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1881 $3 MS62 PCGS. Those who believe that the 1911-D quarter eagle is a low mintage issue need consider the 1881 three doll...
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Description
Rare 1881 Three Dollar MS62
1881 $3 MS62 PCGS. Those who believe that the 1911-D quarter eagle is a low mintage issue need consider the 1881 three dollar piece. Only 500 business strikes were produced, and even if the 54 proofs are also included, the mintage is less than 1% of the emission of 1911-D quarter eagles. Yet, both issues trade for approximately the same value in MS62 grade. True, the 1911-D benefits from key date status within a collectible gold series. But in an era when any Mint State three dollar piece is subject to powerful demand as a gold type, a decidedly better date such as the 1881 provides excellent comparative value. Not surprisingly, given its small mintage, the present piece is rather prooflike. The lemon-gold surfaces are void of identifiable marks, and the strike is exacting. Liberty's profile is delicately clashed within the reverse wreath. Population: 8 in 62, 11 finer (2/06).(Registry values: N4719) (NGC ID# 25N4, PCGS# 8003)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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