coins \ Coin \ United States of America \ $3 (Three Dollars) \ $3 Princess Gold \ 1862 \ Philadelphia
The 1862 $3 Princess Gold coin, minted in Philadelphia, is a notable collectible within American numismatics. Designed by James B. Longacre, this coin features a portrait of Liberty wearing a coronet on the obverse, while the reverse displays a wreath surrounding the denomination. The $3 denomination was introduced during a time when the U.S. sought to create more convenient currency for everyday transactions, particularly related to gold. Due to its limited mintage and unique denomination, the 1862 $3 coin is highly sought after by collectors and holds significant historical value.