Description and Analysis
Three Dollar Gold
1879 $3 MS
Description & Analysis
Although the U.S. Mint in Philadelphia pumped out some 82,000 $3 gold pieces in 1878, the mintage plummeted to only 3,000 in 1879. Additionally, 30 proofs were struck in 1879 as well.
This precipitous drop in mintage is clearly reflected in the NGC census, which shows over 5,000 1878 examples graded, compared to only around 400 of the 1879. NGC has only graded a total of 12 examples of the proof issue of this date. (11/2016)