Coin Specifications

Category: Three Dollar Gold (1854-1889)
Mint: Philadelphia
Mintage: 1,500
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 5.0150g
AGW: 0.1451oz
Melt Value: $188.04 (10/17/2017)
Diameter: 20.5mm
Edge: Reeded
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1882 $3 MS obverse 1882 $3 MS reverse


  
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Description & Analysis

In 1882, the Philadelphia Mint was busy pumping out over 11 million Morgan silver dollars, most of which ended up sitting in government vaults. Due to this huge silver dollar mintage, the production of other denominations suffered greatly. For example, only a mere 1500 business strike and 76 proof $3 gold pieces were struck that year. The mint-state pieces all feature a re-punched 2 in the date, which can help to differentiate proof like examples from actual proofs.

It seems a fair number of the mint state coins were saved, however, as NGC has over 250 examples in its census. Many are on the lower end of mint state, however. In contrast, only 33 proof examples have been seen by NGC, which actually represents a much higher survival rate than the mint state coins. (11/2016)

Note: This coin is commonly targeted by counterfeiters. Learn more here.

GRADE SUMMARY

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Price Guide

Last Updated: 7/12/2017

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

1882 $3 MS
  GVGFVFXF505355586061626364656667686970
Base $ 675 700 800 1200 1675 2600 2800 3000 3600 4300 4900 6450 9500 14750 30000 36000 97500 - - -
$ - - - 3100 3750 - 5200 6900 - 16000 - 40000 - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 255
Low Grade: VG
Average Grade: 60
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/21/2005 NGC AU 53   David Lawrence Rare Coins Internet-Only Auction #29, 33/Lot# 1025 $1,805.50
8/22/2007 NGC MS 61   Teletrade Auction 2412, 2412/Lot# 1955 $4,368.00
2/1/2009 NGC MS 62   Prooflike Goldberg February 1-4, 2009 Pre-Long Beach Coin and Currency Auction, 51/Lot# 1425 $5,520.00
9/4/2011 PCGS MS 61   Bonhams Coins and Medals, 19251/Lot# 1155 $3,627.00
11/6/2011 NGC AU 58   GreatCollections GreatCollections Coin Auctions 11/06/2011, 143/Lot# 20124 $3,300.00
5/30/2012 PCGS MS 64   Heritage Auctions 2012 May 30- June 3 US Coins Signature Auction- Long Beach Session(3), 1171/Lot# 4953 $11,500.00
10/17/2012 PCGS AU 58   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 5461 $2,990.00
4/24/2013 NGC AU 58   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(7), 1184/Lot# 5712 $2,820.00
3/30/2014 NGC Details UNC Details  GreatCollections GreatCollections Coin Auctions 03/30/2014, 184/Lot# 182976 $1,375.00


NGC Registry

NGC Registry Score 1882 $3 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base333774108112841450160017941913207621782323264834743823478363249478119063041448884
33260876114813391500166418331967211022262431292335904143529673751028718075365700
000000150016641833196721102226243129233590414352967375102871807500
000000155017291873202121442274253931983706446358108426110962424400
1882 $3 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base980104711181193127114501694190721372276246725852807314937124290600768208849122071644122556
100210701143121913301531176519832183233925062659292133363904486262787496996813618184790
00000017651983218323392506265929213336390448626278749699681361800
000000183620602229240325452733303535244097543465498172110871502900
Registry Image Gallery

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