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    1876 Three Dollar Gold, PR50
    Rare Proof-Only Issue

    1876 $3 PR50 PCGS. According to Mint records, the mintage of proof three dollar gold pieces was increased from 20 coins in 1875 to 45 examples in 1876, probably due to increased demand occasioned by the nation's Centennial celebration. However, like the previous year, no business-strike three dollar coins were struck in 1876, putting intense pressure on the small supply of proofs from date collectors. Surprisingly, John Dannreuther notes two die varieties are known for the date. This coin represents the JD-2 variety, with the tip of the bow positioned to the right of the 7 in the date. Both die varieties are seen with different die rotations, suggesting the coins may have been struck on four separate occasions, but Mint records only list two deliveries, 20 examples on February 19 and 25 on June 13. It is possible that some additional examples were struck later, as the surviving population is estimated at about 40 examples in all grades, too many for a production total of 45 pieces.

    The present coin is a lightly abraded PR50 specimen, with some light wear on the strongly impressed design elements. The pleasing yellow and rose-gold surfaces show reflective fields in sheltered areas around the devices. Housed in a green label holder. Population: 1 in 50, 31 finer (10/18).
    From The HBC Collection. (Registry values: N4719)

    Coin Index Numbers: (NGC ID# 28AJ, PCGS# 8040)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The HBC Collection ]

    View Certification Details from PCGS

    Auction Info

    Auction Dates
    January, 2019
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 9
    Lot Tracking Activity: N/A
    Page Views: 238

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