1858
$3 Three Dollars Gold PCGS AU53 - If one were to assemble
a set of low mintage gold coins, the 1858 three dollar
gold piece could easily be included. A mere 2,133 pieces
were produced for circulation, the lowest of the series
until 1865. Considered to be among the rarest and most
popular issues of the series, examples are still relatively
affordable and should be considered to be a good investment.
This issue is surprisingly hard to encounter in Mint-State,
indicating that soon after their introduction they
had fallen out of favor with collectors of the time.
Most Philadelphia issues from this era were generally
well saved by wealthy collectors of the time, but
this three dollar gold issue is an exception. Only
a handful pieces remain to exist in all uncirculated
grades, and even in AU this remains to be a very scarce
issue.
The present coin is a premium quality coin which
has the looks of a higher grade coin. Short wear from
circulation is visible on the highest points, but
this does not attract from the overall eye-appeal.
Sharply struck and bold, with lots of luster remaining
in the protected areas. Completely original, with
green-gold patina showing on both sides. A great coin
for the discriminating collector!
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