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Lot
1903

1854-D $3 AU55 PCGS....

2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110

 
Sold for: $51,750.00 (includes BP )
Bid Source: Live: Phone bidder
Auction Ended On: Jun 27, 2008
Item Activity: 12 Internet/mail/phone bidders
1,931 page views
Description:
Scarce Choice AU 1854-D Three Dollar Gold
1854-D $3 AU55 PCGS. Variety 1-A. With the exception of the presumably unique 1870-S, which is permanently impounded in the Bass Foundation Collection, the 1854-D is the most keenly sought-after of all three dollar gold issues, at virtually every grade level. This was also the only three dollar issue from the Dahlonega Mint. Combined with a low mintage of just 1,120 coins, the '54-D has always been understandably important and popular among numismatists.
The production of coinage in 1850s rural Georgia must have been quite a challenge, and this coin shows evidence of such difficulties. Although the obverse design elements are actually rather well executed for the issue (except for the U of UNITED), there is a noticeable planchet lamination that extends from the upper left periphery between D and S diagonally down to Liberty's forehead, ending just above the eye; and a large L-shaped clash mark resides to the left of Liberty's throat. On the reverse, there are moderate clash marks in the central field areas, and a leaf to the left of the date is characteristically weak. The expected slight degree of highpoint wear, for the grade, exists on each side of the coin, along with some wispy hairlines and a few minor abrasions.
In 2005, Q. David Bowers and Douglas Winter estimated the number of circulated 1854-D survivors at 115 to 160 pieces, plus two to four coins in Mint State. The authors point out that this number represents an unusually high survival rate, and theorize that the hoarding of Dahlonega and Charlotte Mint gold coins during the Civil War is the most probable explanation. In Choice AU or finer grades, however, the total number of pieces extant is much smaller, making this example a conditionally scarce and highly desirable offering. Population: 20 in 55, 12 finer (5/08).


From the Estate of Robert R. Rollins Collection, Part Two.(Registry values: N7079) (#7970)

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Guides and Pricing Information:

Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1168, Lot 4002 Sunday, March 11, 2012 55 PCGS $43,125.00
Auction 428, Lot 2635 Thursday, October 26, 2006 55 PCGS $40,250.00
Auction 1162, Lot 4497 Sunday, December 11, 2011 55 NGC $37,950.00
Auction 1154, Lot 5352 Sunday, May 1, 2011 55 NGC $40,250.00
Auction 434, Lot 2262 Saturday, May 12, 2007 55 ANACS $17,250.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)
Source Date Grade Service Realized
Unconfirmed Friday, October 21, 2011 55 PCGS $44,850.00
Unconfirmed Thursday, November 4, 2010 55 NGC $37,950.00
Unconfirmed Monday, September 20, 2010 55 PCGS $42,550.00
Unconfirmed Tuesday, February 13, 2007 55 ANACS $12,650.00
Unconfirmed Monday, July 25, 2005 55 NGC $33,350.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.
Price Guide*
Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
53 --- $40,630 $32,500 $29,250 $29,500 $47,500 $49,500
55 $48,500 $48,440 $38,750 $35,750 $36,000 $55,000 $57,500
58 $57,500 $56,250 $45,000 $41,500 $42,000 $65,000 $70,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.
Population Guide
Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 1,100 James B. Longacre
NGC 55 17 33 91 -
CAC 55 3 3 11 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.
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