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Lot
2169

1883 $3 PR66 Deep Cameo PCGS. This date is a well known ...

2004 Orlando, FL (FUN) Signature Sale #336

 
Sold for: Not Sold
Auction Ended On: Jan 7, 2004
Item Activity: 7 Internet/mail/phone bidders
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Description:
Rare PR66 Deep Cameo 1883 Three Dollar
1883 $3 PR66 Deep Cameo PCGS. This date is a well known rarity to collectors of three dollar gold pieces. Only 900 business strikes were produced and 89 proofs. As one might imagine from such a small mintage of business strikes, some confusion has existed in the past between first-strike business strikes and proofs. On proofs, the tips of the wreath are clearly separated, while on business strikes they are joined. Also, on proofs the date appears to slant down with the 3 lower than the other digits in the date. On business strikes, the date is level.
While we have offered a number of proofs of this date over the years, and even a few Cameo examples, this is the first Deep Cameo specimen we have had the pleasure of offering at public auction. The surfaces are almost perfectly preserved. The fields are deeply reflective and show the often-seen "orange peel" effect seen on some proof gold from this and the following decade. As expected, the devices are heavily frosted and show a strong two-toned contrast. An outstanding proof example and one of the technically finest as well as most visually appealing coins extant from this low mintage issue. Population: 4 in 66, 0 finer (10/03).(#98047) (Registry values: P1, N35200) (NGC ID# 28AS, PCGS# 98047)

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