1865 $3 (Regular Strike)

Series: Indian Princess $3 1854-1889

PCGS MS66+

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PCGS MS66

PCGS MS64+

PCGS #:: 7986

Designer:: James Barton Longacre

Edge:: Reeded

Diameter:: 20.50 millimeters

Weight:: 5.02 grams

Mintage:: 1,140

Mint:: Philadelphia

Metal:: 90% Gold, 10% Copper

Auction Record:: $99,000 • MS66 • 02-12-2023 • Heritage Auctions

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1865 $3

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Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	300	R-6.4	5 / 41 TIE	5 / 41 TIE
60 or Better	20	R-9.1	7 / 41 TIE	7 / 41 TIE
65 or Better	6	R-9.7	10 / 41 TIE	10 / 41 TIE

Survival Estimate
All Grades	300
60 or Better	20
65 or Better	6

Numismatic Rarity
All Grades	R-6.4
60 or Better	R-9.1
65 or Better	R-9.7

Relative Rarity By Type All Specs in this Type
All Grades	5 / 41 TIE
60 or Better	7 / 41 TIE
65 or Better	10 / 41 TIE

Relative Rarity By Series All Specs in this Series
All Grades	5 / 41 TIE
60 or Better	7 / 41 TIE
65 or Better	10 / 41 TIE

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS66+ PCGS grade	Richard C. Jewell Collection - American Numismatic Rarities 3/2005:628, $57,500 - Bob R. Simpson Collection
2	MS66 PCGS grade
2	MS66 PCGS grade
2	MS66 estimated grade
5	MS65 estimated grade
5	MS65 estimated grade
8	MS64 PCGS grade	Heritage 10/2009:1384
8	MS64 PCGS grade
8	MS64 PCGS grade
8	MS64 PCGS grade

#1 MS66+ PCGS grade

Richard C. Jewell Collection - American Numismatic Rarities 3/2005:628, $57,500 - Bob R. Simpson Collection

#2 MS66 PCGS grade

#2 MS66 estimated grade

#5 MS65 estimated grade

#8 MS64 PCGS grade

Heritage 10/2009:1384

#8 MS64 PCGS grade

David Akers (1975/88): The 1865 has the lowest official mintage of any regularly issued date prior to 1881. Even with such a small mintage, this date was clearly made for commercial reasons, in contrast to most of those of the 1880's, as evidenced by the fact that the majority of known specimens are well worn. As is the case with most rare coins, this date is usualy overgraded by a substantial margin. In my experience it would rank fifth most difficult to obtain on choice condition behind the 1855-S, 1857-S, 1860-S, and 1854-D. I have seen only two full mint state pieces and three legitimate AU's. Even strictly graded EF's are hard to come by and I would estimate that four out of five specimens that I have seen were no better than VF-30.