A very underrated issue from a mintage of just 12,447 pieces. Lustrous, orange-golden highlights with nice luster. A first year of type issue and often overlooked as a true first year coin. In the Akers landmark auction survey of Gold Eagles, this date ranks in rarity ahead of several scarce dates, such as 1876, 1879-O, 1873-CC, 1920-S to name a few. Meant for the astute eagle collector.
Variety 4.The overdate status of the 1846/5-O has long been challenged, but it is listed by the Guide Book, NGC, and PCGS, the latter as an 1846/'5'-O. Variety 3 is nonetheless common, but Variety 4, with the mintmark over the gap between the N and D, is a little-known rarity.
Ron Guth writes that "there are few eagles rarer than the 1873 Close 3," and its mintage of just 800 coins make it the "lowest of any eagle up until that time" with the 1875 and 1877 coming in at even fewer later in the decade. Often overlooked by collectors and dealers, the date is appreciated by specialists as PCGS suggests that only 30 to 35 pieces are known, with only a single piece that survives as uncirculated. This rare, elusive offering of this date is an opportunity appreciated by the rare gold specialists.