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    Description

    Choice BU 1854 Three Dollar Gold

    1854 $3 MS64 NGC. This denomination was authorized by the Act of February 21, 1853, the same Congressional legislation that reduced the weight of silver coinage. It was believed that a three dollar gold coin would be convenient for postal transactions, especially for the purchase of 100-piece sheets of three cent stamps. This issue marks the debut of the denomination, and it is technically a one-year type coin. The letters in DOLLARS are small and clearly shorter than the individual digits in the date. In all later years, these letters are taller, and approximately equal to the height of the date digits. Sharply struck and fully lustrous with rich pink-gold coloration. A few minor marks and abrasions are visible on both sides. Census: 95 in 64, 15 finer (8/06).(Registry values: N4719) (NGC ID# 25M3, PCGS# 7969)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper


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

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    Auction Dates
    September, 2006
    13th-16th Wednesday-Saturday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
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