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Lot
5069

1876 $3 PR64 PCGS....

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

 
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Auction Ended On: Jan 6, 2011
Item Activity: 5 Internet/mail/phone bidders
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Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

Lovely 1876 Three Dollar, PR64
1876 $3 PR64 PCGS. The recorded proof mintage of 1876 three dollar gold pieces was 45 coins, with the possibility of additional pieces, or restrikes, coined sometime during the next several years. This date is only known in proof, and demand from date collectors is high for that reason. The surviving population seems to be at least 30 pieces, and possibly as many as 40 examples. PCGS and NGC have currently certified 73 submissions in all grades, a sizeable total for a 45 coin mintage.
Among the survivors are two coins in the Smithsonian Institution. Others include the Carter, Eliasberg, Norweb, Pittman, Garrett, Reed, and Norweb coins, all different specimens. Harry Bass owned two different pieces that he purchased from Stack's in 1970 and 1973. The present specimen may be one of those coins, or it might be one of the other 70 auction appearances in our database. Despite the seemingly large number of auction appearances over many years, any offering of a proof 1876 three dollar gold piece is an important auction event that will result in one happy collector and several disappointed ones. A strong bid will ensure success and happiness.
This beautiful Choice proof seemingly deserves a cameo designation with frosty and highly lustrous devices that are displayed against a backdrop of deeply mirrored fields. A few faint hairlines limit the grade and a few tiny reverse spots should aid the hunt for its provenance. Population: 16 in 64, 6 finer (11/10).(Registry values: N7079) (NGC ID# 28AJ, PCGS# 8040)

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