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The 1869 Indian Head Three Dollar U.S. Gold Coin

From , former About.com Guide

1869 Indian Head Three Dollar U.S. Gold Coin; Designed by James B. Longacre; weight 5.015 grams, 90% gold/10% copper; diameter 20.5 mm.
The 1869 Indian Head Three Dollar U.S. Gold Coin

The 1869 Indian Head Three Dollar U.S. Gold Coin

Photo (c) Harlan J. Berk, Ltd.
The Three Dollar denomination was never very popular with citizens or bankers. As a result, the coins didn't circulate very much, and they tend to appear in higher grades than the other gold denominations of the time. Unfortunately, someone cleaned or polished this specimen, which is what gives it the dullish appearance despite a dealer-given grade of AU-50. It sold for $1,750.00 in June of 2006.

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