2354

1854-D Three Dollar Gold PCGS MS60

Currency:USD Category:Everything Else / Other Start Price:NA Estimated At:35,000.00 - 45,000.00 USD
1854-D Three Dollar Gold PCGS MS60
Three-Dollar Gold 1854-d PCGS graded Mint State 60. The Breen Encyclopedia Plate Coin. <b>A truly remarkable Dahlonega Mint specimen, one of only a few Mint original specimens that exist today. So nice was it that the estimable Walter Breen used a photograph of the coin to illustrate this year (see #6347, page 505). It can be quickly identified by a small mark in the field below ER of AMERICA along with a tiny dullish mark before Liberty's lips. The 1854-D was coined in July 1854 from one pair of dies, shipped June 19. The bold D mintmark is from a half-eagle mintmark punch, according to Breen. Distinctive striking characteristics include weak concave denticles at upper obverse and reverse, incomplete leaf left of date, etc. The wreath, we should point out, is extremely bold on this specimen, as is Liberty's head, feathered headdress and hair, with the only possible weakness found at the lowermost hair curls where a little graininess occurs in the mint frost. Designs for the $3 issue were by James Barton Longacre, whose similar head of Liberty and wreath motif adorn the $1 gold pieces beginning in 1856. His balanced "wreath of cereals" was also used for the 1856-8 flying eagle cent reverse.</b> During the nineteenth century, American mints coined gold "on demand." What this means is that whenever a banker or businessman or private individual deposited bullion at the mint, he could ask for whatever particular denominations he wanted. Naturally, this made the mints keep on hand a good inventory. However, if the mint was currently out of stock, the depositor would be asked to wait for his payment. Three-dollar Gold pieces being an unusual denomination, there was little demand for them from depositors. Hence, the small 1854-D mintage of 1,120. <p align="center">Superior Galleries was founded in 1929 and has been a leader in
the numismatic auction business since 1971.</p> <p align="center"><b>Consignments wanted for June 2 & 3, 2002 Pre-Long Beach Sale.</b></p> <p align="center"><b>Call Steve Deeds</b> at (800) 421-0754 ext 230.</p>