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The Collectors' Auction 2010
< Previous  Lot 830  Next >
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Please Note: A 15% Buyers' Premium is added to the hammer price of all lots in this sale.

(About The Images)
1856-S AU. 1856-S AU.
Lot Title: 1856-S AU.
Description: Mintage of 34,500 seems tiny by today's standards, but is not particularly low in the realm of three-dollar gold pieces. In fact, 1856-S is fairly well available in lower grades, and even at XF it can be found without much trouble. But at the AU level, scarcity begins to become apparent in consulting price guides, and this example appears to qualify for that grade. Some luster permeates the borders and even spills over into the fields on the reverse, and details are distinctly sharp on both sides. Tiny crumbs of grunge worked into the edge of many design elements only elevates apparent sharpness, with the mintmark specifically emboldened in this manner. No meaningful distractions are noted on either side.

This lot may contain an item not certified by ANACS, PCGS, or NGC. While Scotsman Auction Co. is typically conservative in our descriptions of items not certified by one of these companies, we cannot guarantee our grading estimation will match their grade. We highly recommend that collectors seeking items certified by a third-party grading service only bid on items that have already been certified. No lot can be returned because of a variance in judgment with regards to grade.

Low Estimate: $2,300.00
High Estimate: $2,600.00
Lot Status: Bidding has been closed for this lot.
Hammered Price: $2,350.00
Price Realized: $2,702.50
1856-S AU.
1856-S AU.

Price history for items of the same classification:
Lot #AuctionCurrent Bid or Hammer PriceDescription
918The Collectors' Auction 2012 on 10/05/2012$2,200.00
1856-S PCGS AU-53.
Mintage: 34,500. The second 3-dollar emission from San Francisco represents the most collectable date from that mint, since the other four S-mint dates are all much scarcer in every grade. While...
443The Collectors' Auction 2011 on 10/21/2011$1,450.00
1856-S PCGS XF-45.
Definite wear affects the portrait, resulting in flat areas above the temple and at the lower two curls. The wreath detail is also surprisingly flat for the XF-45 level, but there still appears to be...
444The Collectors' Auction 2011 on 10/21/2011$2,500.00
1856-S PCGS AU-53.
Luster definitely persists in the protected areas, and is especially well intertwined with USofA on the obverse. Mindful examination with a loupe confirms pleasing surface quality, with very few...
445The Collectors' Auction 2011 on 10/21/2011$2,300.00
1856-S PCGS AU-53.
Despite relatively strong production of 34,500 pieces, 1856-S is a slightly better date in lower grades, and appreciates rapidly in value above AU. Thus, an AU-53 example represents a palatable...
1070The Midwest Summer Sale 2011 on 07/29/2011$5,500.00
1856-S NGC AU-58.
Perusal of any reliable price guide shows that 1856-S is no rarer than any of the common dates in grades of VF and below. At XF, it begins to separate from the pack, and by the time we find it listed...
1008The Midwest Summer Sale 2010 on 07/23/2010$975.00
1854 AU detail/grafitti and 1856-S XF details/polished/rim damage.
How often does an auction house include a pair of three-dollar gold coins in a single lot? The 1854 has AU details and luster, and at first glance, appears to be a nicer piece with a few too many...
1015The Midwest Summer Sale 2010 on 07/23/2010$240.00
1856-S PCGS Genuine, mount removed
A perilous and fateful existence for some coins may end with a trip to the jeweler's for use in necklaces, rings and pendants, and that seems to have been the destiny of this 1856-S three-dollar gold...
995The Collectors' Auction 2007 on 10/19/2007$550.00
1856-S NGC F-12.
Substantially worn across both sides, as expected of the grade. A little grunge has worked its way into the recesses of the coin, and its presence is indicative of good originality. The most common...
996The Collectors' Auction 2007 on 10/19/2007$2,400.00
1856-S Small Mintmark AU-55.
A mintmark variant that is scarcer than the “medium S.” This example has a strike that is significantly superior to that of competing pieces. A bit of reflectivity in the fields appears to be...
1024The Midwest Summer Sale 2007 on 07/27/2007$775.00
1856-S NGC VF-30.
Fairly bright surfaces for the grade, and every bit the VF-30 grade it was assigned by NGC. There are no major dings or marks to report, just the normal wear of a solid VF.

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