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1854 $3 Indian Princess Three Dollar PCGS Proof-58 (CAC)

SOLD
SKU
40964096

Typically, the first year of issue for a denomination would be struck in proof format. The 1854 three dollar piece is an example of this, with ten to twelve proofs known. This output was rather high for the time, since the next date close to a dozen known is the 1862. It appears that a few of the 1854 proofs are impaired. Possibly, too many were struck in the first place and the balance was spent. Both the Munoz and Auction ’88 pieces were lightly circulated, and another impaired specimen was reportedly in Michael Brownlee’s hands in the late 1980s. The 1854 is actually a one-year type. The word “DOLLARS” on the reverse is in small letters, whereas later issues show the word in larger type. On the obverse, traces of die file marks can be seen between the border and MER of AMERICA. Another file mark is visible from the top leaf on the right section of the wreath to the rim at 12:05. On both sides, the dentils are tightly spaced.

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Known Specimens

1

The Mint-Smithsonian Institution Specimen

 

United States Mint

 

Smithsonian Institute

2

The Eliasberg Specimen

 

John Story Jenks

 

1921 H. Chapman John Story Jenks Sale (5782)

 

John H. Clapp

 

Louis E. Eliasberg, Sr.

 

October 1982 Bowers and Ruddy U.S. Gold Sale (272) $39,600

 

Ed Trompeter

 

February 1992 Superior Ed Trompeter Sale (96) $44,000

3

The Garrett Specimen

 

Robert Garrett

 

Johns Hopkins University

 

November 1979 Bowers and Ruddy Garrett Sale (417) $45,000

4

The Pittman Specimen

 

Abe Kosoff

 

John Jay Pittman

 

May 1998 David Akers John Jay Pittman Sale (1886)

5

The North Carolina Specimen

 

North Carolina Family

 

November 1977 Paramount Sale (499) $15,000

6

The Richmond-Ketterman Specimen

 

Reverend Richmond

 

March 1968 Lester Merkin Sale (400) $1,600

 

Dr. Herbert Ketterman

7

The Munoz-Ebsen Specimen

 

June 1978 Superior Miguel Munoz Sale (1688)

 

May 1987 Superior Buddy Ebsen Sale (2393)

 

January 1996 Superior Michael Keston Sale (36)

 

PCGS Proof 60

8

The Boyd-Bass Specimen

 

Jan. 1946 Numis. Gallery World’s Greatest Coll. Sale

 

Harry W. Bass, Jr.

 

Harry W. Bass, Jr. Research Foundation

9

The Munoz Specimen

 

June 1978 Superior Miguel Munoz Sale (1689)

 

The Proof 50

10

The Auction ’88 Specimen

 

July 1988 Superior Auction ‘88 (344) $5,775

 

May 1990 Heritage St. Louis Sale (1988)

 

February 1992 Superior Century Sale (2593)

 

January 1993 Superior Sale (1326)

 

Proof 55. Accompanied with a letter by Breen certifying the coin as a proof. In this case, he was correct.

 

Additional Appearances:

A. NGC PF64

January 1997 Heritage Rare Coin Galleries Inventory

B. NGC PF62

August 1991 RARCOA/Akers Sale (1264) $17,600

C. PF40

Michael G. Brownlee

D.

February 1944 B. Max Mehl Belden Roach Sale (804)

E.

December 1944 Stack's J.F. Bell Sale (265)

F.

February 1947 B. Max Mehl Geiss Sale (1582)

G.

May 1950 B. Max Mehl Golden Jubilee [Kern] Sale (184)

H.

November 1967 Paramount Grand Central Sale (796)

I.

September 1988 Superior Lee and Shaffer Sale (5368)

More Information
PCGS # 8017
Grading Service NONE
Year of Issue NONE
Grade NONE
Denom Type N/A
Numeric Denomination $3
Mint Location NONE
Designation NONE
Circ/UnCirc Not Specified
Strike Type N/A
Holder Variety Gold Shield
Grade Add On NONE
Holder Type N/A

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