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    Description

    1867 Three Dollar in Nickel
    Judd-597, PR58

    1867 $3 Three Dollar, Judd-597, Pollock-661, R.8, PR58 NGC. The regular issue design for the 1867 three dollar gold piece. Struck in nickel with a reeded edge. At least three examples of this pattern variety are known. What is not known are the circumstances surrounding the issue of these pieces. They are alleged to be off-metal dies trial striking, but more likely is the profit motive. They were probably struck a few years later for sale to collectors. Examples are also known in copper and silver, thus the possibility that three-piece sets of these patterns were sold. Alternatively, Saul Teichman (USPatterns.com) suggests that they might be mint errors, struck on planchets intended for Shield nickels. Both denominations have exactly the same diameter, so his theory is certainly possible. The surfaces of this piece are bright with pale color. A distinctive planchet void is seen to the left of the 3 as a reliable pedigree identifier.
    Ex: ANA Signature (Heritage, 8/2001), lot 8344, where it realized $4,485.
    From The Collection of William Rau.

    Coin Index Numbers: (NGC ID# 29MS, PCGS# 60809)


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