1870 AU58 PCGS CAC Three Dollar Rare Gold

Description

1870 AU58 PCGS CAC Three Dollar Rare Gold
Up for offer by Paradime Coins dot com (look us up) for more coin’s sales, discounts or questions feel free to reach out to info at paradimecoins dot comIn 1853, Congress had passed a bill that authorized the issuance of three-dollar coins in order for a more convenient purchase of postage stamps. Though somewhat circulated on the West Coast, where hard gold and silver were used rather than paper money, it had little commerce on the East Coast because of its disruption from the Civil War.This 1870 piece is an exciting specimen, possessing a visually striking Chrome Yellow patina. It is one of just 3,500 struck and of 800 remaining survivors. An important and a rare gold date, seldom seen in higher grades. This date typically offers low eye appeal, but this specimen truly rectifies what a rare gold should look like. It will undoubtedly catch the eye of a choosy collector, a fantastic Gem, save for a small planchet flaw on the obverse. This date has seen a surge in value. With a AU58 CAC Price Guide now at ,400, and the last comparable sale of AU58+ CAC sold for ,931 05/22 LE, but more recently, a NON-CAC NGC 58 last sold for ,335 07/23 HA. This coin can also be acquired directly from us on our s ite for ,250.00
1870 AU58 PCGS CAC Three Dollar Rare Gold
Up for offer by Paradime Coins dot com (look us up) for more coin’s sales, discounts or questions feel free to reach out to info at paradimecoins dot com
In 1853, Congress had passed a bill that authorized the issuance of three-dollar coins in order for a more convenient purchase of postage stamps. Though somewhat circulated on the West Coast, where hard gold and silver were uséd rather than paper money, it had little commerce on the East Coast because of its disruption from the Civil War.
This 1870 piece is an exciting specimen, possessing a visually striking Chrome Yellow patina. It is one of just 3,500 struck and of 800 remaining survivors. An important and a rare gold date, seldom seen in higher grades. This date typically offers low eye appeal, but this specimen truly rectifies what a rare gold should look like. It will undoubtedly catch the eye of a choosy collector, a fantastic Gem, save for a small planchet flaw on the obverse. This date has seen a surge in value. With a AU58 CAC Price Guide now at ,400, and the last comparable sale of AU58+ CAC sold for
,931 05/22 LE
,
but more recently, a NON-CAC NGC 58 last sold for
,335 07/23 HA
.
This coin can also be acquired directly from us on our s ite for ,250.00
Check out other similar PCGS/NGC CAC coins in our store.
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