1854-P $3 Gold Indian Princess PCGS MS65

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Item #
313258
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  • 1+ $23,000.00 $22,321.50
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First-Year $3 Gold Piece—The Mystery of the Indian Princess

 

The $3 Indian Princess Gold Piece is renowned by collectors as the most beautiful gold coin struck by the U.S. Mint in the 19th century. But, exactly why the coin was made is a mystery today. And, even back when it was authorized by Congress no reason to make it was given. While the California Gold Rush prompted the creation of new U.S. gold coins, speculation about this coin’s origin is related to the U.S. Post Office, which at about this same time had reduced the first class mail rate to 3 cents. Therefore it is assumed by many coin experts that this coin was created so people could purchase a sheet of 100 First Class stamps.

 

Regardless of the reason, the $3 Gold Indian Princess was never struck in large quantities, and has been scarce and desirable ever since the minting ended in 1889. Designed by U.S. Mint Chief Engraver James B. Longacre, the coin shows a gorgeous Indian Princess wearing a pom-pom feathered headdress, with the date and denomination enclosed within a "fruits of the land" wreath.

 

This first-year 1854 Gold Indian Princess looks as good as the day it was struck 164 years ago! This is an incredible find, as it’s estimated by U.S. gold coin expert Jeff Garrett that only 10% of all vintage U.S. gold still exists today. And yet, this coin has been graded by the Professional Coin Grading Service (PCGS) as being in beautiful Mint State-65 (MS65) condition.

 

These coins were struck only from 1854 until 1889 – a relatively short life for a U.S. coin denomination. And when the United States went off the gold standard in the 1930s, many were lost to the melting pot. In fact, many collectors today don’t even know that a $3 gold coin even existed! But here it is, ready for your collection.

 

Of the 138,618 struck that first year of 1854, this coin is the only one our experts have managed to secure certified by PCGS as being in MS65 condition. Here’s your chance to get a first-year-of-issue 1854-P $3 Gold Indian Princess in Mint State-65 condition – a grade two whole grades higher than that of the same coin in the Smithsonian’s collection! Add it to your cart right now!

 

  • FIRST YEAR OF UNIQUE DENOMINATION – America’s $3 gold piece was struck from 1854-1889. According to some coin historians, it was designed by U.S. Mint Chief Engraver James B. Longacre so that large quantities of 3-cent stamps could be purchased. Longacre made sure his $3 gold coin appeared as different as possible from the unpopular 3-cent copper piece already in circulation.

 

  • STRUCK IN FINE GOLD – The 1854-P Three Dollar Indian Princess Gold Piece was struck at the Philadelphia Mint in 5.015 grams of 90% gold.

 

  • LEGAL-TENDER GOLD COIN – Each Indian Princess Gold Piece is $3 legal tender.

 

  • STUNNING, HIGH-GRADE CONDITION – Your 1854-P Three Dollar Indian Princess Gold Piece has been certified and graded by the Professional Coin Grading Service (PCGS) to be in Mint State-65 (MS65) condition. This is an exceptionally high-grade first-year piece, especially when you consider the same coin in the world-famous Smithsonian collection is graded in MS63 condition – two whole grades lower than your coin!

 

  • LIMITED AVAILABILITY – The U.S. Mint struck a relatively low mintage of just 138,618 of these coins. They mainly circulated on the West Coast, where coins were preferred over paper money. Many were lost or damaged during the Civil War or were later melted down. These coins are hard to find today – especially a coin in this high of a grade!

 

Competition for this first-year gem is going to be fierce, so what are you waiting for? Order now!

Year of Issue 1854
Country United States
Composition Gold
Purity 0.9000
Condition Graded
Grade MS65
Pedigree Struck at Philadelphia Mint
Denomination 3.00
Currency Type Dollar
Mint Name Philadelphia - P
Coin Weight 5 Grams - g
Dimensions 20.5mm
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