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Lot
3120

1865 3CN PR66 Deep Cameo PCGS....

2011 November 8-10 US Coins Signature Auction - Beverly Hills #1161

 
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Auction Ended On: Nov 8, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Heritage Auctions - Beverly Hills
9478 West Olympic Blvd., 1st Floor
Beverly Hills, CA 90212

Description:
Premium Gem Proof 1865 Three Cent Nickel
Very Rare Deep Cameo Example
1865 3CN PR66 Deep Cameo PCGS. The three cent denomination, which began as a subsidiary silver coin, had faded into near-irrelevance by 1865, when the copper-nickel version was first produced. The "three cent nickels" quickly supplanted their silver counterparts, thanks to a first-year production of more than 11.3 million business strikes, more than double the mintage of any other year. While the business strikes of 1865 are abundant, their proof counterparts number among the fewest, with somewhere north of 500 specimens made.
That makes the 1865 proof issue challenging regardless of condition and puts tremendous pressure on the few Deep Cameo survivors, such as the present piece. Light green-gold toning covers parts of the boldly mirrored fields, while the devices are thickly frosted nickel-white. As always, strong repunching on the date adds visual interest. Population: 8 in 66 Deep Cameo, 2 finer (9/11).(Registry values: N7079) (PCGS# 93761)

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