Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    1863 Three Dollar Gold, Remarkable MS66+

    1863 $3 MS66+ PCGS. CAC. The Indian Princess three dollar gold piece was introduced in 1854 with a design by Mint Engraver James B. Longacre. There were high hopes for the new odd-denomination coins, and three different mints struck them in their debut year.
    The denomination, nonetheless, failed miserably.
    It was never very popular with the general public, and some numismatists doubt the theories about its purported usefulness for purchasing 100 three-cent stamps or for obtaining 100 three cent silver pieces, which were also current in 1854.
    Mintages for the series sank rapidly, and the Civil War, beginning in 1861, ensured that later issues would be struck in even smaller numbers. The recorded production figures for circulation strikes decreased every year during the five calendar years of the Civil War, from 5,959 pieces in 1861 to 1,140 coins in 1865.
    The 1863 threes were struck in the amount of an even 5,000 pieces, but most of the issue saw little if any circulation; in fact, most gold and silver coins were hoarded throughout most of the Civil War and for many years thereafter. The Civil War may have accounted for the preservation of some exceptional Mint State examples, but perhaps only 15 Gem-or-finer coins survive today. The present piece is certified MS66+ by PCGS and shows the heavy clash marks on both sides that many survivors display; much of the profile of Liberty shows doubled outlines from the wreath on the reverse, slightly shifted between the two clashes in an interesting effect. A similar effect appears on the reverse.
    The aesthetic appeal of this coin is truly incredible, a piece that many numismatists would revel in seeing in person. Thick luster complements surfaces that range from yellow-gold to orange-gold with glints of mint-green. As expected from the high grade, Liberty's cheek in particular but the surfaces overall are notably free of distracting marks. A small diagonal tick to the right of the 3 in the date serves as a pedigree marker but is trivial otherwise. Some strike softness appears on the bowknot, but this piece is one of remarkable quality throughout. Population: 5 in 66 (1 in 66+), 3 finer (11/12).(Registry values: N7079) (NGC ID# 25MJ, PCGS# 7984)


    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2013
    9th-14th Wednesday-Monday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 553

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Consign to the 2017 June 21 - 23 World Coins Signature Auction - Hong Kong.

    Learn about consigning with us

    I found it reassuring that your appraisal of my coin was realistic.
    J.G. ,
    Red Rock, TX
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,093,915
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,406,663
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,852