PCGS: The Standard for the Rare Coin Industry

1854 $3 (Regular Strike)

Series: Indian Princess $3 1854-1889

PCGS MS67+

PCGS MS67+

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PCGS MS66+

PCGS MS66+

PCGS MS65+

PCGS MS65+

PCGS #:
7969
Designer:
James Barton Longacre
Edge:
Reeded
Diameter:
20.50 millimeters
Weight:
5.02 grams
Mintage:
138,618
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 10,000 R-3.0 40 / 41 40 / 41
60 or Better 3,000 R-4.4 39 / 41 39 / 41
65 or Better 30 R-8.9 26 / 41 26 / 41
Survival Estimate
All Grades 10,000
60 or Better 3,000
65 or Better 30
Numismatic Rarity
All Grades R-3.0
60 or Better R-4.4
65 or Better R-8.9
Relative Rarity By Type All Specs in this Type
All Grades 40 / 41
60 or Better 39 / 41
65 or Better 26 / 41
Relative Rarity By Series All Specs in this Series
All Grades 40 / 41
60 or Better 39 / 41
65 or Better 26 / 41

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS68 PCGS grade

Sotheby's 11/1999:74 - Heritage 6/2004:6219, $112,125

2 MS67+ PCGS grade

Great Lakes Collection - Larry Hanks, sold privately as an entire collection on 10/2005 - D. Brent Pogue Collection - Stack's/Bowers 2/2016:3089, $64,625

2 MS67 PCGS grade
4 MS66+ PCGS grade

Hansin Collection 1800/1899 19th Century Type Set

5 MS66 PCGS grade
5 MS66 PCGS grade
5 MS66 PCGS grade
5 MS66 PCGS grade
5 MS66 PCGS grade
5 MS66 PCGS grade
#1 MS68 PCGS grade

Sotheby's 11/1999:74 - Heritage 6/2004:6219, $112,125

#2 MS67+ PCGS grade

Great Lakes Collection - Larry Hanks, sold privately as an entire collection on 10/2005 - D. Brent Pogue Collection - Stack's/Bowers 2/2016:3089, $64,625

#2 MS67 PCGS grade
#4 MS66+ PCGS grade

Hansin Collection 1800/1899 19th Century Type Set

#5 MS66 PCGS grade
#5 MS66 PCGS grade
#5 MS66 PCGS grade
#5 MS66 PCGS grade
#5 MS66 PCGS grade
#5 MS66 PCGS grade
Ron Guth:

I'm shocked -- shocked I say -- that David Akers called this an "unecessary" denomination. How else were people expected to purchase a hundred Three Cent stamps in 1854? Yes, it was an unusual denomination, but collectors today are certainly glad they were made.

Akers was correct that this is the second most comon date of the series. The 1878 $3 is the big winner and the 1874 is a distant third, with all other dates way back in the pack. Hundreds of Mint State 1854 $3's exist, mostly in MS62 followed by MS63, then MS64. Gems make up only a small percentage of the Mint State population and anything above MS65 is extremely rare. The best example is a PCGS MS68 that sold in a 2004 Heritage sale for $112,125.

David Akers (1975/88): The 1854 is the first year of issue for this unusual and unnecessary denomination and actually it is a distinctly different type from subsequent years because the word DOLLARS on the reverse is much smaller (about half the size) than on issues from 1855 to 1889. This is the second most common date in the series from the standpoint of total number of appearances although a number of dates have appeared more often in strictly uncirculated condition. However, choice BU specimens of the 1854 are certainly available with considerable regularity.