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1889 $3 Indian Princes

Gold Coins · $3 Indian Princess · 1854–1889
Weight 5.015 grams
Diameter 20.5 mm
Mint Philadelphia
Mintage 2,429
Edge Reeded
Alignment ↑↓ Coin
Composition 90% Gold, 10% Copper
Melt Value $680.64 (spot as of )
Designer James B. Longacre
Collector's Key IDCK-5693
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About this coinHistory

The 1889 three-dollar gold piece is the final issue of the denomination. Philadelphia struck 2,429 coins, ending a series that had begun in 1854 and never achieved the commercial success its proponents envisioned. The three-dollar denomination was discontinued by the same legislation that ended the gold dollar in 1890. The coin had served an awkward role from the start: too close in value to the quarter eagle, too unusual in denomination to be practical for everyday commerce.

The 1889 is modestly scarce, with PCGS estimating roughly 40 to 60 survivors. Terminal-year status adds appeal for collectors, and the coin marks the close of a denomination that exists almost entirely as a collector series. The three-dollar gold piece was produced for thirty-five years, but its total lifetime mintage across all dates is smaller than many single years of quarter eagle or half eagle production.

Price GuideTypical retail prices for problem-free examples.
Educational
GradeDescriptionTypical Price
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $930–$1,070
EF-40 Extremely Fine (EF) $1,325–$1,530
AU-50 About Uncirculated (AU) $1,495–$1,725
MS-60 Uncirculated (MS) $2,600–$3,000
MS-63 Choice Uncirculated (MS) $6,370–$6,745

This table is for educational purposes only and is intended to illustrate general market price trends and pricing steps between grades. Actual market conditions may vary significantly, especially for rarer pieces that often command premiums above the ranges shown here.

Other Varieties & References
Details
Key Varieties

No major varieties are known for this issue.

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