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Lot 3266

Image Information

Type Coin
Title Lot 3266
Date 1877
Side reverse
Grade 58
Service NGC
Service Catalog # 7999
Denomination $3
Description 1877 $3 AU58 NGC. CAC. Ex: "Col." E.H.R. Green. Unlike many other low-mintage issues in the series, the 1877 three dollar gold piece (only 1,468 examples struck) was not saved in any significant numbers by collectors and speculators of the period, with the result that the date is rare in all grades. In fact, the 1877 is scarcer overall than even the 1873 and 1854-D issues. Only the unique 1870-S surpasses this issue in terms of absolute rarity. For the collector with ample funds, there are a handful of Mint State pieces known, grading as high as MS64. Similarly rare, however, this AU58 example boasts rich honey-gold color and essentially complete detail. Substantial prooflike mirroring is seen in the fields, a characteristic of most examples from this low-mintage issue. Census: 12 in 58, 3 finer (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 @ $200.00; Eric P. Newman Numismatic Education Society. Realized $21150.00. Description courtesy of Heritage Auctions.

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