1854-D $3 MS(PCGS#7970)

1854-D $3 MS (PCGS#7970)

September 2019 Pre-Long Beach U.S. & World Coin Auction #112

Auctioneer
Goldberg Auctioneers
Lot Number
1196
Grade
AU50
Price
36 000
Lot Description
Lot 1196 1854-D. PCGS graded AU-50.Well struck with golden-orange mint luster adhering to the devices on both sides. Rare and always in demand as not only the first year of issue but the only Dalonega Mint $3.00 gold coin.Curiously despite a tiny mintage of only 1,120 struck, the survival rate for this date and mint is estimated to be around 300 pieces. Perhaps a much larger portion were saved as the first of their kind in 1854 when the $3 gold series was launched. The popularity of this date and mint never diminishes, hence these always bring a strong price when a nice example like this appears on the market. Pop 18; 49 finer at PCGS(PCGS # 7970) Estimate Value $20,000 - UP
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