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    Description

    Gem Uncirculated 1862 Three-Dollar--The Finest Certified By Either Service

    1862 MS 65 NGC. With a mintage of 5,750 pieces, circulated 1862 threes are available, but are certainly not in great supply. Generally the 1862s that are available are XF or worse, with only a handful of pieces known today in strict mint condition. This is the finest example graded by either of the major grading services (1/98), but it may only be tied for finest known with two others--Taglione mentions a pair of MS 65 coins in his work on the series (of course, we do not know if these pieces would meet the standards for MS 65 required today). This coin has very pronounced die striations in the fields, a Mint-made occurrence common to all 1862 threes. These striations impart a bright semi-prooflikeness which is blended with mint frost, the mixture of which is often seen on high grade threes but rarely encountered in other series. Striking details are uncommonly bold, and there are few abrasions, the only ones of note being a pair of parallel scratches just to the right of the 2. (NGC ID# 7K5P, PCGS# 7983)

    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
    March, 1998
    19th-20th Thursday-Friday
    Bids + Registered Phone Bidders: 0
    Lot Tracking Activity: N/A
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    Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
    The Estate of David M. Faraday ,
    San Rafael, CA
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