Liberty Type II Eagle (1839 - 1865) wanted
privaterarecoincollector
Posts: 629 ✭✭✭✭✭
Hi, Im finishing my mint state type set soon and the only coin I cant find is a type II Liberty eagle in good Mint State.
If anybody has one or knows where I can get one please let me know. I guess Im ready to pay 50% over market price now.
Should be 64 or better, worst case 63.
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This thread belongs on the BST Forum.
Didn't realize how hard it is to find this type in 64. Just looked around on coin facts and could see where this would be tough to find. Good luck !
The No Motto $10 gold coins are wicked tough in high grade. The reason was that they represented a lot of money in those days, and most collectors could not afford to save them in quantity. Look at this way. If you were a collector in the 1850s, which would you rather have, a modern $10 gold coin or a nice group of collector coins that $10 could buy.
The same thing is true for the Type II Liberty $20 gold piece. There have not been any Unc. coins recovered for shipwrecks as there has been for the Type I coins. As a result, even an MS-63 example is in "high grade" for that type.
When I saw the Eiasberg Collection, which was on display at the Philadelphia in 1976, I was amazed at the lower than expected quality of his Liberty Head $10 gold coins. Many of them were not in outstanding grades. There were a lot of circulated pieces.
This NGC AU-58 has been my example of the type for many years,.
You could try a dealer who is active enough to service want lists.
For those that don't know who the OP is, let me assure you that he is well represented by a national dealer and if he hasn't found one in the past few years then they are truly scarce.
Just don't have two want list dealers bidding against one another that are both trying to get it for you. HA of course has the "make offer to owner", he could go down the line on previously sold pieces and see what the owners want. Coins at this level are probably too rare to just show up without prior auction records.
@logger7 said:
Thanks, tried heritage already make offer to the owner, no offers accepted. Good advice on the two dealers bidding.
looks better than 58 to me !
Don't show your hand. They do pop up from time to time. Just be patient. If it doesn't happen this year, there's always next. With only about 40 MS64's at PCGS for type (figure 20-30 actual coins) most are already locked up in type or date sets. The MS63's at a pop of 60 are pretty scarce too. Very under-appreciated type coin that many people don't pay attention to, especially as they aren't inexpensive. MS65's are nearly non-existant.
Problem is that I want one until end of April
So after April you will no longer want this type coin? CAC has stickered only 9 each for type in 63 or 64. Could be a longer wait than I thought. Nearly every piece out there would be needed in a date/type set....and not enough coins to go around.
@BillJones .... what is that irregularity over the Eagles right (as viewed) wing? Cheers, RickO
I'll have to look at it. It's in the bank so I can't tell you immediately.
Looks like an obverse clash mark..possibly from a hair curl.
It looks like NGC has certified less than 50 of the no motto eagles in 63 or higher. https://www.ngccoin.com/census/united-states/gold-eagles/67/ And that's assuming certification labels were returned. Maybe a common date like 1849 will surface at 63 or above.
For research I would try all the usual tracking sites. You could pay a research expert to find who bought them if available, and see how "strong" the hands are that own them or whether they would be willing to sell through the auction companies or large dealers.