Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 


Seldom-Seen Gem 1857 Three Dollar
Scarce Variety, Missing Part of Obverse I's

1857 $3 MS65 NGC. CAC. The antebellum production figure for the 1857 three dollar gold issue was 20,891 pieces, but issues from early in the series appear not to have been saved in any significant way, and the few collectors of the time preferred proofs to business strikes. Bowers wrote in his 2005 series reference that only 45 to 60 Mint State coin survive today, although changing grading standards may make that estimate outdated. PCGS shows 65 submissions in all Mint State grades, while NGC shows 106 grading events -- but both figures are certainly rife with duplications.
The present piece in Gem condition and certified by NGC is certainly among the few finest survivors of this issue, the sole NGC example in this grade and surpassed by a single MS66 NGC coin. The finest at PCGS are one each in MS65 and MS65+ (11/12). This orange-gold piece is remarkably free of even small signs of contact, and the minor strike softness that appears on the hair at the ear is typical for the issue. Generous luster liberally coats both sides with orange-gold coloration accented by deeper glints of amber near the rims. Note that this piece is a rare variety as well, missing the upper-left serifs on the I's in UNITED and AMERICA on the obverse, and the date on the reverse is higher. Bowers notes that "this variety is much scarcer" than the variety with normal legends. More importantly, this Gem appears to be the finest example we have offered at auction since 1998. Astute collectors will act accordingly. Census: 1 in 65, 1 finer (11/12).(Registry values: N7079) (NGC ID# 7K5G, PCGS# 7976)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2013
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 382

Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.

Heritage membership

sold in the last year

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your

Consignments wanted

Only 42 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

That the sale was a world record is very much a result of the effort and care you put into the sale and should be considered a salute to you.
Larry J.,
View More Testimonials receives more traffic than any other auction house website. To compare for yourself, visit:

Video tutorial

Getting the most out of search

Recent auctions

2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,887,709
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,681,373
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved