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Description

Semiprooflike Gem 1880 Three Dollar

1880 $3 MS65 NGC. By 1880 the three dollar gold denomination was spiraling downward, reaching a paltry production of only 1,000 pieces. However, astute collectors and dealers foresaw the series' end, squirreling away a few choice pieces. New York City coin dealer Thomas Elder specialized in three dollar gold coins in the early 20th century, trading several hundred examples of the 1879 and 1880 threes to another dealer in Chicago, Ben Green, around 1904. Although this is a low-mintage date, there are quite a few survivors for the few coins struck.
The present Gem boasts rich reddish-gold color. The usual brightness in the fields gives the coin a pronounced semiprooflike look, with just a bit of cartwheel luster intermixed. The coin is well but not fully struck, and the few light field abrasions are consistent with the grade. Census: 18 in 65, 5 finer (3/10).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 25N3, PCGS# 8002, GSID# 8651)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Melt Value: $169.34
Gold Spot: $1,167/oz (04-29-2010)
Mintage: 1,036


View Certification Details from NGC

Auction Info

Auction Dates
Apr-May, 2010
28th-2nd Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 503

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Apr 29, 2010 for: Not Sold
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