1854-O $3 AU58 PCGS. Variety 2....

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1854-O Three Dollar Gold, AU58
Only O-Mint Three

1854-O $3 AU58 PCGS. Variety 2. The three dollar denomination was introduced in 1854 and the New Orleans Mint struck a small mintage of 24,000 pieces. A single die pair was used to strike the coins, but two distinct die states are known. This coin represents the heavily lapped reverse Variety 2. No three dollar coins were struck at the New Orleans facility after 1854 and the issue is rare in Mint State grades today. This attractive near-Mint example displays just a trace of friction on the devices, but the reverse shows the typical loss of detail on the date and ribbon bow, due to lapping. The lustrous yellow and greenish-gold surfaces are lightly abraded and show traces of prooflike reflectivity in sheltered areas. Population: 29 in 58, 3 finer (3/21).
From The Cameron Collection. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 25M5, PCGS# 7971, Greysheet# 8662)

Weight: 5.02 grams

Metal: 90% Gold, 10% Copper

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