Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 2,000
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: $170.38 (12/26/2014)
Diameter: 20.5mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1872 $3 MS obverse 1872 $3 MS reverse


  
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Description & Analysis

Only 2,000 strikes were made for circulation of the 1872 three dollar, the denomination having already outlived its usefulness in commerce--if indeed it ever was useful. Bowers and Winter estimate that between 150 and 215 pieces are known today in all grades, but a mere 20 to 30 examples are extant in Mint State.

In the 1960s Walter Breen made a study of the three dollar series, and he noted the existence of two dies for business strikes and one for proofs. The strikes for circulation he separated into two groups:

1. On the first die pairing, he noted that on the obverse there are outlines around ITED and AMERI. The reverse is the same as the proof die with the date slanting slightly down to the right. 2. The second die pairing shows no outlining around ITED and AMERI. The reverse is different with the date

Bowers and Winter note that high-grade strikes for circulation always show die striations, particularly on the reverse, and of course, with such a low mintage, prooflike examples are often seen.

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.

1872 $3 MS
  GVGFVF4045505355586061626364656667686970
Base $ 485 600 720 940 1400 1400 2000 2350 3000 4150 4900 6150 8400 15500 38500 57500 - - - - -
$ 1550 2300 2650 3300 4450 5300 7000 9750 18000 - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 194
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
12/6/2000 NGC MS 61   Heritage Auctions Exclusively Internet Auction #20122, 20122/Lot# 2730 $2,800.00
8/1/2001 PCGS XF 45   Teletrade Auction 1467, 1467/Lot# 1745 $791.25
2/11/2007 NGC AU 58   Goldberg February 11-14, 2007 Pre-Long Beach Coin and Currency Auction, 39/Lot# 2225 $3,220.00
10/25/2007 NGC AU 55   David Lawrence Rare Coins Thursday - Internet Auction # 189, 195/Lot# 6318 $2,645.00
3/31/2011 NGC MS 61   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 6465 $4,456.25
4/24/2013 PCGS AU 53   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(7), 1184/Lot# 5693 $1,762.50
12/22/2013 PCGS MS 62   GreatCollections GreatCollections Coin Auctions 12/22/2013, 106/Lot# 151850 $7,500.00


NGC Registry

NGC Registry Score 1872 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base9269911060113112061450162117762115231025702727291036754304556374311028614143197962819329922
9471014108311561287150716721889218023962622278831653884472361858382115711602722595287690
0000001672188921802396262227883165388447236185838211571160272259500
0000001724200222452483267428493420409451436808933412857179112539400
1872 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
Registry Image Gallery
Grade: AU 58
Points: 2570
Owner: Whidbey Island Collection
 
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