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Lot
5636

1855 $3 MS64 NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 26, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Near-Gem 1855 Three Dollar
Conditionally Scarce
1855 $3 MS64 NGC. The mintages of early Philadelphia three dollar gold issues were harbingers of the denomination's eventual fate. The first-year 1854 had a generous mintage of 138,618 pieces, however the main Mint coined only 50,555 pieces the following year, and the year after that, the Philadelphia production was halved again.

While the 1855 is infrequently prized as a condition rarity, especially in the context of a series with many low-mintage issues, Choice and finer coins are genuinely scarce. This shining yellow-gold example exhibits flashy luster and well-defined obverse devices, though the bow on the reverse is soft. Modestly marked for the grade, with this issue's often-considerable die polish in the fields. Census: 21 in 64, 2 finer (3/13).
Ex: Long Beach Signature (Heritage, 5/2009), lot 1598, which realized $14,375.
From The Camano Island Collection.(Registry values: N4719) (NGC ID# 25M6, PCGS# 7972)

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