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Key Fact
Description
This 1849 Liberty Head Double Eagle is a stunning representation of early American numismatics. Graded PF 66 by NGC, it showcases the exquisite craftsmanship of its time. The obverse features a profile of Liberty, while the reverse depicts a majestic heraldic eagle. Its significant gold content and historical importance make it a prized possession for collectors.
History
Designed by James B. Longacre, the Liberty Head Double Eagle debuted in 1849, a year marked by the California Gold Rush. This coin represents a pivotal moment in U.S. monetary history, reflecting the nation's growing wealth and westward expansion. Longacre's design, featuring Liberty with her hair cascading down her neck, became iconic.
Facts
This coin is a proof strike, indicating it was specially manufactured for collectors rather than for circulation. The 1849 Double Eagle is particularly sought after due to its low mintage and its status as the first year of issue for this denomination. Its design has influenced subsequent American coinage.
Value Fact
As a high-grade proof coin from a significant year, the 1849 Liberty Head Double Eagle commands a premium in the market. While specific auction records vary, comparable examples have achieved prices in the tens of thousands of dollars, driven by its rarity and historical appeal.

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