1863 Double Eagle NGC AU53 CAC. This
coin screams originality. Struck in the middle of the
civil war, when gold and silver coins were hoarded and
mintages were smaller than before. A total of 142,970
double eagles were struck in Philadelphia, making it
a scarce coin in all grades, and rare in About Uncirculated
or finer.
After the civil war, gold coin started to circulate
again, and that is probably the period when the present
coin acquired some wear. Yet, this does not distract
at all from the original surfaces from this coin.
Darker yellow-orange and rust red colors show on both
sides, with no distracting marks. All stars are fully
struck, with only the slightest weakness in the centers,
which still show lots of detail despite the grade.
With the 150 year commemoration of the civil war
just a few years ahead of us, this is a wonderful
opportunity to acquire a coin that is destined to
rise in value. Especially when in such original condition
as the present piece, which is also confirmed by the
sticker CAC awarded to it. Also a low mintage issue,
with just the 1862 having lower mintage of the coins
struck at the Philadelphia Mint. Both collectors and
investors will appreciate the present offering.
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