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Struck at the Philadelphia Mint, the 1851 issue circulated widely, and most examples saw heavy use in commerce or were later melted. Survivors in Mint State are scarce, reflecting the coin’s role as a workhorse of mid-19th-century gold commerce rather than a piece set aside for preservation. The Double Eagle’s sheer size and intrinsic value ensured hard service wherever large transactions were required.
This example is graded PCGS MS62 with CAC approval. PCGS has graded 67 coins in MS62, with just 23 finer, while CAC reports 12 examples at this level with only a single finer. These figures underscore the difficulty of locating an original, well-preserved 1851 Double Eagle that retains strong eye appeal and solid technical quality.
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