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Lot 7427

Image Information

Type Coin
Title Lot 7427
Date 1878
Side reverse
Grade 60
Service Details NGC
Service Catalog # 8000
Denomination $3
Description 1878 $3 -- Scratches -- NGC Details. Unc. This sharply detailed wheat-gold type coin displays ample coruscating luster. The reverse is unimpaired, but the obverse has field scuffs near the profile and AMERICA. The mintage of the denomination rose substantially in 1878, in anticipation that some holders of greenbacks would seek redemption in gold coin. However, by 1878, the public was accustomed to the convenience of folding money. Ex: Eric P. Newman Numismatic Education Society. Realized $705.00. Description courtesy of Heritage Auctions.

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Image Collection Eric P. Newman Collection, Part V
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