1859 $3 MS (PCGS# 7979)

2012 February 2-5 US Coins Signature Auction- Long Beach #1167

  • Auctioneer:
    Heritage Auctions
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Lot Description
1859 $3 MS64 NGC. The mintage of business strike three dollar gold pieces in 1859 was a generous -- for the series -- production of 15,589 coins, but most of them circulated to one degree or another, and today the average certified survivors grades about AU55. Mint State examples number only 70-90 pieces, according to the Bowers series reference, although we suspect that total is somewhat on the low side. This near-Gem is among the finer survivors, with pleasing orange-gold surfaces that are well-struck throughout. Minor die clashing appears on the reverse, and we note a single straight scrape in the left obverse field, between the chin and U, that helps determine the grade. Other minor contact and light hairlines appear only under a loupe. Census: 20 in 64, 5 finer (12/11).
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