Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
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: $176.59 (9/21/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1873 CLOSED 3 $3 MS obverse 1873 CLOSED 3 $3 MS reverse


  
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Description & Analysis

The 1873 is a seldom-found key date in the three dollar gold series. Most pieces encountered are in XF or AU grade. Mint State coins are infrequently offered. Both proofs and business strikes are found in the Closed 3 and Open 3 varieties, with most circulation strikes Closed 3s and most proofs Open 3s. No reliable mintage figures exist. Mint records enumerate 25 proof coins, with no mention of business strikes at all. This has led to speculation over whether some coins might be restrikes. Bowers' three dollar gold reference conjectures that 600 to 900 Closed 3 business strikes were issued, probably early in the year, with the Open 3 issues made later in 1873. Others believe the Open 3s were made at a later date. The legendary B. Max Mehl had earlier commented: 'According to Mint records, only 25 pieces were struck. This, however, I do not believe is correct as a larger number was undoubtedly struck. However, it is of great rarity.'

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: 9/11/2014

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1873 CLOSED 3 $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ - 2825 3375 4600 8000 8000 14000 16000 18100 25000 30000 36750 43500 67500 95000 - - - - - -
$ 9000 15750 18000 20500 27500 - - - - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 51
Low Grade: 50
Average Grade: 55
High Grade: 63


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/25/2000 NGC MS 61   Teletrade Auction 1370, 1370/Lot# 1534 $18,900.00
1/12/2005 PCGS MS 64   Heritage Auctions 2005 Ft. Lauderdale FL. (FUN) Signature Sale #360, 360/Lot# 30429 $48,875.00
2/11/2007 NGC AU 53   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2226 $13,800.00
1/6/2011 NGC Details AU Details  David Lawrence Rare Coins Thursday - Internet Auction # 547, 554/Lot# 5068 $4,715.00
1/1/2013 PCGS MS 61   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 13301 $27,612.50
5/25/2014 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 05/25/2014, 183/Lot# 195133 $17,930.00
8/5/2014 NGC MS 62   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(4), 1208/Lot# 5642 $30,550.00


NGC Registry

NGC Registry Score 1873 CLOSED 3 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1857196620792197264332383817429051805656626366166820719876518601130371687822265299253173233619
1893200321182345284134313974458653385858638066846946734979671007914317186732481830527323610
000000397445865338585863806684694673497967100791431718673248183052700
000000413248835497606064986752707275008284115581559720469273713112900
1873 CLOSED 3 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery

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Related Articles

From the NGC Archives: 1873 Three Dollar Piece

6/14/2011  — Though there were banknotes of this denomination circulating before the Civil War, the three-dollar gold coin never really caught on.
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