Date…….1859 Grade…….PCGS EF45 PCGS Price Guide.….…...7000 Population (PCGS).…...….20/73 Population (NGC).….…..…32/90 Serial Number……8926.45/37189210 PCGS Lookup Number…….8926
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$20.00 - 1859 PCGS EF45 - $8500
RARE COLLECTOR GRADE 1859 DOUBLE EAGLE
Along with the 1862, the 1859 is the rarest Type One double eagle from Philadelphia. While this date clearly saw active circulation, there are not many extant in EF grades and even fewer with natural color and non-processed surfaces.
This piece is original with pleasing natural orange-tinged russet color on both sides. The obverse is fairly scuffy as seen on 99% of the known 1859 double eagles with the most notable marks clustered in the left obverse field. The reverse is cleaner and choice.
Since 2003, only three PCGS EF45 1859 double eagles have sold at auction with the most recent APR being Stack’s Bowers 2018 ANA: 4437, a CAC approved piece that realized $9,000.
This date has not been overly impacted by the Fairmont Hoard with likely fewer than a half dozen examples in all grades combined located in this group.
There are not many chances to acquire a nice PCGS-graded 1859 double eagle for less than $10,000.