The 1869 is the fourth rarest Type Two Double Eagle struck at the Philadelphia Mint
during the 1860’s.

This is a well struck issue. The possible reason for the issue being well struck was that William Barber replaced James Longacre as Chief Mint Engraver in 1869. Barber was, in general, more competent as an engraver than his predecessor and he may have decided to perform some minor changes on the Double Eagle. Many 1869 Double Eagles show good hair definition and sharply defined stars on the obverse.

Strike Quality, Surface Characteristics, and Eye Appeal Rankings

The reverse is usually well struck. The surfaces on 1869 Double Eagles are often abraded; although not as noticeably as on the 1867 and 1868 Philadelphia issues. The luster is generally frosty and slightly subdued. Original, uncleaned pieces have bright green-gold or attractive rose and orange coloration. These command strong premiums among collectors and dealers. A number of pieces have been cleaned and it is not uncommon to find examples with varying degrees of mint-made planchet faults. All in all, this is a date which can be found with above average eye appeal. There are no significant die varieties known to exist.