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1867 $3 Three Dollar, Judd-597, Pollock-661, R.8, PR58 NGC....
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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 strikings, 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; William Rau Collection / Central States Signature (Heritage, 4/2018), where it brought $8,400.
From The Chinook Collection.
Coin Index Numbers: (NGC ID# 29MS, PCGS# 60809)
View all of [The Chinook Collection ]
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