No double eagles were struck for circulation at the Philadelphia Mint during the years 1883, 1884, and 1887. However, a limited number of proof coins were struck for collectors.
Mintages for the 1883, 1884, and 1887 Proof Liberty Double Eagles (Buy on eBay) were just 92, 72, and 121, respectively. For each issue approximately 20 to 30 survive in all grades, with many of these being impaired in one way or another.
The lack of circulation strike issues for these years adds great allure to the proofs, and leads them to command premiums above the other Proof Liberty Double Eagles with similar mintage and survival levels.
An example of the 1883 Proof Double Eagle graded NGC PF 65 Cameo sold for $212,750 in January 2006. The 1884 graded PCGS PR64 sold for $207,000 in October 2008. An incredible example of the 1887 graded NGC PF 67+ Cameo with star designation sold for $402,500 in January 2011. In addition to being a desirable proof only issue, this also ranks as one of the finest graded proofs of the series regardless of date.
- Designer: John B. Longacre
- Composition: 90% Gold, 10% Copper
- Weight: 33.436 grams
- Diameter: 34 mm
- Edge: Reeded