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    Important 1854-D Three Dollar Gold, MS61
    Sole Date for the Denomination at Dahlonega

    1854-D $3 MS61 NGC. The three dollar gold denomination started its run with strikings at three different Mints, the main facility at Philadelphia and the southern branches in Dahlonega (gold-only) and New Orleans (gold and silver). The latter two Mints never struck another example of the denomination; San Francisco started in 1855 but was out after 1860, with the currently unique 1870-S three dollar its last hurrah. It was the Philadelphia Mint's strung-out tiny mintages, 35 years in the making, which made the three dollar gold one of the longest-lived of the "odd denominations" and added yet another dimension to its curious nature.
    While Philadelphia's long goodbye endeared the three dollar gold as a series to many collectors, the rarity of the 1854-D and its unique position as the only three dollar coin struck at a gold-only mint firmly established that date as a Southern gold collector favorite. As a low-mintage date (only 1,120 pieces struck), it is a natural key date that poses a challenge to find with even acceptable eye appeal.
    Garrett and Guth write in their Encyclopedia of U.S. Gold Coins, "In general the quality of the gold coins struck at [Dahlonega] was miserable, due in part to poorly prepared dies and in greater part to an almost complete inattention to quality control. The 1854-D issue is no exception." This radiant yellow-gold MS61 example, however, definitively beats the norm. The fine details of Liberty's hair are visible, and the surfaces are bright with luster. Struck from clashed dies with a long, shallow graze under the bust that has little impact on the eye appeal but combines with small, scattered marks to account for the certified grade. Census: 5 in 61, 1 finer (11/10).(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, 2011
    5th-9th Wednesday-Sunday
    Bids + Registered Phone Bidders: 12
    Lot Tracking Activity: N/A
    Page Views: 1,701

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    We also followed the bidding online yesterday here in Salt Lake for the other 3 coins - great fun. Prices realized met or exceeded our expectations.
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