There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid :
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) Buyer's Premium).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
4431

1860 $3 PR66 Cameo NGC....

2011 February Long Beach Signature US Coin Auction #1152

 
Sold for: Sign-in or Join (free & quick)
Make Offer:

The owner of this Item has been actively participating in the Make Offer to Owner program. Make Offer to Owner
Auction Ended On: Feb 4, 2011
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
3,869 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Watch our video about this lot! 360 View of this item
PR66 Cameo 1860 Three Dollar
Prized Antebellum Gold Proof
1860 $3 PR66 Cameo NGC. The PR66 grade is an extremely high level for any proof three dollar. With the added Cameo designation and as a pre-Civil War proof issue from close to the series' inception, this piece is far and away finer--and rarer--than most specimens encountered. While the mintage for proofs is reported to be 119 coins, it is likely that most were melted as unsold. Bowers estimates that only 10 to 12 proofs survive today. In the year that Lincoln was elected president, South Carolina seceded from the Union, and the nation's financial difficulties were so severe that the Treasury even lacked funds to pay Congress, most U.S. citizens had other worries than obtaining a proof three dollar gold piece.
A token quantity of 7,036 business strikes for the year was produced, after which the die was resurfaced and reused for the proofs, a fact first noted by gold researcher Harry W. Bass, Jr. According to the Bowers series reference, the "relapping caused a further reduction of the J.B.L. initials and resulted in inconsistent spacing of the dentils on the obverse in certain areas." Bowers also notes a small patch of die rust on Liberty's jaw. Some of those characteristics are visible on this coin as well as some that Breen cites in his Proof Encyclopedia, including a "minute spine down from jaw" and "partial slight extra outlines at r. ribbon and parts of r. wreath."
The present PR66 Cameo example is one of only four so graded at NGC, and there are none finer (1/11). The desired gold-on-black appearance is quite evident on this piece, due to the depth of contrast between the fields and devices. Even, consistent yellow-gold color prevails throughout. The surfaces are all but free of mentionable marks, but for provenance purposes we mention a tiny planchet indent in the left obverse field, directly before Liberty's nose. This rare antebellum three dollar in excellent shape should prove to be a prize for proof gold specialists and series fans.(Registry values: N10218) (NGC ID# 289Y, PCGS# 88023)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
866,481
bidder-members
$937,569,654
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 3 days left to consign to the 2014 June 5 - 8 LB Expo US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
If/when you are considering selling your treasured collection, it would be in your best interest to consider Heritage.
The White Rose Collection
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 March 21 &  23 US Coins Signature Auction - San Francisco
2014 March 21 & 23 US Coins Signature Auction - San Francisco
REALIZED $4,375,539
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED SO FAR $15,008,174
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
2014 January 9 & 13 FUN World Currency Signature Auction - Orlando
REALIZED $305,199