Heritage World Coin Auctions
ANA Signature US Coin Sale 1258 2-6 Aug 2017
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Three Dollar Gold Pieces
1864 $3 MS63 PCGS. Coinage of three dollar gold pieces in 1864 amounted to only 2,630 coins, all at the Philadelphia Mint. Such a mintage was not unusually low for the series, although the 1864 was produced more than a decade before collectors starting preserving low-mintage three dollar pieces in quantity for numismatic purposes. The 1864 is far rarer in Mint State than most of its 1880s counterparts, many of which have even lower mintage figures.
The typical Uncirculated 1864 three dollar gold piece grades only MS61 or MS62. Select examples are rarely offered, and the population declines even further in higher grades. We have not handled an MS63 coin since our June 2010 Long Beach Signature sale when a PCGS representative realized $11,500. This glittering yellow-gold example is in every regard its equal. Satiny luster shows a few light handling marks in the fields that define the grade but there are no significant detractions. Detail on the high points of Liberty's hair curls and the lower wreath and bowknot are intricately defined, as is the headdress. The faint remnants of die polishing lines in the fields allow for partial reflectivity when tilted beneath a light. A very eye-appealing example of this conditional rarity.
HID02901242017
1864 $3 MS63 PCGS. Coinage of three dollar gold pieces in 1864 amounted to only 2,630 coins, all at the Philadelphia Mint. Such a mintage was not unusually low for the series, although the 1864 was produced more than a decade before collectors starting preserving low-mintage three dollar pieces in quantity for numismatic purposes. The 1864 is far rarer in Mint State than most of its 1880s counterparts, many of which have even lower mintage figures.
The typical Uncirculated 1864 three dollar gold piece grades only MS61 or MS62. Select examples are rarely offered, and the population declines even further in higher grades. We have not handled an MS63 coin since our June 2010 Long Beach Signature sale when a PCGS representative realized $11,500. This glittering yellow-gold example is in every regard its equal. Satiny luster shows a few light handling marks in the fields that define the grade but there are no significant detractions. Detail on the high points of Liberty's hair curls and the lower wreath and bowknot are intricately defined, as is the headdress. The faint remnants of die polishing lines in the fields allow for partial reflectivity when tilted beneath a light. A very eye-appealing example of this conditional rarity.
HID02901242017