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1838 Eagle - 1866-S Eagle: Set of Two Gold Eagles

The numismatic adventure can be enriched by acquiring groups of coins in meaningful combinations. Sets of coins can run from two pieces to many. In the areas of rare date and early silver and gold coins we have established certain sets of special interest. They include the first and last of an issue, type sets, design sets, year sets, and those that are joined by historical events such as the Civil War. The coins of each set are specially selected for you and your collecting needs.

We are specialists in this area and will expertly and confidentially help you assemble a set similar to the one you see below, which is made up of pieces from the US Rare Coin Investments’ archives. We will cherry pick through millions of dollars of rare coins selecting only the finest quality pieces for your collection.

A Set of First and Last Eagles, Liberty Head Type 1 1838 and 1866-S

The Liberty Head also called Coronet Head eagle was designed by Christian Gobrecht. Type 1, No Motto, was minted from 1838 to 1866. Midway through the second year of issue, the design was modified. Changes were made to Liberty’s portrait and the lettering. Type 2 was created when the motto IN GOD WE TRUST was added in 1866. The two coins in this set are the first and last Without Motto type.

Gobrecht’s design has Liberty facing left in profile wearing a LIBERTY inscribed coronet with her hair tied in the back in beads. Two long curls hang down her neck, one in the back and the other on the side. She is surrounded with thirteen six-pointed stars. The date is below the truncation, which shows no drapery. The motif is taken from a Benjamin West painting of Venus. It was also used with modifications for the Large Cents of 1839. The reverse shows a heraldic eagle with outstretched wing looking to the left. On its chest is the Union shield. In its talons it holds the olive branch and arrows. The error in the previous issue, Scot’s eagle held the arrows and the olive branches in the wrong talons, is corrected. Except for being interrupted by the tips of the eagle’s wings UNITED STATES OF AMERICA surrounds the reverse, separated from the denomination TEN D. by dots. Dentils are near the edge on both sides of the coin, and the edge is reeded.

During the first two years of production, the First Head had Large Letters with it. It continued in use until June 1839 and is sometimes called the “Head of 1838.” Later in the year the head was redesigned, made smaller, and the letters were smaller too. This one is sometimes called the “New Portrait, Small Letters” or “Second Head, Small Letters.”

1838 Eagle1838 Eagle - After 34 years of no eagle production, the Liberty Head eagle was minted in 1838. With a mintage of only 7,200 the first year of issue is rare. Most pieces are seen are heavily circulated to XF condition.

This first design of a low mintage, two-year type 1838 eagle comes in an old NGC holder. Smoldering mint luster remains in protected areas on both sides of the coin. The strike is above average in that there is some detail in the centers of the stars, the shield, and the lower part of the eagle. Very slight wear is seen on the highest points of the design, and, for the grade, the surfaces are free of individual distractions worthy of mention.

Approximate cost: VF $6,500; AU50 $19,500; MS60 $100,000; MS62 $150,000


1866-S Eagle1866-S Eagle - The 1866-S No Motto eagle is scarce in all conditions. It had a fairly low mintage of 8,500 and a low survival rate. Most pieces are in lower circulated condition. All of the shipwrecks, the SS Brother Jonathan, the SS Central America, and the SS Republic went down before this date was struck.

This scarce, low mintage Western branch mint 1866-S No Motto eagle is the only piece confirmed by CAC as of May 2012. Traces of mint luster remain in protected areas. The coin shows even, light wear consistent with the grade. The XF45 is confirmed by CAC, which indicates that the coin is of premium quality and well within the range of the grade assigned. The surfaces are original and relatively free of distracting abrasions or other marks.

Approximate cost: VF 6,000; AU50 $22,500; AU58 $32,500


Interested in working with us in purchasing a set like this? CONTACT US HERE !




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