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Lot
1533

1850 P3CS Three Cent Silver, Judd-125 Original, Pollock-147, R.4, PR65 NGC....

2009 January Orlando, FL FUN Auction #1121

 
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Auction Ended On: Jan 7, 2009
Item Activity: 9 Internet/mail/phone bidders Number of Bidders
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Location:

Orange County Convention Center
North/South Building
9400 Universal Blvd.
Orlando, FL 32819

Description:
Terrific Gem Proof 1850 Three Cent Silver
Judd-125 Original
1850 P3CS Three Cent Silver, Judd-125 Original, Pollock-147, R.4, PR65 NGC.
Design.
The obverse has a Liberty cap with resplendent rays surrounding. LIBERTY is on the bottom part of the cap, and the date 1850 below. A palm branch encircles the entire reverse to form a wreath, enclosing the numeral III. UNITED STATES OF AMERICA rings the rim. Struck in silver with a plain edge.

Commentary.
A similar design was employed in 1836 for gold dollar patterns (Judd-67) and for a Mint medal celebrating the first coinage on a steam press. Both borrow heavily from Mexican silver coins of the early to mid-1800s, including the half real, one real, two, four, and eight reales, all with a Cap and Sunburst design that first appeared in the 1820s, for example on the KM-374.10 Mexico City two reales of 1825. Mexican coinage circulated widely in the United States during this era and may have directly influenced the Mint's decision to replicate the popular Cap and Sunburst design motif. As the old saying goes, "Imitation is the greatest form of flattery."

Physical Description.
This stunning Gem has beautiful original "skin" in shades of silver accented with high-point peach and ice-blue shadings. The date shows the characteristic slanted 5, a favorite of Mint Engraver James B. Longacre. Simply a terrific coin. NGC Census: 4 in PR65, 1 finer. PCGS Population: 1 in 65, none finer (12/08).

Provenance.
Unknown.
From The Lemus Collection, Queller Family Collection Part Two.
(PCGS# 11536)

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Auction 1204, Lot 6048 Friday, April 25, 2014 PR65 NGC $2,200.00
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