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Lot
1645

1865 $3 Three Dollar, Judd-441, Pollock-516, Low R.7, PR66 Brown 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
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Location:

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

Description:
Very Rare 1865 Three Dollar
Struck in Copper
Judd-441, PR66 Brown
1865 $3 Three Dollar, Judd-441, Pollock-516, Low R.7, PR66 Brown NGC.
Design.
The obverse is from the same die used to coin regular proofs in 1872. The reverse follows the regular-issue three dollar format, but the date is seen to slant upward, to the right. Struck in copper with a reeded edge.

Commentary.
Because the obverse die was first used in 1872, it is believed that all examples of this issue are restrikes, created for sale to collectors in the 1870s. USPatterns.com estimates a population of about six pieces extant. One example has been silver-plated; another is gilt. Yet another example is impounded in the Connecticut State Library. The Harry W. Bass, Jr. Research Foundation owns another. The number of available specimens must be extremely small.

Physical Description.
The devices are strongly impressed, with fine detail in the hair and feathers. Iridescent pink and lilac toning cover the flawless surfaces. NGC Census: 1 in PR66 Brown, the finest numerically by two points. PCGS Population: 4 in PR64 Brown, none finer (12/08).

Provenance.
Ex: Auction '79 (Superior, 7/1979), lot 1624; Stack's private treaty transaction.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 60626)

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