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The 1899-P Double Eagle, featuring the Liberty Head design, is a U.S. $20 gold coin minted at the Philadelphia Mint, as indicated by the "P" mintmark. The PCGS MS-61 grade means the coin is in Mint State condition, showing minimal signs of wear or damage. While it retains much of its original luster, it may have minor contact marks or light hairlines, which prevent it from achieving a higher grade. MS-61 is a solid grade for a Mint State coin, indicating the coin is well-preserved but with some imperfections visible under magnification.
The Liberty Head design, created by Christian Gobrecht, was used on U.S. gold coins from the late 1800s to early 1900s. The 1899-P Double Eagle is highly collectible, as Philadelphia mintages of the $20 Double Eagle are less common compared to those from other mints like San Francisco or New Orleans. The PCGS (Professional Coin Grading Service) certification guarantees the coin's authenticity and condition, making it a desirable piece for collectors of U.S. gold coins.