1. Condition: The condition of the coin plays a crucial role in determining its value. Coins that are well-preserved and in high grades (such as MS-60, MS-65, or higher) are more valuable than those that are heavily circulated or damaged.
2. Rarity: The 1873 $3 gold piece is considered a rare coin due to its limited mintage. Only 3,000 pieces were produced, making it more valuable than other $3 gold pieces from different years.
3. Numismatic Value: Numismatic value refers to the value of a coin beyond its precious metal content. Factors such as historical significance, design, and symbolism contribute to the numismatic value of the 1873 $3 gold piece.
4. Market Demand: The overall demand for rare coins, including the 1873 $3 gold piece, can influence its value. If there is a high demand from collectors and investors, the price of the coin may increase.
In general, an 1873 $3 gold piece can range in value from a few thousand dollars to tens of thousands of dollars, depending on the factors mentioned above. It is recommended to consult with reputable coin dealers or experts to obtain an accurate appraisal of the value of a specific 1873 $3 gold piece, especially if you are considering buying or selling it.