Feedback

X

Leave Comment

SERIES: Indian Princess $3 1854-1889
LEVEL: Year, MintMark, & Major Variety

1863 $3 (Regular Strike)

View All Coin Images

PCGS MS68+

PCGS MS68

PCGS MS66+
PCGS #:
7984
Diameter:
20.50 millimeters
Designer:
James Barton Longacre
Weight:
5.02 grams
Edge:
Reeded
Mintage:
5,000
Metal Content:
90% Gold, 10% Copper
Auction Record:
$211,500 • PCGS MS67 • 1-8-2014 • Heritage
Go To Grade
  • 20
  • 25
  • 30
  • 35
  • 40
  • 45
  • 45+
  • 50
  • 50+
  • 53
  • 53+
  • 55
  • 55+
  • 58
  • 58+
  • 60
  • 61
  • 62
  • 62+
  • 63
  • 63+
  • 64
  • 64+
  • 65
  • 65+
  • 66
  • 66+
  • 67
  • 68
  • 68+
20
1,000
1
20
25
1,150
2
25
30
1,350
30
35
1,700
2
35
45+
2,650
45+
50+
3,250
50+
53+
3,975
53+
55+
4,900
55+
58+
6,100
58+
62+
10,500
62+
63+
15,500
63+
64+
23,000
64+
65+
38,000
65+
66+
62,500
1
66+
68+
175,000
1
68+
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 650 R-5.7 19 / 41 TIE 19 / 41 TIE
60 or Better 75 R-8.2 18 / 41 TIE 18 / 41 TIE
65 or Better 15 R-9.3 22 / 41 22 / 41
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

Great Lakes Collection

1 MS68 PCGS grade  
3 MS67 PCGS grade  
3 MS67 estimated grade  
3 MS67 estimated grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

Great Lakes Collection

1 MS68 PCGS grade  
3 MS67 PCGS grade  
3 MS67 estimated grade  
3 MS67 estimated grade  
6 MS66+ PCGS grade

Heritage 1/2013:5833, not sold

7 MS66 PCGS grade  
7 MS66 PCGS grade  
7 MS66 PCGS grade  
7 MS66 PCGS grade  

Ron Guth: After more than two and a half decades of certification data, the 1863 $3 remains a relatively scarce date.  There are many dates which are considerably more common (1854, 1874, and 1878), and not many that have lower populations.  Dates that have similar certified populations include 1862, 1872, 1880, 1883, 1885, and 1886.  Of this group, the dates in the 1880s all have substantially lowere mintages than the 1863, indicating that they were saved to a greater degree and, conversely, that the 1863 received less attention from collectors.  This relationship is further confirmed by examining the quantities of Mint State survivors.  For 1880, 1883, 1885, and 1886, Mint State examples represent a higher percentage of the total population than they do in 1862 and 1872, which means that collectors focused their attention more on the dates in the 1880s than they did in the 1860s and 1870s.

Clashed dies are common on this date, but early strikes can be found with no clashing.

Though Mint State examples of the 1863 $3 are scarce, they often come nice.  Nearly a dozen examples have been certified MS65 or better by PCGS.  The top examples rate MS68.


David Akers (1975/88): The 1863 is scarce in all grades and rare in full mint state. However, this date is not nearly as rare as Walter Breen's monograph indicates, and in fact the date rates no higher than 25th out of 44 according to number of appearances in our 238 catalogue auction survey. I have seen a fair number of choice uncirculated specimens, including at least five that were MS-65 or better. Most business strikes that I have seen have prominent clash marks on both the obverse and reverse.