Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1881 Three Dollar Gold, PR66 Cameo
Rare Low-Mintage Date

1881 $3 PR66 Cameo NGC. The 1881 is an especially popular date in the series of three dollar gold pieces, obviously stemming from its minuscule business strike production of just 500 coins. The distribution of proofs was actually stepped up to a new high of 54 pieces in 1881, and a decent percentage remain today, perhaps numbering as high as 45-55 coins. The accepted number of proofs struck and delivered has varied considerably over the years, as pointed out in the Bowers-Winter series reference. The official delivery was recorded as 40 complete gold proof sets, all of which were delivered on February 9, plus 20 gold dollars and 10 three dollar gold pieces. These extra 10 three dollar pieces were delivered on March 29. However, Walter Breen read the records of Chief Coiner Archibald Louden Snowden, where he recorded the number to actually be 54 proofs, the number that has remained as the official and accepted proof mintage.
This specimen is among the finer pieces known of this elusive and popular date, with immaculate two-toned surfaces draped in even orange-gold patina. The surfaces are free from any noticeable or detracting blemishes. Close inspection shows the orange-peel texture seen on many proof gold coins from the latter 19th century. This effect was created by placing the planchets in an annealing furnace that had previously been used for silver or copper coins, but was overheated for gold. It is an interesting effect, and one that is seldom seen past 1900. Census: 1 in 66 Cameo, 0 finer (11/12).
Ex: New York Signature (Heritage, 11/2003), lot 7438, where it brought $36,800.
From The Flagg Family Collection.(Registry values: N7079) (NGC ID# 28AP, PCGS# 88045)

View all of [The Flagg Family Collection ]

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2013
9th-14th
Internet/Mail/Phone Bidders: 7
Members Tracking: N/A
Page Views: 455

Buyer's Premium per Lot:
17.5% of the successful bid (minimum $14) per lot.

Heritage membership

941,099
bidder-members
$883,430,746
sold in the last year

Join Now - It's Free

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 3 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

HA stands head and shoulders above the rest.
Steve
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,332,129
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 $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved