Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 3,500
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

1870 $3 MS obverse 1870 $3 MS reverse
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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: 6/21/2019

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

1870 $3 MS
  GVGFVFXF505355586061626364656667686970
Base $ 700 735 985 1380 1910 2000 2350 2375 3775 4600 4900 10000 13900 33000 51500 - - - - -
$ - - - - 4100 - 5000 - 14500 - 67500 - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 286
Low Grade: VF
Average Grade: 55
High Grade: 64

The chart showing VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1870 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----872816277191113823------275
-----------------------
------------1-1-------2
-----------------------
Total----872816277191114833------277
 ----3 %3 %10 %6 %10 %26 %33 %0 %5 %3 %1 %1 %------ 
1870 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------4133--------11
-----------------------
-----------------------
-----------------------
Total----------4133--------11
 ----------36 %9 %27 %27 %-------- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/2/2010 PCGS Genuine Genuine   Teletrade Auction 2865, 2865/Lot# 2093 $603.75
1/29/2012 PCGS AU 58   Goldberg January 29 - February 1, 2012 The Pre-Long Beach Auction, 67/Lot# 1431 $3,795.00
3/16/2014 PCGS XF 40   David Lawrence Rare Coins Internet Auction # 795, 804/Lot# 329 $1,406.00
9/7/2014 PCGS XF 40   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 213431 $1,500.00
10/31/2014 PCGS AU 58   Stack's Bowers November Baltimore 2014, 6039/Lot# 5367 $3,290.00
9/7/2016 NGC AU 55   Heritage Auctions 2016 September 7 - 11 Long Beach Expo US Coins Signature Auction - Long Beach Session(3), 1239/Lot# 4581 $1,645.00
4/25/2019 PCGS AU 58   Heritage Auctions 2019 April 25 - 28 Central States (CSNS) US Coins Signature Auction - Chicago Session(4), 1294/Lot# 4705 $3,360.00
9/5/2019 NGC Details AU Details  Heritage Auctions 2019 September 5 - 8 Long Beach Expo US Coins Signature Auction - Long Beach Session(5), 1299/Lot# 7862 $1,920.00


NGC Registry

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