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Lot
7436

1877 $3 PR61 Cameo PCGS. Much underrated in comparison to ...

2003 November Signature Sale #334

 
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Offers to date: $11,000 on March 15, 2013
$10,000 on March 12, 2013
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Auction Ended On: Nov 9, 2003
Item Activity: 8 Internet/mail/phone bidders
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Location: New York, NY
Description:
Cameo Proof 1877 Three Dollar Coin
1877 $3 PR61 Cameo PCGS. Much underrated in comparison to its two famous proof-only predecessors, the 1877 is an issue of just 1,468 business strikes and a mere 20 proofs. True proofs of this date can be distinguished from deceptive, prooflike early strikings by a rust spot on Liberty's lower curls and, again, by the date being placed lower on the reverse. The number of auction appearances for 1877 proof threes is rendered useless by the confusion between the two. In actuality, the number of proofs extant is likely between 12-14 pieces. This specimen is notable as several heavy abrasions are seen on Liberty's cheek and in the obverse field. Bright golden appearance with a light cameo effect overall.
From The New Millennium Collection. (#88041) (NGC ID# 28AK, PCGS# 88041)

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