There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
1598

1859 $3 PR65 Ultra Cameo NGC....

2010 June Long Beach, CA Signature US Coin Auction #1140

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

Owner's willingness to entertain and respond to Offers has not yet been verified.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jun 4, 2010
Item Activity: 7 Internet/mail/phone bidders
5,201 page views
Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
Stunning PR65 Ultra Cameo 1859 Three Dollar
1859 $3 PR65 Ultra Cameo NGC. The 1859 is the first proof three dollar gold issue offered for sale to the public, and also the first for which an official mintage is known: 80 pieces. This figure, however, has only a tenuous connection to the reality for today's collectors. As Garrett and Guth note in their Encyclopedia of U.S. Gold Coins:

"The mintage figures for Proof $3 gold pieces in 1859, 1860, and 1861 are the number of coins struck, not actually sold. In all three cases, an unknown number of unsold Proofs was left over and most likely destroyed. The number of survivors of each date supports a true mintage figure of about three-dozen coins..."


Garrett and Guth continue by noting that such a mintage would be in line with the stated mintages for 1862 and 1863 proof three dollar coins, at 35 and 39 pieces, respectively, by which time the Mint had become more attuned to the likely level of proof gold sales for each year.
While non-Ultra Cameo coins have been certified in higher numeric grades, there are no finer Ultra Cameo or Deep Cameo coins than this remarkable Gem; NGC lists two PR65 Ultra Cameo coins in its Census Report, while the PCGS Population Report shows no Deep Cameo equivalents in Gem (4/10). Leaving the population figures aside, this is simply a beautiful specimen. The canary-yellow frost of the exquisitely struck devices and the gleaming golden-black of the mirrors combine for spectacular contrast. A few tiny planchet flakes are visible, but not distracting, and while close inspection turns up a handful of hairlines, the overall effect is consistent with the grade assigned. A magnificent Gem that offers a grand opportunity for the discerning collector of 19th century proof gold.(Registry values: P5) (NGC ID# 289X, PCGS# 98022)

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




FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
938,509
bidder-members
$886,618,975
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 28 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
I am more than please with the results and enjoyed every moment of my consignment to Heritage. From start to finish it has been first class and enjoyed our phone conversation.
Tom Corley,
Newtown, PA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
2015 June 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $16,999,788
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,505,243
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191
COIN AND
CURRENCY SURVEY
You could win!
Take the Survey