||1861 $3 AU58 NGC. CAC. With the Civil War looming large, the public began actively hoarding gold coins in the early 1860s. Consequently, 1861 was the final year three dollar pieces were paid out at face value, after which point a premium in paper money was required. This near-Mint representative, from a meager mintage of only 5,959 coins, offers an abundance of softly frosted luster over attractive, reddish-gold surfaces. The strike is generally sharp, though die lapping to remove clash marks causes slight softness on the date numerals and DO in DOLLARS. Wispy marks are scattered over both sides, but this remains a wonderful low-mintage piece with strong eye appeal. Ex: Eric P. Newman Numismatic Education Society.
Realized $5581.25. Description courtesy of Heritage Auctions.