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1861 $3 MS67 NGC....

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Description

Majestic 1861 Three Dollar Gold Piece, MS67
The Finest Certified Example

1861 $3 MS67 NGC. The 1861 three dollar comes from a low mintage of 5,959 circulation strikes. A couple hundred or so examples have survived to the present day, mostly in Extremely Fine to About Uncirculated condition. David Bowers, in his The United States $3 Gold Pieces reference, gives an estimate of 35 to 50 Mint State specimens known. An inspection of NGC/PCGS population figures shows that the two services have certified a little more than 100 Uncirculated pieces. Many of these, however, are likely resubmissions or crossover coins. The issue is highly elusive in the near-Gem level of preservation and finer. The two services have graded fewer than 15 MS64s, a mere four Gems, two Premium Gems, and a solitary MS67--the specimen in the current offering.
Both sides exhibit two shades of peach-gold coloration tinted with whispers of mint-green, and a well executed strike delivers virtually complete definition to the design features. The motifs are lightly frosted and stand out against the somewhat prooflike fields. Both surfaces display die striations, as do nearly all high-grade 1861 three dollar gold examples. Close inspection with a loupe reveals impeccably preserved faces, devoid of the sometimes-seen planchet flaws or carbon inclusions. Alloy stains are also absent. It is no wonder that the foregoing attributes synergistically combine to render this majestic coin the finest certified 1861 three dollar gold specimen.(Registry values: N1)

Coin Index Numbers: (NGC ID# 25MG, PCGS# 7982, GSID# 8634)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 5,959

View Certification Details from NGC

Auction Info

2009 October Signature US Coin Auction #1130 (go to Auction Home page)
Auction Dates
October, 2009
22nd-24th Thursday-Saturday
Bids + Registered Phone Bidders: 24
Lot Tracking Activity: N/A
Page Views: 2,067

Buyer's Premium per Lot:
15% of the successful bid per lot.

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