1866 $3 MS(PCGS#7987)

1866 $3 MS (PCGS#7987)

The August 2010 Boston Rarities Sale

Auctioneer
Bowers & Merena
Lot Number
1630
Grade
MS63
Price
8,050
Lot Description
1866 Three-Dollar Gold Piece. MS-63 (PCGS). Lovely semi-prooflike surfaces are fully lustrous with delicate rose-gold tinting. Bold clashmarks and scattered die polish lines in the fields are both as-struck features, and we see little in the way of actual coin-to-coin contact or other signs of handling. Sharply struck and very attractive.<br /> &nbsp;&nbsp;&nbsp;&nbsp;The 1866 has a paltry mintage of 4,000 business strikes, and it is a much rarer issue than most of the low-mintage Threes from the 1880s. Writing in the 2005 book <em>The United States $3 Gold Pieces: 1854-1889</em>, Q. David Bowers and Doug Winter account for no more than 220 survivors in all grades, only 25-40 coins of which qualify as Mint State.
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