Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: San Francisco
Mintage: 7,000
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 5.0150g
AGW: 0.1451oz
Melt Value: $216.42 (10/20/2019)
Diameter: 20.5mm
Edge: Reeded
Link to this coin

1860 S $3 MS obverse 1860 S $3 MS reverse
Images courtesy of Heritage Auctions (HA.com)
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Description & Analysis

The rare 1860-S three dollar piece has a reported mintage of 7,000 coins. Per Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, however: '... 2,592 were found lightweight and remained unissued until December 1869, when they were melted for recoinage into other denominations.' Accordingly, the net mintage would be 4,408.

In addition to this relatively small net mintage, another factor helps to explain the rarity of the 1860-S three dollar. Jeff Garrett and Ron Guth, in their Encyclopedia of U.S. Gold Coins, write: 'As with other S-mint issues, very few were put aside by collectors, resulting in a dearth of Mint State examples today. Even circulated pieces are rare, and most of those fall below the AU-50 level.'

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: 6/21/2019

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

1860 S $3 MS
  GVGFVFXF505355586061626364656667686970
Base $ 750 925 1150 2250 5075 6900 7500 9375 21500 26000 31500 48500 - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 144
Low Grade: G
Average Grade: 45
High Grade: 61

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.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1860 S $3 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-1892113291412161911---------144
-----------------------
-----------------------
-----------------------
Total-1892113291412161911---------144
 -1 %6 %6 %15 %9 %20 %10 %8 %11 %13 %1 %1 %--------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/13/2006 PCGS XF 40   Heritage Auctions 2006 August Denver, CO Signature & Platinum Night Auction #414, 414/Lot# 1760 $4,887.50
12/11/2006 PCGS XF 40   Teletrade Auction 2298, 2298/Lot# 1957 $2,912.00
9/4/2011 NGC Details XF Details  Goldberg September 4-6, 2011 The Pre-Long Beach Auction, 65/Lot# 1982 $1,178.75
5/5/2014 NGC F 15   Stack's Bowers iAuction 3480, 6029/Lot# 20467 $1,043.40
6/29/2014 PCGS AU 58   GreatCollections GreatCollections Coin Auctions 06/29/2014, 187/Lot# 166996 $15,900.00
8/13/2015 PCGS   Stack's Bowers 2015 Chicago ANA, 6104/Lot# 1261 $7,050.00
4/25/2019 NGC XF 45   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(4), 1294/Lot# 4685 $2,880.00
4/25/2019 PCGS MS 60   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(2), 1294/Lot# 3839 $21,600.00


NGC Registry

NGC Registry Score 1860 $3 MS S Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
1860 $3 MS S
 PrAgGVGFVF4045505355586061626364656667686970
Base8749089259331284184328983601429946815176546657476685785913334190642770540893431664553153493
8859139271050147021943132383344264846527255596059707696841524421944321014165043954481850
000000313238334426484652725559605970769684152442194432101416504395400
0000003366406645535011536956536372746711509171542482436497424084474200
Registry Image Gallery
Grade: AU 58
Points: 5176
Owner: Whidbey Island Collection
 
Grade: AU 50
Points: 3601
Owner: foresthamilton@universalcoin.com
 
View the Registry Image Gallery

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