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1889 3CN PR68 PCGS. This issue is popular as the last year of issue of the three cent nickel series, and indeed the end of ...

2006 January Orlando, FL (FUN) Signature Auction #394

 
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Auction Ended On: Jan 5, 2006
Item Activity: 4 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Lightly Toned Superb Gem Proof 1889 Three Cent Nickel
1889 3CN PR68 PCGS. This issue is popular as the last year of issue of the three cent nickel series, and indeed the end of three cent pieces, whether silver or nickel, in their entirety. Many of the 1888 and 1889 issues were melted for recoinage into nickel five cent pieces when the law abolishing them was passed in 1890. The present example is a lightly patinated, Superb Gem proof specimen that displays shimmering, partially reflective surfaces unencumbered by marks, hairlines, or annoying spots. Each side exhibits a pastel-golden and rose-red finish with hints of sky-blue as the coin is turned under a light. The 1 in the date is repunched, a trait that the Breen Encyclopedia says is found on a minority of proofs. A specimen that approaches perfection, and one of only 3,436 proof coins minted. This is the single finest example that PCGS has certified, with none higher (11/05).
From The David R. Poole Registry Collection of Proof Three Cent Nickels.(Registry values: N2998) (NGC ID# 22NW, PCGS# 3786)

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