80A - page 265

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263
bid online at
(800) 978-COIN (2646)
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Session Four - Tuesday, June 3, 2014 6:00 PM
1756
1857
.
NGC graded AU-58
. Mostly untoned with semi-reflec-
tive fields. Only 20,891 struck. (
PCGS # 7976
)
Estimated Value ..............................................$1,700 - 1,800
1757
1857
.
NGC graded AU-50
. Light hint of gold tone. Some lus-
ter around devices; well struck, as are most Philadelphia Mint
$3 gold pieces. From a large mintage at the opening in 1854,
production waned as time went on. This denomination never
found active interest among merchants or the public. By 1857,
only 20,891 were minted. (
PCGS # 7976
)
Estimated Value ................................................... $900 - 950
1758
1857-S
.
PCGS graded AU-50
. Only 14,250 struck. Sharply
defined and above average in terms of overall surfaces. Most
numismatic buyers fail to realize the true rarity of many of the
business strike $3 issues. As is the case in other gold denomina-
tions, the this sale contains a range of grades and higher end
pieces of a quality seldom seen elsewhere. Included are notable
specimens of the elusive issues of the low-mintage 1860s to
some truly desirable coins from the low-mintage and ever-popu-
lar decade of the 1880s.
Pop 24; 31 finer at PCGS.
(
PCGS #
7977
)
Estimated Value ..............................................$3,800 - 4,000
1759
1858
.
NGC graded AU Details, Improperly Cleaned.
Lightly toned with reflective surfaces. Only 2,133 struck. (
PCGS
# 7978
)
Estimated Value ................................................... $500 - 550
1760
1859
.
NGC graded AU-53
. Mostly untoned with some luster,
some bold detail, and endless attraction from the near mar-free
surface. Minor abrasions found within the wreath, that is all.
Scarce. Only 15,558 struck. (
PCGS # 7979
)
Estimated Value ..............................................$1,600 - 1,700
1761
1859
.
PCGS graded AU-50
. Mostly untoned and lustrous. A
few obverse marks. Only 15,558 struck. (
PCGS # 7979
)
Estimated Value ..............................................$1,400 - 1,500
1762
1860
.
NGC graded MS-61
. Very attractive golden toning with
reflective surfaces and a date that is seldom seen Mint State.
Only 7,036 struck. The present 1860 is a base Mint State speci-
men, still lustrous with muted frost, and with quality eye appeal.
Well struck, only a few 1860 $3 gold pieces make their way to
market; the present piece is here now available for bidding, and
will soon delight a new owner.
Pop 29; 35 finer at NGC.
(
PCGS # 7980
)
Estimated Value ..............................................$3,000 - 3,200
1763
1860 PCGS graded Genuine AU Details
. Smoothed. Only
7,036 minted. Mostly untoned. (
PCGS # 7980
)
Estimated Value ................................................... $500 - 550
S
CARCE
1860-S $3 G
OLD
1764
1860-S
.
PCGS graded AU-55
. A nice untoned coin with
mint frost. A few light obverse abrasions. The San Francisco
Mint produced $3 pieces of the dates 1855-S, 1856-S,
1857-S, and 1860-S, after which only the 1870-S $3 was
made, the latter coin considered to be unique today. The
mintage of the 1860-S $3, all with a small S mintmark on
the reverse, amounted to 7,000 pieces. Some 2,592 were
considered to be light in weight and were stored at the
mint until 1869, when they were melted into bullion. Thus,
the net circulation mintage is only 4,408.
The 1860-S represents the latest-dated collectible San
Francisco Mint $3. The only later issue is the famous 1870-
S, showcased in the Eliasberg Collection in 1982, and now
retained by the Harry W. Bass, Jr. Research Foundation.
Pop 9; 10 finer, 7 in 58, 1 in 61, 2 in 62
. (
PCGS #
7981
)
Estimated Value ........................................ $7,500 - 8,000
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