1886 Gold Three Dollar
Readily among the finest circulation strikes of the date extant, from a mintage of 1,000 pieces. It is thought that just 25 to 40 Mint State coins can be accounted for today, heavily concentrated at the low end of the Uncirculated range. (Proofs are more numerous for this date with an estimated 80 to 100 known!) About four times as many circulated examples are known than are Mint State pieces, with most in the About Uncirculated category. Circulation strikes are rare enough that many collectors seek out Proof examples instead. We offered a Proof in the Harry Bass Collection though Harry thought of it as a “prooflike business strike.” The Jewell Collection (American Numismatic Rarities, March 2005) offered perhaps the only example of the date known that rivals the Pogue Collection specimen; it was graded MS-65 PL by NGC.
The example to the left was sold by Stack's Bowers Galleries in the August 2021 Rosemont ANA Auction, where it realized $48,000.