1904 Liberty Head Double Eagle. MS-65+ (NGC).

1904 Liberty Head Double Eagle. MS-65+ (NGC).，This outstanding premium Gem is seemingly earmarked for inclusion in a high grade gold type set. Fully struck with satiny mint luster, both sides are also adorned with pretty golden-orange patina. The 1904 is far and away the most common Liberty Head double eagle of any type in todays market. The mintage of 6,256,699 circulation strikes is the highest in the series and, even more importantly, most of these coins appear to have been used in international commerce. Any coins that remained within the borders of the United States would have been melted by the late 1930s, if not earlier, and the 1904 would be much scarcer in numismatic and investment circles. In truth gold coins did not circulate within the United States during the early 20th century except for in isolated areas of the West, and the output from the San Francisco Mint easily met that need. Given the multitude of 1904 double eagles extant, the vast majority of the mintage was clearly exported to England, France and other countries, where the coins remained until repatriated beginning in the mid to late 20th century. Today, this issue is obtainable with ease in grades up to and including MS-65 but above that level, as here, the 1904 is scarce to rare.，，