Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 138,618
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: $173.32 (12/26/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1854 $3 MS obverse 1854 $3 MS reverse


  
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Description & Analysis

February 21, 1853, was an important date in the history of American numismatics. Congress enacted legislation to reduce the weight of minor silver coinage, also authorizing the issuance of three dollar gold pieces. Section 7 of the Mint Act of that date read: 'And be it further enacted, that from time to time there shall be struck and coined at the Mint of the United States, and the branches thereof, conformably in all respects to law, and conformably in all respects to the standard of gold coins now established by law, a coin of gold of the value of three dollars, or units, and all the provisions of an act entitled 'An act to authorize the coinage of gold dollars and double eagles,' approved March third, eighteen hundred and forty nine, shall be applied to the coin herein authorized, so far as the same may be applicable, but the devices and shape of the three dollar piece shall be fixed by Secretary of the Treasury.'

The obverse features an Indian princess facing left, wearing a feathered headdress with a beaded band inscribed LIBERTY. Around is the statutory legend UNITED STATES OF AMERICA. The reverse has an agricultural or cereal wreath enclosing the date and denomination. The letters in the denomination DOLLARS are smaller and shorter than the date digits, the only year where that occurred (and technically making this a one-year design subtype). James B. Longacre duplicated the design for this coinage issue, with the appropriate denomination change, for the new type of gold dollar.

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: 11/10/2014

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

1854 $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ 400 515 580 890 1090 1090 1325 1425 1550 1875 2550 3000 4000 6350 8100 22500 34000 92500 185000 - -
$ 1200 1450 1560 1650 2050 2750 3450 4500 7000 10000 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 3971
Low Grade: G
Average Grade: 55
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
1/12/2015 UNC Details  Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 11371
1/12/2015 MS 63   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(7), 1216/Lot# 6976
1/12/2015 MS 62   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(7), 1216/Lot# 6973
1/12/2015 AU 58   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 11369
1/12/2015 AU 58   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 11370
1/12/2015 AU 55   Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(9), 1216/Lot# 11368


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/21/2005 NGC MS 63   David Lawrence Rare Coins Internet-Only Auction #29, 33/Lot# 1024 $5,152.00
8/8/2007 PCGS AU 55   Heritage Auctions 2007 Milwaukee, WI (ANA) Signature Coin Auction #444, 444/Lot# 2959 $1,725.00
2/10/2008 PCGS AU 55   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 2342 $1,725.00
5/24/2009 PCGS MS 64   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 1240 $8,338.00
5/27/2012 NGC MS 62   Bonhams Coins and Medals, 19995/Lot# 1251 $3,276.00
7/26/2012 NGC Details AU Details  Stack's Bowers The August 2012 Philadelphia ANA World's Fair of Money Auction, 140/Lot# 410 $931.50
9/16/2012 PCGS XF 45   GreatCollections GreatCollections Coin Auctions 09/16/2012, 40/Lot# 74537 $1,017.50
3/11/2013 NGC AU 50   Teletrade Auction 3421, 3421/Lot# 2678 $875.00


NGC Registry

NGC Registry Score 1854 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8589209851053112413751507162917831878201120942268269934273952551562489234120911657423131
87894110071076120714191547168018141922203821522411294136024473575972431018613585187590
000000154716801814192220382152241129413602447357597243101861358500
000000158817311846196620662210255531843777499460038238111381507900
1854 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: MS 62
Points: 2699
Owner: Robert Baker Trust
 
Grade: MS 61
Points: 2268
Owner: hamitchell
 
View the Registry Image Gallery

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