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Lot 3243

Image Information

Type Coin
Title Lot 3243
Date 1854
Side reverse
Grade 55
Service NGC
Service Catalog # 7971
Denomination $3
Mint Mark O
Description 1854-O $3 AU55 NGC. CAC. Variety 2. Had the three dollar gold denomination debuted a few years earlier when the New Orleans Mint was consuming large amounts of California gold, the Louisiana facility might have produced the issue in more substantial quantities. However, the 1854-O is the only three dollar piece struck at this mint (only 24,000 pieces). While not as scarce as its D-mint counterpart of the same year, the 1854-O is challenging in high grades and is actively pursued by Southern gold specialists. This Choice AU example displays deep olive-gold patina with rich coppery-orange overtones in the recesses. Wear is only slight, and the eye appeal is outstanding for the collector who appreciates old-time coloration. Mint State examples of this date are rare in all grades. Ex: Eric P. Newman Numismatic Education Society. Realized $7050.00. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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