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Description

Condition Rarity 1879 Three Dollar, MS66

1879 $3 MS66 NGC. Three dollar gold mintage plummeted from 82,304 circulation strikes in 1878 to 3,000 pieces in 1879. David Bowers (2005) attributes this to the realization by the Treasury Department that the public was not going to exchange significant amounts of paper bills for gold coins, as was intended in the Specie Resumption Act of 1875.
Despite the small mintage, the 1879 is available in Mint State grades through MS64. Gems are more elusive, and anything finer is quite rare. The peach and yellow-gold surfaces of this Premium Gem yield semiprooflike fields that offset the devices. Both sides are sharply struck and minimally abraded. Census: 3 in 66, 0 finer (3/09).
From The American Princess Collection of $3 Gold.(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


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Auction Info

Auction Dates
Apr-May, 2009
29th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
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