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    Fantastic MS66 1855 Three Dollar Gold

    1855 $3 MS66 NGC. As with other odd denominations of the 19th century, the three dollar gold piece saw its production fall dramatically from the first year to the second. In an article for the August 29, 2006 edition of Numismatic News, R.W. Julian describes the contrast between the mintages of 1854 and 1855: "Because of [the denomination's] novelty, there was a reasonable coinage of the new pieces at Philadelphia in 1854, nearly 139,000 pieces, but the demand and mintage would start to slip in 1855 and continue to do so."
    Julian continues by noting that "While there was never any great demand for the $3 gold piece, there was still enough gold deposited at the Philadelphia Mint in 1855" for another substantial issue, its mintage most often listed as 50,555 business strikes. While that figure is enough to qualify the 1855 as a higher-mintage issue in the context of the denomination, the 1855 was not saved in quantity the way the 1854 was. As a result, while the 1855 three dollar gold piece is an accepted type issue in circulated and the lowest Mint State grades, by the Select level, it is distinctly scarcer than the 1854, 1874, or 1878, the most common type issues.
    At the MS66 level, of course, all bets are off, and this Premium Gem is tied with a PCGS example at the top of the combined certified population (3/09). Each side of this yellow-orange beauty has the strong, swirling luster that characterizes the best examples. Well-defined with a dot of crimson alloy at the rim above the R in AMERICA on the obverse. In sum, a wonderfully preserved survivor with fantastic eye appeal.
    From The American Princess Collection of $3 Gold.(Registry values: N7079) (NGC ID# 25M6, PCGS# 7972)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The American Princess Collection of $3 Gold and Other Pieces ]

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    Auction Dates
    Apr-May, 2009
    29th-3rd Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
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