1861-P (Philadelphia) Three Dollar $3 Gold

Coin / United States of America / 1861 / Philadelphia / Three Dollar $3 Gold / $3 (Three Dollars)

The coin in question is a remarkable example of American numismatic history, specifically a 1861 Three Dollar Gold piece, often referred to as the $3 Gold coin. Minted at the Philadelphia Mint (indicated by the 'P' mint mark), this coin features a unique denomination that was only produced during a brief period in the 19th century. Made of 90% gold and weighing approximately 5.015 grams, this coin has a diameter of 20.5 mm. With a limited mintage of just 5,959 pieces, this coin is considered quite scarce among collectors today. The design of the Three Dollar Gold coin is notable for its distinctive portrayal of Liberty, showcasing the artistry and craftsmanship typical of the era. As a piece of currency, it represents $3, a nominal amount that reflects its historical buying power. The 1861 Three Dollar Gold coin is not only a valuable collectible but also a tangible connection to a pivotal time in American history, as it was minted during the onset of the Civil War. Due to its rarity and historical significance, this coin holds a special place in numismatic collections, and its value can vary significantly based on its condition, provenance, and market demand. Collectors and investors alike seek out these coins not just for their gold content but for their unique role in the story of U.S. coinage.