The 1855-S Indian Princess Head Gold $3 coin holds a significant place in American numismatics, representing a unique chapter in the nation's coinage history. Minted at the San Francisco Mint ("S" mintmark), this coin features the distinctive Indian Princess Head design and is part of the short-lived Gold $3 series.
Designed by James B. Longacre, the obverse of the coin features the head of a Native American princess wearing a feathered headdress, surrounded by thirteen stars representing the original colonies. The word "LIBERTY" is inscribed above the portrait, and the date "1855" is positioned below.
On the reverse, an intricate wreath of agricultural produce, including corn, wheat, cotton, and tobacco, encircles the denomination "3 DOLLARS." Above the wreath is the motto "UNITED STATES OF AMERICA."
The Gold $3 series was introduced in 1854 as a response to the need for a coin with a value between the Gold $1 and Gold $5 denominations.
The unique denomination was intended to facilitate the purchase of postage stamps, which at the time cost three cents. However, the denomination never gained widespread popularity in circulation, and production ceased in 1889.
The 1855-S Indian Princess Head Gold $3 coin is particularly noteworthy due to its association with the San Francisco Mint, which played a crucial role in supplying coinage for the booming economy of the California Gold Rush era.
Today, the 1855-S Indian Princess Head Gold $3 coin is highly sought after by collectors for its historical significance, scarcity, and attractive design. Surviving examples are relatively scarce, especially in higher grades, making them prized additions to numismatic collections.
In summary, the 1855-S Indian Princess Head Gold $3 coin stands as a symbol of innovation and diversity in American coinage. Its association with the San Francisco Mint and its unique denomination make it a fascinating piece of numismatic history, cherished by collectors for its beauty and historical significance.
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