold coin of the United States.
  • James B. Longacre's Liberty Head or "Coronet Head" design was used from 1850 until partway through 1907. Three major Types were struck during its tenure:
  • - Type 1 (1850-1866): No Motto, TWENTY D.
  • - Type 2 (1866-1876): W/ Motto, TWENTY D.
  • - Type 3 (1877-1907): W/ Motto, TWENTY DOLLARS
  • Between Type 1 (1850-1866), Type 2 (1866-1876) & Type 3 (1877-1907) Liberty Head Doubles Eagles, its no contest as far as which Type is the scarcest. Even taking shipwreck coins into consideration Type 1 Double Eagles are indisputably the scarcest.
  • Had recent shipwreck discoveries not taking place resulting in thousands of Type 1 Double Eagles preserved on the ocean floor untouched, such as the SS Central America (1857); SS Republic (1865); & SS Brother Jonathan (1865), the number of total and uncirculated surviving examples would be significantly lower.
  • By removing just the 1856-S & 1857-S SS Central America examples from the population records the total number of Type 1 Double Eagles drops to 25,451 with less than 12% in MS condition!