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***Auction Highlight*** 1854-o Three Dollar Gold 3 Graded Choice AU By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:25.00 USD Estimated At:5,250.00 - 10,500.00 USD
***Auction Highlight*** 1854-o Three Dollar Gold 3 Graded Choice AU By USCG (fc)
***Auction Highlight*** 1854-o Three Dollar Gold 3 Graded Choice AU By USCG. his is an important and highly desirable condition rarity from the inaugural year of three-dollar gold production. Pretty satin surfaces exhibit tinges of pale silver tinting to otherwise vivid light orange-gold patina. Combining awesome condition rarity with strong eye appeal, this impressive piece will certainly have no difficulty finding its way into an advanced Southern gold collection or three-dollar set. The New Orleans Mint struck 24,000 examples for circulation in the first year of the three-dollar gold series, the facility's only contribution to this denomination. And circulate these coins did, both locally and in trade. Today only 400 to 500 examples are estimated to exist, with most of the survivors in the VF range. EF specimens are scarce and in great demand, and AU examples are about as fine as today's collectors can hope to obtain. Though the 1854-O represents the only three-dollar gold issue from our nation's southernmost mint, further coinage of this denomination at New Orleans was considered. Six dated dies for an 1855-O coinage were sent to New Orleans from the Mint in Philadelphia but never utilized. Dies for three-dollar gold production were also sent to New Orleans in 1856, 1859 and 1861, but no coinage for the denomination was forthcoming in any of those years. A Corey's Pick, Bid to Win, Don't let it get Away Coin