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) ).


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) ).

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
5070

1876 $3 PR64 Cameo NGC. CAC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 6, 2011
Item Activity: 11 Internet/mail/phone bidders
994 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

1876 Three Dollar Gold, PR64 Cameo
Famed 19th Century Proof-Only Rarity
1876 $3 PR64 Cameo NGC. CAC. The 1876 three dollar has been the source of much misinformation when one reads what was written about it shortly after striking and until recent decades. Scholarship, mostly done by Harry Bass, has greatly advanced our understanding of this enigmatic date. However, one thing has not changed: It is a proof-only issue. All else seems to have come under question, including the mintage and restrikes.
The official mintage was 45 proofs, delivered on February 19 and June 13. Prior to third-party grading and the population data each certification company published, dealers and auctioneers knew the mintage could not tell the entire story, because 1876 threes turned up more often than the mintage would indicate. Today we know the combined population data from PCGS and NGC is 70 pieces as non-Cameo, Cameo, and Deep/Ultra Cameo. When the inevitable resubmissions are factored out, one must conclude that the mintage was more than the officially stated 45 pieces.
Even though Walter Breen stated in his 1977 proof Encyclopedia: "No rumor of restrikes" this is an obvious error. From close examination of 1876 proof threes Harry Bass concluded there were two die states of one set of dies, coins he called originals, and there was another different set of dies employed for other pieces, called restrikes.
Using Bass' notes, we conclude that the present piece is from the second original striking period, with slight evidence of die rust on the neck of Liberty. The field-to-device contrast is immediately apparent on each side of the orange-gold surfaces. We see no singular contact marks that might aid in tracing the pedigree of this rarity.
Akers states the 45 proofs officially struck were for inclusion in gold proof sets for the year. The possibility that a small but unknown number were produced at a later date does not alter the 1876's desirability or collectability, as there are no circulation strikes. How many proofs were struck will probably never be known, but it is generally believed that between 45 and 60 individual coins exist today. No studies have been done regarding the relative availability of originals vs. restrikes. (Indeed, the rarity of this date precludes such a study.) The importance of this issue was not lost on collectors in the late 19th century, and it will once again be reaffirmed with the offering of this impressive coin. Census: 11 in 64 Cameo, 7 finer (12/10).
From The Henry Miller Collection.(Registry values: N7079) (NGC ID# 28AJ, PCGS# 88040)

View all of [The Henry Miller Collection ]
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
877,630
bidder-members
$960,865,727
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 31 days left to consign to the 2014 October 8 - 12 PNG New York Invitational Coin Show US Coins Signature Auction - New York!
Learn About Consigning With Us
I want to thank you and Heritage for the services provided above and beyond those one would expect from an auction house.
[ Entire Letter » ]
Larry A. Moody, Senior Internal Auditor, University of Alabama,
Tuscaloosa, AL
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 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,734,681
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 $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143