1878 $3 MS67 PCGS....

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Sold on Feb 6, 2009 for:

$69,000.00 Bid Source: Live: Floor bidder

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Description

Phenomenally Lustrous 1878 Three Dollar Gold, MS67
Tied for Finest Certified at PCGS

1878 $3 MS67 PCGS. Do not think of this as a type coin. Think of it as the ultimate type coin, one of the most phenomenal we have seen in recent memory. Thick, swirling luster and gorgeous color are the hallmarks of this incredible Superb Gem. For an issue that is normally above average in the luster department, this piece is superlative. The mint frost also shows deep, original reddish patina with occasional dashes of lilac interspersed.
One cannot help but notice that this amazing coin would upgrade even the current finest PCGS Registry Set of circulation strike three dollar gold pieces, which contains an MS66 example of the issue. This is unsurprising, since the present coin is one of only six 1878s certified at that service in MS67, and there are none finer (12/08). In fact, there are none finer graded of any three dollar gold piece at PCGS, save for a single MS68-certified 1854 coin--and many collectors consider the three 1854 issues to be a one-year subtype, due to the smaller font size of DOLLARS.
Series aficionados know that the dates usually selected for type purposes are either the 1854, which has by far the largest mintage, at 138,618 business strikes; the 1874, with a moderate midseries production of 41,800 coins; and the 1878, the last large three dollar gold emission, with a total of 82,304 pieces made.
Of course, beyond its obvious aesthetic appeal and potential for Registry Set collectors, this coin would upgrade any collection in which it resides, whether it be an assemblage of gold type, a complete U.S. type set, a year set, or one of the many other possibilities that spring to mind. Of all the many fabulous and important coins in the present auction, this special piece merits serious consideration and will undoubtedly generate some spirited bidding. Population: 6 in 67, 0 finer (12/08).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 25MZ, PCGS# 8000, GSID# 8649)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.16oz
Mintage: 82,324

View Certification Details from PCGS