This is a very RARE and very pretty near-GEM. The 1886 is a low mintage piece, with only 1,000 business strikes produced, all struck from the same pair of dies as the Proofs. At first glance this high grade beauty appears to be a GEM Proof, and was once graded and sold as such. However the state of the dies suggests that it is an early business strike. A marvelous example that is tied for FINEST graded in the non-PL Business Strike designation numerically bested only by a 65 PL. Possessing fully Prooflike surfaces the fields have a lovely orange peel texture in places. When you look closely with a strong glass, there are places where the polish has worn off; look at the recesses of the lettering of UNITED STATES OF AMERICA, and in DOLLARS 1886, and within the bow at the base of the wreath. Every device is sharply struck up, with bold, crisp definition, as would be expected on a Proof. A few tiny marks are seen, most of which are just below the truncation of the bust. The color of this gorgeous $3 gold piece is a rich orange-gold that blooms to yellow gold toward the centers. The eye appeal is amazing. PCGS 4, NGC. None of these have sold in auction. Nothing finer than MS62 since 2017. The current PCGS Price Guide value is listed at $23,500. The most recent MS63 sold in the 2017 FUN auction for $9,988 and the Pogue coin, a PCGS MS65 (now a 65 PL) brought $42,300. This is an incredibly RARE coin that should see very strong bidding when it crosses the block. Cert. Number 5633958 PCGS # 8008.00