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Lot 3259

Image Information

Type Coin
Title Lot 3259
Date 1870
Side obverse
Grade 58
Service NGC
Service Catalog # 7991
Denomination $3
Description 1870 $3 AU58 NGC. Ex: "Col." E.H.R. Green. One would have been hard pressed to find many three dollar gold coins circulating in 1870, as Mint Director James Pollock explained in the 1870 Annual Report: "Most of our people rarely get the sight of a gold or silver coin." Based on the certified population data, most pieces appear to have entered circulation for a brief period of time before quickly being withdrawn. Such is the case with this lightly circulated near-Mint piece. The orange-gold surfaces display slight friction over well-struck devices, and each side shows surprisingly few marks for the grade. NGC has graded only 27 coins in higher numeric grades (8/14). Ex: "Colonel" E.H.R. Green; Green Estate; Partnership of Eric P. Newman / B.G. Johnson d.b.a. St. Louis Stamp & Coin Co.; Eric P. Newman @ $35.00; Eric P. Newman Numismatic Education Society. Realized $3055.00. Description courtesy of Heritage Auctions.

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