Only
three regular issue U.S. coins are unique. The 1870-S half dime, the 1873-CC No
Arrows dime, and the 1870-S three dollar gold piece are each known by a single
example. Next in line is the 1861 Paquet double eagle from the Philadelphia
Mint. Once considered a pattern, this coin is clearly a regular issue double
eagle. Some might consider the 1866 No Motto quarter and half dollar to be
regular issue coins as well, although others consider these coins to be
patterns. Others might point to individual die varieties of early U.S. coins
that are unique, but among regular dates within the U.S. coinage series, just
three issues are unique, and the 1861 Paquet twenty is next. This important
rarity is absolutely necessary for a complete set of Liberty double eagles.
a third example of the 1861 Paquet double
eagle has been rumored, only two have been positively identified
Just two
examples are known. One of these is a Superb Gem and the other is lightly
flawed, but both pieces represent one of the most important issues in the
entire scope of U.S. numismatic history. Although a third example of the 1861
Paquet double eagle has been rumored, only two have been positively identified
during the 145 years since they were struck. The obverse is identical to the
design created by James Longacre for the Liberty Head double eagle, which was
introduced to regular issue coinage in 1850. In fact, the obverse die is from
the same coinage hub that was introduced in 1859, a slight modification of the
original hub.
Anthony C. Paquet
prepared a modified reverse design in 1860. The Paquet reverse is essentially a
copy of the Longacre design, made from new letter punches that provide a taller
and more compact appearance, leaving more space between words. The rays are
closer to the lettering, providing more room for the oval of stars. The actual
die field is slightly larger in diameter, with a narrower rim, and this was the
downfall of Paquet's design. Further die differences will be discussed below,
along with some fascinating comparisons between the various issues.