1854-D $3 MS60 NGC....

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Desirable 1854-D Three Dollar, MS60

1854-D $3 MS60 NGC. This was the only three dollar gold piece struck at the Dahlonega Mint (1,120 coins), which was established in 1838 to turn locally-mined gold into coins. Jeff Garrett and Ron Guth, in their Encyclopedia of U.S. Gold Coins, write:

"The quality of the coins struck at the Georgia mint was miserable, due in part to poorly prepared dies and in greater part to an almost complete inattention to quality control. Virtually all (1854-D three dollar coins) are poorly struck on dull, lackluster planchets"

David Bowers, in his United States $3 Gold Pieces reference, writes that most extant examples of the 1854-D three dollar are designated from Very Fine to About Uncirculated. He estimates that only two to four Mint State coins exist today. NGC and PCGS have seen a total of 13 Uncirculated pieces, some of which are likely resubmissions. None of the certified coins grade higher than MS62.
The MS60 offering in this sale is thus among the finest that most collectors can hope to obtain. Its bright brassy-gold surfaces display satiny luster in the protected areas, and exhibit a somewhat better-than-average strike. Most of the bonnet is sharp, and LIBERTY is bold. The reverse wreath is much better defined than usually seen, including the leaf to the left of the date, an element typically incomplete. The dentils reveal the usual shallowness, however, and portions of the hair are weak. Several minuscule handling marks are noted, but these do not significantly detract. One desiring a high-grade example of this issue should give this coin serious attention.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 25M4, PCGS# 7970, GSID# 8661)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 1,120

View Certification Details from NGC