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Lot
4497

1884 $3 PR64 Deep Cameo PCGS. CAC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 25, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1884 Three Dollar, PR64 Deep Cameo
Rare in This Format
1884 $3 PR64 Deep Cameo PCGS. CAC. Proof three dollar gold pieces of 1884 saw a mintage of 106 coins, which along with that of 1883 represents a considerable increase from previous years, reflecting elevated collector demand. Production of three dollar proofs had been considerably less than 100 pieces since 1860 and 1861, when mintages were 119 and 113, respectively. David Bowers estimates 50 to 65 proofs known, while the PCGS website puts the figure at 65 to 75 pieces.

Regardless of which of the above estimates is correct, the number of 1884 Cameo examples is small. PCGS has graded fewer than 20 in this format, a mere six of which rate Deep Cameo, including the present near-Gem offering. The fields are predictably deeply reflective and show a slight orange-peel texture. There are no obvious flaws on this light reddish-gold specimen.
From The Camano Island Collection.(Registry values: P1) (NGC ID# 28AT, PCGS# 98048)

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