LOT #8324 |
Sold on Nov 5, 2004 for:
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1878 $3 MS66 NGC....
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Sold on Nov 5, 2004 for:
Not Sold Description
Premium Gem 1878 Three-Dollar Gold Piece
1878 $3 MS66 NGC. The 1878 issue has the highest single year production of any three-dollar gold issue. In fact, the mintage of this year soared to 82,324 coins, a total that includes 20 proofs. For any other regular issue gold denomination, this would be considered a modest mintage that would often lead to consideration as a scarce date. In 1878, all it got for this issue is its status as the most common date in the series. This hardly seems to be great salesmanship, except this is an important issue for the type collector, and this coin is one of the finer examples available. For the entire denomination from 1854 through 1889, NGC has certified less than 100 coins at this grade level and only 25 finer examples. This frosty yellow-gold Gem has excellent aesthetic appeal. The obverse is bright yellow while the reverse has additional pale rose coloration. The surfaces are nearly flawless, and only a little sharper strike would have placed this in the Superb Gem grade range.(#8000) (Registry values: N4719)Coin Index Numbers: (NGC ID# 25MZ, PCGS# 8000, GSID# 8649)
Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 82,324
Auction Info
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 128
Buyer's Premium per Lot:
15% of the successful bid per lot.
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