LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3118

1878 $3 MS65 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:13,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1878 $3 MS65 NGC
<B>1878 $3 MS65 NGC.</B></I> The 1878 three dollar piece, coming from a mintage of 82,304 business strikes, is probably the most plentiful of all dates in Mint State, giving it "common" status. That said, David Bowers writes in his three dollar gold piece reference (2005), that "the typical Mint State coin is in a lower range with a generous quotient of bagmarks, probably from having been tossed around in bags stored in banks." The NGC/PCGS population data support Bowers' contention, as MS65 and better 1878 three dollar coins comprise a small percentage of the total number of pieces certified.<BR> The current Gem is awash in dazzling brassy-gold luster, and displays sharply struck design features, save for the usual softness on the bowknot. A few obverse luster grazes do not take away from the coin's overall pleasing eye appeal. This is an ideal coin for a high grade type collection.<BR><I>From The Florissant Collection.</B></I><BR><BR><B>Coin Engraver:</B> James B. Longacre<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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