The D. Brent Pogue Collection is known for its strengths in 18th and
early 19th century U.S. copper, silver and gold coins. His set of
Indian Head gold $3 coins, struck between 1854 and 1889, is a bit of
an outlier among his holdings.
At Part III of the Pogue Collection, offered in New
York by Sotheby’s and Stack’s Bowers Galleries, coins from his gold $3
set, considered among the finest and most complete ever assembled
(though missing the unique 1870-S coin currently held by the Harry
Bass Foundation) sold for more than $2.6 million, exceeding the $1.985
million low estimate total.
Here is one of three coins from the set that we're breaking down in
this week's Market Analysis:
1877 Indian Head gold $3 coin, MS-64+
Most of the Pogue Collection’s Indian Head gold $3 coins were
purchased by the collector as part of his purchase of the Great Lakes
Collection in October 2005.
His 1877 Indian Head $3 coin was part of that collection. Graded
Mint State 64+, it is the finest certified by Professional Coin
Grading Service. Featuring prooflike surfaces with frosty devices and
reflective fields, it also had deep orange-gold color that was
especially rich on the obverse.
COIN VALUES: What your Indian Head gold $3 coin is worth
Only 1,468 examples were struck for circulation and today perhaps
100 are known, with less than a dozen that Stack’s Bowers calls “true
Mint State.” Of these, most hover in the MS-60 to MS-62 range, making
this one an exceptional survivor. It sold for $70,500, at the high end
of the $50,000 to $70,000 estimate.
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