Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 138,618
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 5.0150g
AGW: 0.1451oz
Melt Value: $267.36 (5/11/2021)
Diameter: 20.5mm
Edge: Reeded
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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: 5/4/2020

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

1854 $3 MS
  GVGFVFXF505355586061626364656667686970
Base $ 500 575 675 1000 1150 1235 1300 1350 1525 2050 2200 2400 4000 6500 15000 27500 100000 185000 - -
$ - - - - 1700 - - 2750 4750 10000 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 4355
Low Grade: G
Average Grade: 55
High Grade: 67

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 5/11/2021 1854 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-41012739828422847497313173237126910288971---4352
-----------------------
----------5--317------16
-----------------------
Total-41012739828422847497313223237127210395971---4368
 -0%0%0%2%2%7%5%11%22%30%1%8%6%2%2%0%0%0%--- 
1854 $3 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-11--------3
-----------------------
-----------------------
-----------------------
Total----------1-11--------3
 ----------33%-33%33%-------- 

NGC Registry

NGC Registry Score 1854 $3 MS PL
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
332608761148133915001664183319672110222624312923359041435296737510287180753657051328
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
1854 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base8589209851053112413751507162917831878201120942268269934273952551562489234120911657423131
878941100710761207141915471680181419222038215224112941360244735759724310186135851875924288
000000154716801814192220382152241129413602447357597243101861358500
000000158817311846196620662210255531843777499460038238111381507900
Registry Image Gallery
Grade: MS 62
Points: 2699
Owner: Robert Baker Trust
 
Grade: MS 62
Points: 2699
Owner: SOCALCOLLECTABLESOC
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.