1879 $3 MS65 NGC....

Click the image to load the highest resolution version.

Sold on Jun 4, 2010 for:

Sign-in or Join (free & quick)

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Flashy Gem 1879 Three Dollar Gold

1879 $3 MS65 NGC. The healthy mintage of 1878 three dollar coins made the piece a type issue, produced to the extent of more than 82,000 coins. This was related to the reestablishment of parity between silver coins, gold coins, and currency, something that had not occurred for more than two decades previous to that time. But after parity was achieved, there was no need for the three dollar gold coins to serve any particular function. The mintage plummeted in 1879 to a mere 3,000 coins.
This Gem example offers remarkably flashy, mirrored fields, but a bit of cartwheel blends in. This effect is seen on most business strikes in the series, while proofs lack the cartwheel appearance. The devices are nevertheless frosted and contrast against the fields with an unacknowledged cameo effect. The sharp strike has produced a full bowknot and complete venation on the wreath, but a hint of softness appears on the hair curls. Although a few light field marks occur, none are singularly mentionable. Census: 18 in 65, 3 finer (4/10).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 25N2, PCGS# 8001, GSID# 8650)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 3,000

View Certification Details from NGC