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