1887 $3 Gold Piece
Owned by 16 LuckyCoin collectors
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About the $3 Gold Piece
The $3 gold piece was a rare United States coin minted from 1854 to 1889. The Coins were created in response to the high demand for a denomination larger than the $1 gold piece. The coins weigh 5.01 grams and have a composition of 90 percent gold and 10 percent copper.
The coins have a face value of three United States Dollars and are made of a standard gold planchet. The design of the coin has an obverse that features a head and shoulder depiction of an Indian Bust facing left with the inscription “Liberty” below the bust. The reverse of the coin has "United States of America" in the center with the face value of the coin encircled by thirteen stars.
The design and composition of the $3 gold piece have remained relatively consistent throughout its lifespan. The designer of the coin is James Longacre, and the coins were minted at the Philadelphia, Charlotte, Dahlonega, and New Orleans Mint.
Collectors of the $3 gold piece highly value the coins due to their rarity. While the coins were not regularly issued by the Mint, they are considered one of the rarer American coins. The most common date for the $3 gold piece is the 1879 date, and the rarest date is the 1880 date.
Because of their rarity, the coins typically command high premiums. Depending on the grade, $3 gold pieces can range in value from a few hundred dollars to several thousand dollars. A $3 gold piece in excellent condition, known as MS-65 or better, can be worth upwards of $25,000 or more.
Overall, the $3 gold piece is a rare and valuable coin that is highly prized by collectors. Its rarity and historical significance make it a must have for any coin enthusiast’s collection.
The 1887 $3 Gold Piece coin, has a total mintage of 6,000, struck at the Philadelphia, Pennsylvania mint, and engraved by James Barton Longacre. Made of gold (.900) (.100 copper), weighing 5.015 grams, with a diameter of 20.5 mm, and featuring a reeded edge.
The obverse is indian princess head left crowned with circle of feathers. It reads “UNITED STATES OF AMERICA LIBERTY”. The reverse is denomination and date within a wreath of tobacco, wheat, corn and cotton. It reads “3 DOLLARS 1878”.
Price by Grade
Sign up to see prices| Grade | Price (USD) |
|---|---|
| 12 | $1,600.00 |
| 20 | $1,800.00 |
| 40 | $2,100.00 |
| 45 | $2,500.00 |
| 50 | $3,000.00 |
| 55 | $3,700.00 |
| 58 | $5,000.00 |
| 60 | $6,000.00 |
| 62 | $8,000.00 |
| 63 | $9,000.00 |
| 64 | $10,000.00 |
| 65 | $13,000.00 |
Specifications
- Type
- Standard circulation coin
- Composition
- Gold (.900) (.100 copper)
- Weight
- 5.015 g
- Diameter
- 20.5 mm
- Edge
- Reeded
- Designer
- James Barton Longacre
- Currency
- Dollar (1785-date)
Frequently Asked Questions
- What is the mintage of the 1887 $3 Gold Piece?
- The 1887 $3 Gold Piece has a total mintage of 6,000.
- What is the 1887 $3 Gold Piece made of?
- The 1887 $3 Gold Piece is made of gold (.900) (.100 copper), weighs 5.015 grams, measures 20.5 mm in diameter.
- Where was the 1887 $3 Gold Piece minted?
- The 1887 $3 Gold Piece was struck at the Philadelphia, Pennsylvania mint.
- How much is a 1887 $3 Gold Piece worth?
- A 1887 $3 Gold Piece is valued between $1600 and $13000, depending on grade and condition.
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