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    Description

    1854-O Three Dollar, AU58
    Requisite New Orleans Type

    1854-O $3 AU58 PCGS. Variety 2. The 1854-O was the New Orleans Mint's only venture into the mintage of three dollar gold pieces, making the issue essential for a complete O-Mint gold type set. Just 24,000 pieces were struck, most of which circulated. Uncirculated pieces are very scarce as a result. A number of borderline Uncirculated pieces exist, and over the years a few of these have migrated into Mint State holders.

    This near-Mint example shows just a touch of wear. The fields are partially prooflike and the the bow is incomplete, suggesting the dies were lapped. An interesting die flaw exists adjacent to U in UNITED -- an unusual strike-through -- which exists not only on the present coin, but others in our archive. A survey of 72 pieces reveals that 12.5% of the sample have the same anomaly (one in eight coins on average). Interestingly, all of these examples show lapped dies and die cracks through a weak mintmark. Still, this piece is attractive with only a bit of light chatter and lustrous, sun-gold surfaces. Population: 28 in 58 (1 in 58+), 2 finer (7/17).(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 Dates
    September, 2017
    7th-10th Thursday-Sunday
    Bids + Registered Phone Bidders: 8
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