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The 1854 Double Eagle featuring the Liberty Head design is a significant and historically important U.S. $20 gold coin. This coin was part of the early mintage of Double Eagles, which were first introduced in 1849. The 1854 date is particularly notable as it was struck during a period of the California Gold Rush, and the eureka hoard refers to a cache of these coins discovered many years later, often under exciting circumstances, making it a key piece for collectors.
The NGC AU-53 grade means the coin is in About Uncirculated condition. It shows light wear on the high points of the design, but the coin still retains much of its original detail and luster. In an AU-53 grade, the coin exhibits minimal signs of circulation, with some wear visible only under magnification, making it an attractive choice for collectors looking for a well-preserved example of the coin.
The eureka hoard refers to a significant group of these 1854 Double Eagles that were found in the 20th century, adding to the coin's historical intrigue and rarity. The NGC certification (National Numismatic Certification) ensures the coin’s authenticity and verifies its quality at the AU-53 grade.
The 1854 Double Eagle is one of the more collectible issues in the Liberty Head series, and its connection to the Eureka Hoard further increases its desirability among numismatists.