1861 Three Dollar Gold (1861 $3) PCGS AU58 CAC. Civil War Date. 1861 $3 Indian Princess Head. James B. Longacres $3 Indian Princess Head gold piece has long fascinated the collecting public. The original intent for the $3 denomination was to facilitate the purchasing of postage stamps which were sold in sheets of 100 in the mid 1850s. The series was discontinued in 1889 as a result of an increase in postage rates.

However, this peculiar denomination has long been popular with collectors, particularly as a gold type coin. In addition, Civil War coinage is always in favor and with the Sesquicentennial of the Civil War fast approaching it is a sure bet that demand for coins from that era will increase greatly. These factors taken together make pieces such as this particularly appealing to collectors/investors.

The fine super slider example offered here is crisply struck and sharply defined. Amber and honey tones provide a lovely cameo contrast and the fields are fresh and problem free. CAC has reviewed, approved, and affixed its seal of approval to this piece attesting to its superior quality. As a better date within the series with fantastic eye appeal, this coin will serve well as either a Civil War type piece or to be included in an important rare gold portfolio.