Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 89
Catalog: KM-84
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 5.0150g
AGW: 0.1451oz
Melt Value: $177.70 (9/23/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1883 $3 PF obverse 1883 $3 PF reverse


Images courtesy of Heritage Auctions (HA.com)
  
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Description & Analysis

1883 at the nation's mints was a year chiefly dedicated to the spewing out of millions of unwanted and unneeded Morgan dollars, as mandated by the Bland-Allison Act of 1878. Three types of five cent nickels were produced in considerable quantities, but three cent nickel coinage was negligible. Quarters, half dollars, and gold coins below the half eagle were produced in strictly token amounts, while the double eagle was produced only in proof format, to the extent of 92 pieces. The mintage of three dollar gold pieces, as it did in 1881, again dipped below four digits, this time to the extent of 900 business strikes and 89 proofs. Although some earlier researchers, such as Harry W. Bass, Jr., believed that business strikes were struck from the proof obverse die, Breen's proof Encyclopedia says that a different die was used. However, both proofs and some business strikes are seen with a speck of die rust in the plume above the T in LIBERTY, as on the present coin. According to Q. David Bowers' The United States $3 Gold Pieces the reverse die, however, is definitely different on the proof coins. The wreath tops are unconnected and show an area of proof surface between them, while on business strikes the wreath tips touch. The proofs show the peak of the 1 in the date centered beneath the left tip of the serif of the first L in DOLLARS, while on the business strikes this digit is minutely to the left of that position.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 7/5/2013

Click on a price to see historical prices, comparison charts and trends.

1883 $3 PF
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - 5850 6880 7810 9350 13750 18750 33750 50630 - - - -
$ - - - - 6300 7400 8400 10100 14900 20300 36500 55000 - -
1883 $3 PF Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - 16060 21880 35630 - - - - -
$ - - - - - - - - 17300 23600 38500 - - -
1883 $3 PF Ultra Cameo
  GVGFVF4045505355586061626364656667686970
Base $ - - - - - - - - - - - - - - 26500 36880 56880 - - - -
$ - - - - - - - - - 28500 39800 61000 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 39
Low Grade: 62
Average Grade: 64
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/3/2012 NGC Proof 65   Ultra Cameo Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(5), 1166/Lot# 4822 $29,900.00
7/12/2012 PCGS Proof AU 58   Heritage Auctions 2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando Session(3), 1172/Lot# 4831 $5,750.00
9/6/2012 NGC Proof 64   Heritage Auctions 2012 September 601 Signature World & Ancient Coin Auction - Long Beach Session(6), 3020/Lot# 28101 $998.75
7/11/2013 NGC Proof 62   Cameo Heritage Auctions 2013 July 11 - 14 US Coins Signature Auction - Orlando Session(1), 1187/Lot# 3342 $9,987.50
1/26/2014 PCGS   Goldberg January 26-28, 2014 January Pre-Long Beach Sale 17.5% BP, 78/Lot# 1745 $7,637.50


NGC Registry

NGC Registry Score 1883 $3 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base1111111928275428022834288029103149414147065158654570779588118361517419820
111116432203277028122849289029893479432948565620672279141033712948167220
000000220327702812284928902989347943294856562067227914103371294800
000000247827862823286429003069381045175007608268998751110861406100
1883 $3 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1111112124300930603094314431763431448550845563702775861022612580160661
111117082419302630713110315432613782468452436051721384661101013742160660
000000241930263071311031543261378246845243605172138466110101374200
000000271430433082312731653346413348845403653973999346117951490400
1883 $3 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1111112464344735033541359536313912507157266248783984451129413823175531
111118222791346535153559360737244298528959006778804193941213715066175530
000000279134653515355936073724429852895900677880419394121371506600
0000003119348435283577361938184684550760747308824310344129801630900
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