1863 $3 AU50 PCGS. Q. David Bowers and Doug Winter
(2005) write, "As the low mintage would seem
to indicate, the 1863 $3 gold piece is scarce in any
grade and rare in higher levels." The present
coin has pleasing yellow-gold patina with prominent
clash marks visible on both sides. Splendid luster
fills the fields, and there are no individually significant
marks. Consider that this specimen is a highly desireable
United States $3.00 gold coin that was struck in the
year that the great battle of Gettysburg was fought,
and was struck/made at the Philadelphia mint that's
pretty darn close to where that momentous Civil War
Battle raged. These coins appear undervalued as heck
and we like them in almost every grade. This is a
great mid grade coin that will please even the advanced
numismatist , and appears to be an undervalued asset
to the rare coin investor.
With a mintage of just 5,000 pieces for circulation,
the Three dollar gold piece minted in Philadelphia
in the middle of the American Civil war is, surprisingly,
not common. Q. David Bowers and Doug Winter (2005)
write, "As the low mintage would seem to indicate,
the 1863 $3 gold piece is scarce in any grade and
rare in higher levels.” Other references state
that this issue is very scarce, but not so as the
final two issues struck during the Civil War. Yet,
offerings in any grade are scarce and the limited
supply of mint state coins trade for high values.
Despite their rarity these coins appear to be much
undervalued, and as such would be a good asset to
the advanced rare coin investor. Additionally, this
is a great mid grade coin that will please even the
advanced numismatist, offered at a fraction of the
price higher grade coins are usually traded for. The
coin itself is a premium example in About Uncirculated,
with limited wear and ample luster still remaining
on both sides. The fields are nearly mark-free, and
do not future the abrasions often found on these soft
gold coins.
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