1870 Three Dollars Gold NGC MS61PL. In the late 1870's, speculation arose when collectors noticed the low mintages of this denomination, and started setting aside these pieces. This only lasted for a couple of years however, and demand soon changed. In the beginning of the decade, few collectors noticed the true rarity of these pieces and many were mishandled in one way or another.

A very unusual denomination, the $3 gold piece ranks together with the 2 cent pieces, 3 cent silvers and nickels, and also the 20 cent piece as the forgotten denominations of US coinage. Most of those issues were never popular with the general public at the time, as they were introduced after a monetary systems were long established. In modern times however, these series tend to be much more popular.

The specimen before you is graded by Numismatic Guarantee Corporation to be proof like. Strong mirror surfaces can be seen on both obverse and reverse. No major distractions are noted in the prime areas, giving this gold piece the appearance of a gold coin that’s deserving of a higher grade. Very pleasing and popular orange-gold color shows with lustrous surfaces free of any wear. A premium quality example of this scarce gold coin!