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    Description

    Near-Gem 1856 Three Dollar
    Scarce in Mint State

    1856 $3 MS64 PCGS. By the third year of the three dollar denomination, it was clear that demand was supplanted by the quarter eagle. The 1856 mintage at Philadelphia was only 26,010 pieces, about one-fifth the 1854 coinage and about one-half the 1855 emission. The 1856-S had a higher mintage than its Philadelphia counterpart, for the first and only time for the series. Although later Philly dates were hoarded to some extent, especially the 1878, the 1856 is very scarce in Mint State, and is a great rarity above the MS64 level. This is a coruscating near-Gem without any visible marks. There are a couple of minuscule strike-throughs (as made) on the right obverse field and a brief, slender streak of struck-in grease near the right wreath end. Population: 33 in 64, 3 finer (11/11).(Registry values: N4719) (NGC ID# 25M8, PCGS# 7974)

    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
    January, 2012
    4th-8th Wednesday-Sunday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
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