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Lot 7416

Image Information

Type Coin
Title Lot 7416
Date 1855
Side obverse
Grade 40
Service Details NGC
Service Catalog # 7973
Denomination $3
Mint Mark S
Description 1855-S $3 -- Scratches -- NGC Details. XF. The new San Francisco Mint concentrated on ten and twenty dollar coinage in 1854, since large denominations were vital to large-scale California commerce. No three dollar pieces were struck at the facility until 1855, and even then, the mintage of 6,600 pieces was less than 1% of its double eagle production. The present '55-S three shows wear expected of pieces used for commerce in the Old West. Traces of luster are nonetheless present. The portrait has a pair of brief pinscratches, and a slender mark is noted between the RS in DOLLARS and the reverse rim at 3:30. Ex: Eric P. Newman Numismatic Education Society. Realized $881.25. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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