1877 $20 Liberty Head Double Eagle NGC MS62

Here is a truly scare issue in the popular Liberty Head double eagle series. The year 1877 features several rare gold issues. NGC has graded 178 of the double eagle as MS62 with only 26 finer. Collector’s Universe prices this issue at $7,500.00 in MS62.

David Akers writes, “This date is a scarce one, certainly head and shoulders above the so-called "common dates" of the series. … I have seen more Unc. 1872 twenties than I have 1877's … The 1877, as scarce as it is, is not as difficult to obtain as the 1874 or 1875. When available, this date is usually in EF or AU condition. Average quality uncs are very scarce and choice mint state pieces are rare. In gem condition, the 1877 is very rare and I have seen only a couple at that level.”

The Second Philadelphia Mint, where this piece was struck in 1877. Photo: Wikimedia Commons.