Announcement: Sunday & Tuesday Internet Coin Auctions and Weekly World and Ancient Coin Auctions move to Heritage Live!

Our Weekly Internet Coin Auctions and World and Ancient Coin Auctions are closing with live, online auctions on HA.com's Heritage Live! platform beginning with the Internet Coin Auction that ends Sunday, September 21st and the World and Ancient Coin Auction that ends on Thursday, September 25th. Each lot is offered one at a time, in lot number order, in live auctions beginning at 8:00 PM CT. During this part of the auction, live bidders will be on Heritage Live! competing with each other and with previously placed Internet bids. The lot opens, requests live bids, and then closes when the bidding is finished. There is no change in how you place your secret maximum bids during the week the auctions are open on HA.com. In addition, once bidding on HA.com ends, 2 hours before the live sessions start, you still have the option to leave proxy bids through Heritage Live!

For more information about Heritage Live!, please visit HA.com/live. If you have any questions about this exciting format change, please contact us at 800-872-6467 or Bid@HA.com.

X
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
1,004 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
884,957
bidder-members
$1,005,602,708
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 45 days left to consign to the 2015 January 4 - 5 NYINC World Coins & Ancient Coins Signature Auction - Waldorf NYINC!
Learn About Consigning With Us
Your individual attention and service has been of the very highest caliber.
S.J. Witte
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 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach
REALIZED $13,398,253
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED SO FAR $9,113,781
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,847,114