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1868 $3 Gold - Opinions as to grade and authenticity? *True View added*

ashelandasheland Posts: 22,686 ✭✭✭✭✭
edited March 19, 2019 7:46AM in U.S. Coin Forum

This belongs to a friend of mine. He bought it raw and is sending it to our hosts.
It’ll be gold shield with a TV. What are your options?


My YouTube Channel

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    This might end up completing my type set! :smiley:
    @Paradisefound check it out...

    My YouTube Channel

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    JalexfosterJalexfoster Posts: 37 ✭✭✭

    Great type coin! Hope it straight grades... AU-55 is my guess

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    It looks low AU... maybe high XF.... Still nice gold.... Best of luck and let us know what happens. Cheers, RickO

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    A nice type coin. Solid EF. Nothing higher.

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    jwittenjwitten Posts: 5,076 ✭✭✭✭✭

    Not sure if it is real, but if it is, it's cleaned.

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    PerryHallPerryHall Posts: 45,415 ✭✭✭✭✭

    Looks real from what I can see. Looks like an AU-50 or 53.

    Worry is the interest you pay on a debt you may not owe.

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    MrEurekaMrEureka Posts: 23,943 ✭✭✭✭✭

    Best guess is 58. Could even grade 61 these days.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    I haven't seen it in person, but my friend says it has slightly reflective fields. My guess, for the record, is AU55 going on the pictures. Hopefully if all goes well, it'll be graded and True-Viewed.

    My YouTube Channel

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    @FadeToBlack said:
    Mid-High AU. Have to see it in hand to get a feel for how the hairlines look as far as AU vs Cleaned, but I'm inclined to say not cleaned.

    My thoughts exactly. I really wish I had a chance to see it before it mailed to PCGS...

    My YouTube Channel

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    MFeldMFeld Posts: 12,045 ✭✭✭✭✭

    The coin looks genuine and approximately AU58 to me. The left obverse field is a bit troublesome - perhaps leading to an AU details (cleaned or scratches) grade.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    SmudgeSmudge Posts: 9,250 ✭✭✭✭✭

    AU Details. Hope I am wrong.

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    @MrEureka said:

    @RogerB said:
    A nice type coin. Solid EF. Nothing higher.

    Got anything for sale?

    Sorry. Sold all my Unique 7-11 Parking Lot inventory at FUN.

    If I bought and sold coins, I would buy that at a fair market value for EF and sell at a fair market value for EF - regardless of what might be printed on a paper insert as a different opinion.

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    goldengolden Posts: 9,054 ✭✭✭✭✭

    Don't think it will straight grade.

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    291fifth291fifth Posts: 23,938 ✭✭✭✭✭

    AU by wear but may have been cleaned. Even if not cleaned it has too many marks to merit more than a 55. Authenticity????... I'm no expert on that and personally wouldn't buy raw $3s.

    All glory is fleeting.
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    MrEurekaMrEureka Posts: 23,943 ✭✭✭✭✭

    Here's a challenge for anyone here who wants to learn something or help others learn. Find images of other 1868 $3's in PCGS XF40 to MS61 and post them to the thread. Then we can compare them to the piece in question. This could be a very enlightening thread with just a little bit of effort!

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    markelman1125markelman1125 Posts: 1,771 ✭✭✭✭✭

    @asheland COOL COIN !!! I think it’s authentic. I could be wrong though since they are often counterfeited.

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    MrEurekaMrEureka Posts: 23,943 ✭✭✭✭✭

    Fine, I'll start. Here's the last XF sold at auction. A PCGS 40.


    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 23,943 ✭✭✭✭✭

    And here's the last PCGS 61.


    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    MrEurekaMrEureka Posts: 23,943 ✭✭✭✭✭
    edited January 25, 2019 10:21PM

    @RogerB said:

    @MrEureka said:

    @RogerB said:
    A nice type coin. Solid EF. Nothing higher.

    Got anything for sale?

    Sorry. Sold all my Unique 7-11 Parking Lot inventory at FUN.

    If I bought and sold coins, I would buy that at a fair market value for EF and sell at a fair market value for EF - regardless of what might be printed on a paper insert as a different opinion.

    How would you go about determining "fair market value"? Serious question.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
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    KeithMS70KeithMS70 Posts: 192 ✭✭✭

    :) AU55

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    7Jaguars7Jaguars Posts: 7,254 ✭✭✭✭✭

    That 61 appears very nice for grade Andy.
    I’ll chip in with a 55 on the OP largely because of the mentioned field disturbances on obverse.

    Love that Milled British (1830-1960)
    Well, just Love coins, period.
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    BillJonesBillJones Posts: 33,481 ✭✭✭✭✭
    edited January 26, 2019 8:44AM

    I think that it is genuine and that it should grade as an AU-50. The angle of the photo might have made the hairlines look bigger than than they are. If so, it could get another 5 points or so.

    Of course today's grading is different. The EF-40 that was posted earlier looks a lot like the first Three Dollar Gold Piece I owned circa 1968. My grade on that one was a VF-30 aside from the fact that it had been subjected to one of those small side mounts that had been skillfully repaired unbeknownst to me. That coin marked another of my numismatic tuition payments. I last a little over $100 on it which was a lot of money at the time for me as a college student.

    Here is my second Three Dollar Gold Piece. It made it into a PCGS AU-55 holder a little less than 20 years ago.


    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
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    TwoSides2aCoinTwoSides2aCoin Posts: 43,839 ✭✭✭✭✭
    edited January 26, 2019 8:41AM

    Not sure if those are die polish lines or hairlines from wiping. If I submitted it , I know from experience it would come back "Cleaned, Uncirculated details"

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    ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭
    edited January 26, 2019 10:18AM

    I see high points more than those XF out there ..... AU 58? Good luck! <3

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    I’m eager to see what it makes.

    My YouTube Channel

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    tommy44tommy44 Posts: 2,192 ✭✭✭✭✭

    55, 58 on a good day if it straight grades. I like it a lot and it would look perfect in my gold type set.

    it's crackers to slip a rozzer the dropsy in snide

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭
    edited March 20, 2019 7:47AM

    .

    My YouTube Channel

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    jwittenjwitten Posts: 5,076 ✭✭✭✭✭

    Looks better than the pics made it look, in my opinion. I thought it would grade cleaned, but I think it has a shot at straight grading now.

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    @jwitten said:
    Looks better than the pics made it look, in my opinion. I thought it would grade cleaned, but I think it has a shot at straight grading now.

    Indeed, I like the reflective surfaces! I hadn't seen the video until recently. after starting this thread

    My YouTube Channel

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    Wabbit2313Wabbit2313 Posts: 7,268 ✭✭✭✭✭

    Here I thought it was going to be a video of you dancing Asheland!

    Fingers crossed it's not polished. If not, AU55, shot at 58!!

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited February 1, 2019 2:10PM

    Well, that video was really exciting --- !

    However, after seeing it, I might be leaning more toward the coin being a very high EF or low AU -- assuming AU as a unitary grade and not a range (as the TPGs insist)....The wear would have occurred during one transaction.

    As for the "MS-61" posted above --- nope; not uncirculated; but a beautiful AU ! (The value is the same.)

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    blitzdudeblitzdude Posts: 5,446 ✭✭✭✭✭

    AU55, wish I owned one. Congrats to your friend.

    The whole worlds off its rocker, buy Gold™.

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    It’s back. I haven’t seen it in person yet I will tonight

    Here’s a shot. I still don’t know the grade.
    Thoughts?

    My YouTube Channel

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    I now know the grade, still haven't seen it in person yet. Here's the true view:
    Straight grade... Any last guesses?

    My YouTube Channel

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    davewesendavewesen Posts: 5,849 ✭✭✭✭✭

    I would have guessed cleaned from the first picture - but since straight graded it must be a AU55 or AU58

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    AercusAercus Posts: 381 ✭✭✭✭

    Fair amount of field disturbance so I'll say 53. Looks beautiful!

    Aercus Numismatics - Certified coins for sale

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    logger7logger7 Posts: 8,078 ✭✭✭✭✭

    Those images make it look PQ, with all the orange blush toning I would say 58 or even a plus.

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    SwampboySwampboy Posts: 12,885 ✭✭✭✭✭

    I'll go with AU58

    Nice addition!!

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    stevebensteveben Posts: 4,595 ✭✭✭✭✭

    i would have guessed cleaned. looks wiped to me. but you can only tell so much from a photo!

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    I'll reveal the grade later, and if I end up getting it. I want to see it in person obviously. However, interesting as this sounds, my friend who has it, says it looks better in person than the true view... I am eager to see this!

    My YouTube Channel

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    SmudgeSmudge Posts: 9,250 ✭✭✭✭✭
    edited March 19, 2019 8:39AM

    Edit to delete. Already guessed.

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    ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    Me too ...... now I think it's a MS64 :)

    @asheland said:
    I'll reveal the grade later, and if I end up getting it. I want to see it in person obviously. However, interesting as this sounds, my friend who has it, says it looks better in person than the true view... I am eager to see this!

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    cheezhedcheezhed Posts: 5,686 ✭✭✭✭✭

    58

    Many happy BST transactions
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    OuthaulOuthaul Posts: 7,440 ✭✭✭✭✭

    Details - cleaned.

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    jwittenjwitten Posts: 5,076 ✭✭✭✭✭

    Looks nicer than the first picture made it look. I can see both cleaned or straight grade.

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    Insider2Insider2 Posts: 14,452 ✭✭✭✭✭

    IMHO, $3 gold is one of the the most over graded coin types there is. :(

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    ashelandasheland Posts: 22,686 ✭✭✭✭✭

    Reveal time! :p

    My YouTube Channel

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    jonrunsjonruns Posts: 1,196 ✭✭✭✭✭

    Great!!

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