$3 Indian Princess Head Gold Coin
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In 1851, the U.S. Mint introduced the first 3ó coin when the postage rate for a standard letter dropped from 5ó to 3ó, making it easier to buy a 3 cent stamp. Pennies were hard to find and were often hoarded out of circulation, thereby making it difficult to get change for a higher-denomination coin. So in 1853, Congress authorized the first-ever $3 gold coin, the Indian Princess, making it convenient to buy a sheet of 100 3 cent stamps or to exchange for a bag of 100 3 cent coins without having to get change!
This $3 Indian Princess Head gold coin was minted from 1854 to 1889 and is composed of .900 Fine Gold. The head of an Indian princess is featured on the obverse and a wreath of corn, cotton, wheat and tobacco is depicted on the reverse. In most years, fewer than 10,000 coins were struck and only a fraction have survived to date...making this not only a unique denomination, but a highly-sought collectible coin!
Don't miss this rare opportunity to acquire a piece of U.S. mintage history today!
Our Indian Head Gold Coin includes a Certificate of Authenticity bearing the signature mark of Jay W. Johnson, former Director of the U.S. Mint. Each coin is in Very Fine or Better Condition, individually protected in a house slab and housed in a handsome cherrywood-finish display case.
Issuing Country: United States of America
Face value: 3 Dollars
Metal: 90% Gold, 10% Copper
Diameter: 20.5 mm
Weight: 5.015 grams