David Akers (1975/88): The 1858 is the first in a long line of low mintage Philadelphia Mint three dollar gold pieces. Between 1858 and the last year of the series, 1889, only the 1859, 1874, and 1878 had mintages exceeding 7,200 pieces! Most known specimens of the 1858 are well worn with VF and EF examples predominating. Actually, an 1858 in any grade is rare and it is doubtful is more than 75-100 total pieces still exist. Strictly uncirculated specimens are natuarally very rare, although with the continual relaxing of grading standards (PCGS CoinFacts editors note: this was written in 1976), "uncs" are offered with more frequency today than they were ever in the past. I have seen four or five mint state pieces, including one gem, but, of course, a few more probably exist.
© 1999 - 2014 Collectors Universe NASDAQ: CLCT