A broadstruck error occurs when a coin is struck without the collar to form the rim and edge that is part of the shape of the coin. Coins can be broadstruck on either type one or type two planchets. When a coin is broadstruck the blank being fed into the collar will spread and distort outward as it is being struck because the collar isn’t in the correct position to retain it.
All U.S. Gold Errors are very scarce. $3 Indian Gold Pieces are scarce even as regular Gold Type Coins. Major Mint Errors on $3 Gold pieces are unheard of. This is only the second known broadstruck $3 Gold Piece for the entire series. This piece is an uncentered broadstruck and looks 5% off-center. It exhibits considerable luster and has a very attractive overall appearance. The other known broadstruck $3 piece was discovered when the Bolt collection of Major Mint Errors was sold in 1974.