1879 $3, DCAM PR(PCGS#98043)

October 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2118

等级

PR65DCAM

价格

275,804

详细说明

Rare Gem Proof 1879 Three-Dollar Gold Piece 1879 Three-Dollar Gold Piece. JD-1. Rarity-6. Proof-65 Ultra Cameo (NGC). A breathtaking piece with eye appeal to match its rarity. The fields are watery and deeply reflective, strongly contrasting the frosty design elements on each side. Pale khaki-gold in color and undisturbed by friction across the high points. One of the lower mintage entries among Proofs of this type, the 1879 was produced to the extent of just 30 coins. Fewer still is the number of examples that actually found buyers among contemporary numismatists. With at least some percentage of the already paltry mintage destroyed in the Mint as unsold, it should come as no surprise to read that the Proof 1879 three is a major rarity in today's market. Writing in the 2005 reference The United States $3 Gold Pieces: 1854-1889, Q. David Bowers and Douglas Winter account for only 11 to 13 survivors. The most recent research from John Dannreuther (United States Proof Coins, Volume IV: Gold, 2018) expands just slightly on these figures with an estimate of 14 to 18 known. The present example exhibits superior quality for the issue, as very few examples feature the strong Ultra Cameo contrast shown here. In fact, just a single coin has been certified finer by NGC in this category. Our offerings for Proofs of this issue have been very few and far between over the years. We encourage interested parties to prepare the strongest bids possible and expect fierce competition for the privilege of obtaining this important Proof gold rarity. It may be quite some time before a comparable bidding opportunity comes along. NGC Census: 3; 1 finer. PCGS# 98043. NGC ID: 28AM. Click here for certification details from NGC.