Lot 4650
1856 $3 Gold. NGC graded MS-63 PQ. Old holder. The surfaces are sleek and glowing with a healthy show of gold color. There is no toning. A generous amount of crisp detail for the type shows as well, further enhancing the luster. This includes those areas where the usual weak metal flows occur into the deepest channels of the dies leaving the centers bold. In other words, all devices are sharp to razor-sharp. The government, having gotten off to a good start in 1854 when 160,000+ $3 gold pieces were coined at three mints, quickly discovered there was little demand for an in-between denomination like this and so coinage declined steadily thereafter. In 1856, for example, a mere 26,010 $3 gold pieces were minted at Philadelphia. A bare handful of these remain in Mint condition today after more than a century and a half: Pop 14; 19 finer, 18 in 64, 1 in 65 (PCGS # 7974) .
Estimated Value $12,000 - 13,000.
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| Realized $18,400 |
