Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 4,850
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: $164.94 (10/6/2015)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1868 $3 MS obverse 1868 $3 MS reverse

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There are no NGC varieties for this coin.

Description & Analysis

After the Civil War, gold and silver coins remained a precious commodity that was hoarded and remained totally absent from circulation, except on the West coast. Similarly, mintages remained extremely small, especially at the Philadelphia Mint. At the time, the only operating branch Mint was in San Francisco. The New Orleans, Dahlonega, and Charlotte Mints had all ceased operations at the start of the Civil War, and only New Orleans would eventually reopen. The Carson City Mint was in planning stages, but had not yet opened its doors.

Total production of three-dollar gold pieces during the year was 4,875 coins, including 25 proofs. Today, it is estimated that less than 100 Mint States examples of this date survive, along with 300 to 400 circulated pieces, according to Q. David Bowers and Douglas Winter in The United States $3 Gold Pieces. Nearly all existing Mint State coins are in the lower numerical levels, from MS60 to 63. Gem quality survivors are extremely rare, as evidenced by the population totals.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 9/30/2015

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

1868 $3 MS
Base $ 450 540 600 910 1600 2050 2150 2450 3300 5200 6500 9900 13750 32500 52000 117500 - - -
$ - - 2250 2750 3600 5500 7000 - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 363
Low Grade: VF
Average Grade: 55
High Grade: 67

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/15/2003 PCGS AU 55   Goldberg September 15-17, 2003 Pre-Long Beach Coin and Currency Auction, 21/Lot# 1109 $1,523.75
11/3/2010 NGC AU 55   Stack's Bowers The November 2010 Baltimore Auction, 44/Lot# 5011 $1,762.95
11/7/2011 PCGS AU 55   Heritage Auctions 2011 November 7-9 US Coins Signature Auction - Beverly Hills Session(3), 1161/Lot# 4257 $2,415.00
1/1/2013 NGC AU 55   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 12622 $1,762.50
2/7/2013 PCGS MS 62   Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(4), 1182/Lot# 4830 $7,050.00
11/18/2013 NGC AU 53   Teletrade Auction 3457, 3457/Lot# 1752 $1,645.00
12/22/2013 NGC AU 55   GreatCollections GreatCollections Coin Auctions 12/22/2013, 106/Lot# 146746 $2,350.00
6/4/2015 NGC AU 55   Heritage Auctions 2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1221/Lot# 5245 $1,535.73

NGC Registry

NGC Registry Score 1868 $3 MS
1868 $3 MS Prooflike
Registry Image Gallery
Grade: MS 61
Points: 2671
Owner: Whidbey Island Collection
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