Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 2,300
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: $185.95 (8/23/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1889 $3 MS obverse 1889 $3 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Long before the denomination was discontinued in 1889, the writing was on the wall for the three dollar gold piece. Not since 1878 had the mintage exceeded 6,000 pieces and token productions of 500 to 1,500 business strikes during this period was more the norm than the exception.

A mere 2,300 pieces were issued in this final year, few of which actually entered circulation. Several hundred Uncirculated survivors are available to today's collector thanks to hoarding at the time of issue, but the clear majority of these fail to surpass the MS63 grade 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.

1889 $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ 400 515 580 890 1260 1260 1780 2075 2300 2900 3600 4200 5475 7500 11150 21000 35000 80000 - - -
$ 1390 1960 2250 2510 3200 3950 4600 6000 8600 13000 24000 38500 90000 -
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Census

 
NGC GRADE SUMMARY

Total Graded: 306
Low Grade: 40
Average Grade: 61
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/24/2003 PCGS MS 63   Goldberg February 24-25, 2003 Coin Auction, 17/Lot# 1989 $3,910.00
6/3/2004 PCGS MS 63   Heritage Auctions 2004 June Long Beach Signature Sale #349, 349/Lot# 8850 $4,485.00
11/29/2007 PCGS AU 58   Heritage Auctions 2007 November Houston, TX US Coin Signature Auction #370, 370/Lot# 61621 $2,530.00
4/20/2011 PCGS Genuine Genuine   Teletrade Auction 3052, 3052/Lot# 1811 $1,322.50
2/28/2012 PCGS MS 63   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7468 $7,475.00
6/4/2014 PCGS MS 65   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4807 $12,337.50
7/6/2014 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 07/06/2014, 188/Lot# 162417 $6,100.00


NGC Registry

NGC Registry Score 1889 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8709339971066113813811512163417881884201821022268269934573783521260898849114841563721682
8919541020109012191424155216851820192820462157241129513565425955047009972712868176520
00000015521685182019282046215724112951356542595504700997271286800
000000159317361852197320742212255532043674473557967929106051425200
1889 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: MS 65
Points: 5212
Owner: Green Collection
 
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