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    Description

    Seldom-Seen Mint State 1854-D Three Dollar
    Bright, Brassy-Gold Surfaces

    1854-D $3 MS60 NGC. Ex: Kupersmith Collection. The 1854-D was the only three dollar gold piece struck at the Dahlonega Mint, to the extent of 1,120 coins. The Dahlonega Mint was established in 1838 to strike locally mined North Georgia gold into coinage.
    Jeff Garrett and Ron Guth write in Encyclopedia of U.S. Gold Coins:

    "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 United States $3 Gold Pieces, notes that most extant examples grade 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 likely resubmissions. None of the certified coins grade higher than MS62.
    The present Mint State example is among the finest that most collectors can hope to obtain. Its bright brassy-gold surfaces display satiny luster in the protected areas and a somewhat better-than-average strike. Most of the bonnet is sharp, and LIBERTY is bold. The reverse wreath is much better defined than usual, 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 do not significantly detract. Collectors desiring a high-grade example of this issue should give this coin serious attention.(Registry values: N10218) (NGC ID# 25M4, PCGS# 7970)

    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
    January, 2012
    4th-8th Wednesday-Sunday
    Bids + Registered Phone Bidders: 11
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