1876 $3 PR (PCGS#8040)
Spring 2022 U.S. Coins Auction
- 拍卖行
- Stack's Bowers
- 批号
- 3109
- 等级
- PR61
- 价格
- 275,094
- 详细说明
- Famous Proof-Only 1876 Three-Dollar Gold Rarity
1876 Three-Dollar Gold Piece. JD-2. Rarity-6. Proof-61 (PCGS).
This impressive coin offers a noteworthy numismatic provenance to accompany its exceptional rarity. Fully struck with a modestly cameo finish, both sides exhibit satiny design elements set against a backdrop of reflective fields. The surfaces are vivid deep orange-gold throughout. Light hairlining explains the Proof-61 grade, although the eye appeal remains strong and there are no significant marks. A shallow planchet void in the reverse field before the digit 3 in the denomination is as made. The reverse is rotated a few degrees counterclockwise from normal coin alignment.
The Mint produced no circulation strike three-dollar gold coins in 1876, a repeat of 1875, but it did step up Proof production in the later year in anticipation of increased demand associated with the United States Centennial celebration. Officially the Mint struck 45 Proof threes in 1876, 20 coins delivered on February 19 and an additional 25 specimens on June 13. Interestingly, however, two die marriages are known, with different die rotations also known for both varieties. John W. Dannreuther (2018) rightly concludes that this data points to at least four different striking periods, so it is likely that a few additional Proofs of this issue were prepared, either on other dates in 1876 and/or as restrikes sometime after that year.
With a higher mintage, the 1876 three-dollar gold piece is more plentiful than the 1875, which is also a Proof-only issue, but with a reported mintage of just 20 coins. As with all classic U.S. Mint Proof gold coins, of course, the 1876 three is a major rarity in an absolute sense. Dannreuther accounts for only 32 to 40 survivors, evenly divided between the JD-1 and JD-2 die pairings. The offered coin is a desirable specimen destined for another advanced gold cabinet.
Provenance: From the Huberman Collection. Earlier our (Stack's) sale of the R.L. Miles, Jr. Collection, Part I, October 1968, lot 295; our (Stack's) sale of the Dr. E. Yale Clarke Collection, October 1975, lot 23. 1975 sale lot tag included.
PCGS# 8040. NGC ID: 28AJ.
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