-40%
1861 Gold Indian Princess Three Dollar Coin ~ HOLED ~ Only 5959 Minted
$ 633.07
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Description
1861 Gold Indian Princess Three Dollar Coin ~ HOLED ~ Only 5959 MintedPLEASE VIEW PHOTOS
The Philadelphia Mint produced just 5,959 circulation strikes during the first year of the Civil War, this being the last year in which gold coins were paid out at face value. After gold specie payments were suspended on December 28, 1861, what few three-dollar gold pieces were held by Northern bullion dealers, banks and exchange offices could be obtained only by paying a premium in paper money. Produced in limited numbers and seeing very little commercial use, it is little wonder that the circulation strike 1861 three-dollar gold issue is represented by only a few hundred coins, virtually all of which are in higher circulated or Mint State grades.