Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 3,500
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: $174.70 (4/27/2015)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1870 $3 MS obverse 1870 $3 MS reverse


  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

For a number of years after the Civil War, gold and silver coins were rarely seen in commerce. Instead, they were hoarded by those people who could afford to do so. As a result, the Philadelphia Mint produced small amounts of coins at the time, seeing little reason to produce coinage that would also be hoarded. James Pollock addressed the situation in the 1870 Mint report: '...Emerging from a tremendous Civil War which shook every social interest to the very foundation, it is no wonder that our currency continues in an abnormal condition. Most of our people rarely get the sight of a gold or silver coin.'

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: 3/26/2015

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

1870 $3 MS
  GVGFVFXF5053555861626364656667686970
Base $ 630 660 700 925 1575 2350 2550 2700 3950 5500 9500 18000 27500 53350 - - - - -
$ 1725 - 2650 3000 4250 6100 11000 - - - - - -

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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Census

 
NGC GRADE SUMMARY

Total Graded: 275
Low Grade: VF
Average Grade: 55
High Grade: 64


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/12/2005 PCGS AU 55   Heritage Auctions 2005 Ft. Lauderdale FL. (FUN) Signature Sale #360, 360/Lot# 8884 $2,300.00
6/24/2007 NGC XF 40   Teletrade Auction 2385, 2385/Lot# 2579 $1,792.00
9/2/2012 NGC Details AU Details  Goldberg September 2-5, 2012 The September 2-5, 2012, 70/Lot# 2052 $920.00
10/17/2012 PCGS   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 5445 $1,645.00
11/29/2012 NGC AU 50   Heritage Auctions 2012 November 29 - December 2 US Coin Signature Auction - Houston Session(3), 1177/Lot# 4891 $1,997.50
8/15/2013 NGC MS 64   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231334/Lot# 61163 $146.88
3/16/2014 PCGS XF 40   David Lawrence Rare Coins Internet Auction # 795, 804/Lot# 329 $1,406.00
6/4/2014 PCGS AU 55   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(5), 1206/Lot# 5668 $2,026.88
7/20/2014 NGC   GreatCollections GreatCollections Coin Auctions 07/20/2014, 197/Lot# 208282 $1,111.00


NGC Registry

NGC Registry Score 1870 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base870933997106611381450168318862295252528283009319437834565608986301184316548235252504026625
891954102010901242152717502022237126262888307033904043507369369701134111887324030255680
0000001750202223712626288830703390404350736936970113411188732403000
00000018182158244827272948313235864304558177831077214979211992453500
1870 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: AU 58
Points: 2828
Owner: Whidbey Island Collection
 
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