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    Frosty, Gem 1878 Three Dollar Gold, MS66 NGC

    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) (NGC ID# 25MZ, PCGS# 8000)

    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
    February, 2005
    23rd-24th Wednesday-Thursday
    Bids + Registered Phone Bidders: 6
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