1865 $3 AU53 PCGS #7986

CoinFacts Details

Expert Comments

David Akers (1975/88)

The 1865 has the lowest official mintage of any regularly issued date prior to 1881. Even with such a small mintage, this date was clearly made for commercial reasons, in contrast to most of those of the 1880's, as evidenced by the fact that the majority of known specimens are well worn. As is the case with most rare coins, this date is usualy overgraded by a substantial margin. In my experience it would rank fifth most difficult to obtain on choice condition behind the 1855-S, 1857-S, 1860-S, and 1854-D. I have seen only two full mint state pieces and three legitimate AU's. Even strictly graded EF's are hard to come by and I would estimate that four out of five specimens that I have seen were no better than VF-30.

PCGS #

7986

Designer

James Barton Longacre

Edge

Reeded

Diameter

20.50 millimeters

Weight

5.02 grams

Mintage

1140

Metal

90% Gold, 10% Copper

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Region

The United States of America

Price Guide

PCGS Population

Auctions - PCGS Graded

Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	300	R-6.4	5 / 41 TIE	5 / 41 TIE
All Grades	20	R-9.1	7 / 41 TIE	7 / 41 TIE
60 or Better	6	R-9.7	10 / 41 TIE	10 / 41 TIE

Survival Estimate The Survival Estimate represents an average of one or more experts opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
65 or Better	300
All Grades	20
60 or Better	6

Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
65 or Better	R-6.4
All Grades	R-9.1
60 or Better	R-9.7

Relative Rarity by Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
65 or Better	5 / 41 TIE
All Grades	7 / 41 TIE
60 or Better	10 / 41 TIE

Relative Rarity by Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
65 or Better	5 / 41 TIE
All Grades	7 / 41 TIE
60 or Better	10 / 41 TIE

Condition Census Learn More

Pos	Grade	Pedigree and History
1	MS66+ PCGS grade	Richard C. Jewell Collection - American Numismatic Rarities 3/2005:628, $57,500 - Bob R. Simpson Collection
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 estimated grade
5	MS65 estimated grade

#1 MS66+ PCGS grade

Richard C. Jewell Collection - American Numismatic Rarities 3/2005:628, $57,500 - Bob R. Simpson Collection

#2 MS66 PCGS grade

#2 MS66 estimated grade

#5 MS65 estimated grade