1864 $3 MS (PCGS#7985)
March 2018 Baltimore U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 2264
- 等级
- MS62
- 价格
- 60,797
- 详细说明
- Mint State 1864 Three-Dollar Gold Rarity
1864 Three-Dollar Gold Piece. MS-62 (PCGS).
Remarkable Mint Sate quality for a three-dollar gold issue that is scarce even in circulated grades. Predominantly satiny in texture, both sides reveal modest semi-reflective tendencies in the fields as the coin dips into a light. Subtle pinkish-rose outlines to the devices, the balance of the surfaces exhibit warmer honey-gold patina that lightens to more of a medium gold shade at direct lighting angles. Sharply struck with a handsome appearance, this nearly Choice quality survivor belongs in an advanced collection of this challenging 19th century gold series.
The year 1864 saw some of the bloodiest battles of the Civil War as the conflict moved toward its conclusion. In the Eastern Theater, General Ulysses S. Grant's Overland Campaign of May and June resulted in a Union victory as Robert E. Lee's Confederate Army of Northern Virginia was forced into the sieges of Richmond and Petersburg. The Western Theater during 1864 was dominated by General William Tecumseh Sherman's victorious Atlanta Campaign from May to September and his subsequent Savannah Campaign (a.k.a. Sherman's March to the Sea) in November and December. In the Philadelphia Mint it was business as usual as far as gold coinage was concerned: little bullion was on hand with circulation strike mintages correspondingly limited. The 1864 three-dollar gold piece was produced to extent of just 2,630 pieces, and it is one of the rarest issues of its type from the Civil War era. Multiple resubmissions at the third party certification services notwithstanding, Mint State examples are highly elusive and probably number no more than 25 or 30 coins.
PCGS Population: 20; 17 finer (MS-67 finest). The unusually large number of grading events at the MS-62 level is highly suggestive of multiple resubmissions of one or more coins.
PCGS# 7985. NGC ID: 25MK.
Click here for certification details from PCGS.
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