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    Description

    Underrated 1879 Three Dollar, MS64

    1879 $3 MS64 PCGS. Eye-catching red-gold coloration and satiny surfaces differentiate this coin from other near-Gem three dollar gold pieces. Although 1878 threes are at least 10 times as common as 1879-dated examples, the price guides show little difference in value, making the current offering more desirable when faced with a choice between the two issues. Researchers are diligent in noting that the 1879 three dollar gold pieces were saved--and even hoarded--by contemporary collectors and dealers. So, even though the paltry mintage of 3,000 pieces seems incredibly small when compared to the 82,304 total for the 1878 issue, Mint State examples are available. Nonetheless, the value of the 1879 three dollar is, in our opinion, artificially low due to the lack of demand by those collecting the series by date. As of (9/08), PCGS has certified only 39 coins finer than the specimen offered here.(Registry values: N2998) (NGC ID# 25N2, PCGS# 8001)

    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 Info

    Auction Dates
    October, 2008
    23rd-24th Thursday-Friday
    Bids + Registered Phone Bidders: 4
    Lot Tracking Activity: N/A
    Page Views: 273

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