1860 $3 MS(PCGS#7980)

Spring 2025 Showcase Auction U.S. Coins

Auctioneer

Stack's Bowers

Lot Number

4490

Grade

AU58

Price

7,200

Lot Description

Sharply defined detail that possesses near complete luster and original orange-gold color. A wholesome circulated example with no distracting blemishes. Truly choice for the grade, and sure to command a hefty premium. Survivors from a limited mintage of 7,036 circulation strikes number only a few hundred coins, which estimate confirms the 1860 as a scarce three-dollar gold issue. Most extant examples are worn, likely from circulation on the West Coast since gold coins disappeared from commerce in the East and Midwest early in the Civil War. Given the rarity of Mint State survivors, this lovely AU-58 approved by CAC and CMQ represents the finest in quality that is realistically obtainable for most of today's advanced gold enthusiasts.