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Description

Elusive 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. Unsurprisingly, given its small mintage, the present piece is prooflike. The lemon-gold surfaces are void of identifiable marks, and the strike is fully brought up. Liberty's profile is lightly clashed within the reverse wreath. Population: 8 in 62, 12 finer (6/09).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 25N4, PCGS# 8003, GSID# 8652)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Melt Value: $138.58
Gold Spot: $955/oz (07-31-2009)
Mintage: 500


View Certification Details from PCGS

Auction Info

Auction Dates
Jul-Aug, 2009
31st-2nd Friday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 250

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

Sold on Aug 1, 2009 for: Not Sold
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