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

1865 $3 (Regular Strike)

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PCGS MS66+

PCGS MS66
PCGS #:
7986
Diameter:
20.50 millimeters
Designer:
James Barton Longacre
Weight:
5.02 grams
Edge:
Reeded
Mintage:
1,140
Metal Content:
90% Gold, 10% Copper
Auction Record:
$82,250 • PCGS MS66 • 2-9-2016 • Stack's/Bowers
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 300 R-6.4 5 / 41 TIE 5 / 41 TIE
60 or Better 20 R-9.1 7 / 41 TIE 7 / 41 TIE
65 or Better 6 R-9.7 10 / 41 TIE 10 / 41 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade

Simpson Collection

2 MS66 PCGS grade  
2 MS66 PCGS grade  
2 MS66 estimated grade  
5 MS65 estimated grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66+ PCGS grade

Simpson Collection

2 MS66 PCGS grade  
2 MS66 PCGS grade  
2 MS66 estimated grade  
5 MS65 estimated grade  
5 MS65 estimated grade  
8 MS64 PCGS grade  

Heritage 10/2009:1384

8 MS64 PCGS grade  
8 MS64 PCGS grade  
8 MS64 PCGS grade  
David Akers (1975/88): The 1865 has the lowest official mintage of any regularly issued date prior to 1881. Even with such a small mintage, this date was clearly made for commercial reasons, in contrast to most of those of the 1880's, as evidenced by the fact that the majority of known specimens are well worn. As is the case with most rare coins, this date is usualy overgraded by a substantial margin. In my experience it would rank fifth most difficult to obtain on choice condition behind the 1855-S, 1857-S, 1860-S, and 1854-D. I have seen only two full mint state pieces and three legitimate AU's. Even strictly graded EF's are hard to come by and I would estimate that four out of five specimens that I have seen were no better than VF-30.