Lot 835
1860-S $3 Gold. PCGS graded EF-40. In one of the curious events noted by Breen, apparently 2,592 of the 7,000 minted were found to be underweight by officials at the San Francisco Mint. Thus, the underweight coins were melted, and coined into different denominations. Hence, the "net" mintage for 1860-S is only 4,408. Seldom found in grades of Extremely Fine, and almost unheard of much better, this choice, original coin will certainly attract bidding from collectors who've seen and rejected the usual problem coins so often encountered. Nicely centered and struck, this coin is very conservatively graded.
Estimated Value $1,100 - 1,300.
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| Realized $4,600 |
