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    Description

    Near-Mint State 1854-O Three Dollar

    1854-O $3 AU58 NGC. Variety 1. Treasury officials apparently held high hopes for the new three dollar gold denomination that would debut in 1854, since the pieces were struck not only in Philadelphia but also in Dahlonega and New Orleans. Theoretically San Francisco could have struck the coins as well, and did so in the following year, 1855. But enthusiasm and large mintages waned soon after. New Orleans never again struck the denomination after the 1854-O, and San Francisco would drop out by 1860 (the unique 1870-S was apparently a ceremonial issue).
    The present near-Mint State 1854-O three displays bright yellow-gold surfaces with slightly reflective fields. The obverse is better-struck than the reverse, which exhibits softness on the bow and wreath high points. Light, undistracting abrasions dot each side, and thin remnants of luster glow around the margins.(Registry values: N2998) (NGC ID# 25M5, PCGS# 7971)

    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 Info

    Auction Dates
    November, 2011
    8th-10th Tuesday-Thursday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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