Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 1,300
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: $189.92 (7/25/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1871 $3 MS obverse 1871 $3 MS reverse


  
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Description & Analysis

By 1871, the three dollar gold denomination had long outlived whatever usefulness it might have had, Paul M. Green, in an article for Numismatic News published October 21, 2008, needled the oft-floated rationale for the three dollar gold piece as a way to buy sheets of stamps, suggesting that perhaps a member of Congress anticipated 'an outbreak of pen pals.' Certainly, the 1,300 business strike three dollar gold pieces in 1871 did not buy too many stamps.

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.

1871 $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ 500 620 750 925 1660 1660 2280 2590 2975 3900 5000 5400 8800 12900 20000 43550 62780 - - - -
$ 1830 2510 2800 3200 4200 5400 6000 9800 14000 23000 47000 68000 - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 187
Low Grade: 40
Average Grade: 58
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/1/2008 PCGS AU 55   Teletrade Auction 2593, 2593/Lot# 2272 $3,220.00
1/3/2011 NGC MS 63   Stack's Bowers The January 2011 Tampa Bay Rarities Sale, 70/Lot# 1422 $10,637.50
1/6/2011 NGC AU 58   David Lawrence Rare Coins Thursday - Internet Auction # 547, 554/Lot# 5067 $2,887.65
9/4/2011 NGC AU 58   Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1995 $3,105.00
9/6/2012 PCGS XF 45   Heritage Auctions 2012 September 6-9 US Coins Signature Auction- Long Beach Session(3), 1174/Lot# 4877 $1,880.00
8/8/2013 NGC MS 65   Prooflike Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(5), 1188/Lot# 5822 $32,900.00
8/8/2013 PCGS MS 62   Heritage Auctions 2013 August 8 - 10 US Coins Signature Auction - Rosemont Session(4), 1188/Lot# 5039 $6,756.25
4/27/2014 PCGS AU 53   GreatCollections GreatCollections Coin Auctions 04/27/2014, 173/Lot# 187459 $2,328.70


NGC Registry

NGC Registry Score 1871 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base9691036110711811258150517181907224524402702286030573675421752017077824711971162882256931829
991105911311206134015761781201923102527275429253263385545455826746794881341018381256550
000000178120192310252727542925326338554545582674679488134101838100
0000001844213223752614280729913469403648736451785710729148492047500
1871 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: AU 58
Points: 2702
Owner: Whidbey Island Collection
 
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