LOT #1369 |
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1855 $3 MS66 NGC....
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Sold on Oct 23, 2009 for:
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Description
Marvelous 1855 Three Dollar Gold, MS66
One of the Two Finest Certified
1855 $3 MS66 NGC. By 1855, the second year of three dollar
gold coin production, the high hopes for it being accepted in the
channels of commerce diminished. Coinage dropped from 138,618
pieces at the Philadelphia Mint in 1854 to just 50,555 in 1855.
Production at the Dahlonega and New Orleans mints was discontinued
in 1855, but a small emission came out of San Francisco.Despite the significantly lower mintage, the 1855 Philadelphia issue can be located without too much difficulty in the About Uncirculated to lower Mint State range. However, as David Bowers notes in his 2005 $3 Gold Pieces treatise, "... coin for coin the 1855 is much more elusive than the 1854."
Most collectors are unlikely to encounter three dollar gold coins in grades MS64 or above. NGC and PCGS have certified about 40 near-Gems (a number of which are likely resubmissions), only four Gems, and a mere two Premium Gems. Our present 1855 offering is one of those two. Intense luster emanates from its richly toned orange-gold surfaces imbued with splashes of mint-green. Aside from minor weakness on the reverse bowknot and adjacent two leaves to its right, the design features exhibit sharp detail. A few unobtrusive ticks may well preclude the attainment of an even finer grade. A couple of grazes to the lower left of the 1 in the date are mentioned only because they may help in the coin's identification for future researchers and catalogers. Die striae are lacking on both sides, indicating that the coin is a later impression.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 25M6, PCGS# 7972, GSID# 8628)
Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 50,555
Auction Info
2009 October Signature US Coin Auction #1130 (go to Auction Home page)
Auction Dates
October, 2009
22nd-24th
Thursday-Saturday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 2,332
Buyer's Premium per Lot:
15% of the successful bid per lot.
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