1887 $3 MS(PCGS#8009)

1887 $3 MS (PCGS#8009)

The March 2011 Baltimore Auction

Auctioneer
Stack's Bowers
Lot Number
6485
Grade
MS64
Price
8,625
Lot Description
1887 Three-Dollar Gold Piece. MS-64 (NGC). The 1887 is much scarcer than many other late-date Threes with limited business strike deliveries, and it seems that most of the&nbsp;6,000&nbsp;examples&nbsp;struck were later melted in the Mint. Mint State survivors are thought to number fewer than 200 coins (per Q. David Bowers and Doug Winter, <em>The United States $3 Gold Pieces: 1854-1889</em>, 2005), and MS-64 represents the finest in technical quality that is usually obtainable in today's market. A handsome reddish-orange coin with satiny luster, bold striking detail and overall smooth-looking surfaces.
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