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

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
1,066 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602

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
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  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
Only 29 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
You treated me with honesty and respect, and my Heritage experience is very positive.
Puyallup, Wa receives more traffic than any other auction house website. To compare for yourself, visit:
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
You could win!
Take the Survey