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1854 $3 Three Dollar Indian Princess Head Gold Coin

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numismatic student's Avatar
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11898 Posts
 Posted 06/18/2026  3:36 pm Show Profile   Bookmark this topic Add numismatic student to your friends list Get a Link to this Message Number of Subscribers
Finally picked up an example of the first-year of the $3 odd-denomination type. One thing, I noted from my research is that the '54 has the word 'DOLLARS' written in a much smaller font than in most other years. Not gonna lie, I kind of wish the coin had a D mintmark as this was the only year that the Dahlonega Mint issued the $3 denomination. Let me know what you think this grades (not what you think the TPG graded it). As usual, the TPG grade in 48. No peeking at the sale results as it is easy to find online. Thanks!

1854-$3-Three-Dollar-Indian-Princess-Head-Gold-Coin
1854-$3-Three-Dollar-Indian-Princess-Head-Gold-Coin
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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panzaldi's Avatar
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18685 Posts
 Posted 06/18/2026  4:05 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
lighting is not that great making more of challenge to assess the surfaces. I was always fascinated by the $3 coins.

maybe AU58 or MS63. I'm leaning towards the AU side
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jbuck's Avatar
United States
189130 Posts
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nickelsearcher's Avatar
United States
15469 Posts
 Posted 06/18/2026  4:24 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Beautiful example of this odd ball denomination.

Difficult to gauge the surfaces due to the lighting used. I'm thinking that I maybe see some light rub on the design high points - so AU58 slider.

Or maybe I'm wrong - and it's a solid MS63 or so.
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ArrowsAndRays's Avatar
United States
1660 Posts
 Posted 06/18/2026  5:12 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
A TPG would probably give it an AU grade.
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fortcollins's Avatar
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 Posted 06/18/2026  6:09 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
All of the TPGs do pretty well with this denomination. Most of the survivors will fall into the AU-58 to MS-63 window, Below AU-58, not many have good luster and above MS-63 requires nearly pristine fields. This coin has the luster, but quite a bit of light contact in the fields, so it's in that grade range.

The central devices are nice. The strike is about average. There is only one deeper knock, on the SE central reverse field to the right of the "4" in the date. The flat spots on the cheek, hair over the ears, feather tips, and lower curls don't have corresponding flatness on the higher portions of the reverse. That suggests strike and cabinet rub, rather than heavy circulation. The light surface scratches are probably evidence of light use in commerce, but that doesn't preclude an MS grade.

On balance, from the photos I'm seeing enough luster and not enough evidence of circulation on the reverse to push this one into the MS-62 camp.

Very nice example!
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Errers and Varietys's Avatar
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 Posted 06/18/2026  7:18 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
I'm thinking MS-62.
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Greasy Fingers's Avatar
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 Posted 06/19/2026  12:57 am  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list Get a Link to this Reply
I haven't seen enough of these to give an educated guess, so I'll just say 63 to follow along.
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srs77's Avatar
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 Posted 06/19/2026  01:00 am  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
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panzaldi's Avatar
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 Posted 06/19/2026  08:56 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply

Quote:
The flat spots on the cheek, hair over the ears, feather tips, and lower curls don't have corresponding flatness on the higher portions of the reverse. That suggests strike and cabinet rub


that helps a lot FC and something to look for in other coins
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IndianGoldEagle's Avatar
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 Posted 06/19/2026  1:35 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Hard to tell what marks are on the holder and what is one the coin. This one looks MS to me. MS-62
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Jaobler's Avatar
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 Posted 06/20/2026  01:09 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
I appreciate Fortcollins' remarks. I also see the apparent rub on the hair curls but no comparable friction on the reverse. Ample luster therefore suggests mint state with the faint hairlines on both sides likely limiting the grade to MS-62. Nice example!
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numismatic student's Avatar
United States
11898 Posts
 Posted 06/20/2026  09:25 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
The TPG grade below. Thank you for all your kind comments!

1854-$3-Three-Dollar-Indian-Princess-Head-Gold-Coin
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS
THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: "It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat."
My coin website:https://fairfaxcoins.com
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2340 Posts
 Posted 06/20/2026  12:48 pm  Show Profile   Bookmark this reply Add smat45 to your friends list Get a Link to this Reply
The true view glamor shots are not very appealing...
Based on those, and not your pics...
61 seems in line.
Still...beautiful $3 IP
smat
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