Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: San Francisco
Mintage: 7,000
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: $188.91 (4/16/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1860 S $3 MS obverse 1860 S $3 MS reverse


  
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Description & Analysis

The rare 1860-S three dollar piece has a reported mintage of 7,000 coins. Per Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, however: '... 2,592 were found lightweight and remained unissued until December 1869, when they were melted for recoinage into other denominations.' Accordingly, the net mintage would be 4,408.

In addition to this relatively small net mintage, another factor helps to explain the rarity of the 1860-S three dollar. Jeff Garrett and Ron Guth, in their Encyclopedia of U.S. Gold Coins, write: 'As with other S-mint issues, very few were put aside by collectors, resulting in a dearth of Mint State examples today. Even circulated pieces are rare, and most of those fall below the AU-50 level.'

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.

1860 S $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ 550 750 990 1575 3300 3300 7250 8300 10000 17250 28750 41500 51500 - - - - - - - -
$ 3600 7900 9100 11500 19000 31100 47000 57000 - - - - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 142
Low Grade: G
Average Grade: 45
High Grade: 61


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
4/27/2014 XF 40   Heritage Auctions 2014 April 23 - 27 CSNS US Coin Signature Auction - Chicago Session(6), 1204/Lot# 6259


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
11/19/1997 NGC XF 40   Teletrade Auction 0999, 999/Lot# 2049 $975.88
8/7/2000 NGC AU 58   Heritage Auctions Philadelphia 2000 #232, 232/Lot# 7195 $8,337.50
3/31/2011 NGC AU 50   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 6460 $5,462.50
9/4/2011 NGC   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1982 $1,178.75
3/25/2012 PCGS VF 30   GreatCollections GreatCollections Coin Auctions 03/25/2012, 15/Lot# 42915 $1,100.00
7/26/2012 NGC AU 50   Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 412 $1,380.00
9/6/2012 NGC AU 55   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(3), 1174/Lot# 4865 $8,225.00
1/9/2013 NGC XF 40   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(6), 1181/Lot# 7035 $1,997.50


NGC Registry

NGC Registry Score 1860 S $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8749089259331284184328983601429946815176546657476685785913334190642770540893431664553153493
8859139271050147021943132383344264846527255596059707696841524421944321014165043954481850
000000313238334426484652725559605970769684152442194432101416504395400
0000003366406645535011536956536372746711509171542482436497424084474200
1860 S $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: AU 58
Points: 5176
Owner: Whidbey Island Collection
 
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