1884 $3 MS67 NGC....

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Incredible Superb Gem 1884 Three Dollar Gold

1884 $3 MS67 NGC. From 1880 to 1886, production of three dollar gold pieces was so trivial that the 1,500 circulation-strike coins made in 1882 amounted to a boomlet. Meager output alone, however, cannot account fully for the 1884 three dollar gold piece's desirability. The comments by Garrett and Guth in their Encyclopedia of U.S. Gold Coins are perceptive:

"The 1884 $3 gold piece continues the run of low mintage dates the characterize the waning years of this denomination. However, for some inexplicable reason, this date was not saved or hoarded to the same degree as the others around it. For example, the number of surviving coins matches that of the 1881 issue, which has a mintage equal to exactly half of the 1884 issue."

The two authors later note that though survivors are elusive in an absolute sense, a significant proportion are Mint State, making it comparatively available in better grades. An overview of the combined certified population statistics reveals a mean grade of 62.1, though there is a natural bias toward higher-end coins, since impaired pieces do not appear in the combined certified population and heavily circulated examples have lower representation.
Checking the combined certified population also reveals that the three coins NGC has graded MS67 are the finest survivors known (3/09). This well-defined yellow-gold example is one of those three, strongly lustrous with considerable flashiness in the fields. Its eye appeal is bold and gorgeous. The plastic holder shows a thin scratch over the central reverse; this in no way affects the beautifully preserved surfaces of this Superb Gem.
From The American Princess Collection of $3 Gold.(Registry values: N1)

Coin Index Numbers: (NGC ID# 25N7, PCGS# 8006, GSID# 8655)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 1,000

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