Cert #8663 6583256

Coin Number 134

Here is a wonderfully satin and lustrous near gem that offers a bold strike, unbelievable surface quality and rich copper gold toning. Mintage of a paltry 1,620 pieces with 45 to 50 surviving. This one is tied with one other (the Miller coin, Heritage 10/95) also at PCGS MS-64. Liberty’s face and neck show exceptional preservation, as do the surrounding fields. Wonderfully original and attractive for this rare and elusive date and mint. Coinage of gold and silver pieces continued dismal through 1879, at which time gold and paper dollars finally went back to par (no premium for gold) and all the coin hoards since the beginning of the Civil War flooded back into circulation, taking another decade through the end of the 1880s to show any real need for small silver coins. Gold was in higher demand after 1879, and this is reflected in the mintages of gold pieces through the 1880s.

Ex Admiral Collection