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Lot
5729

1887 $3 PR62 NGC....

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

 
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Auction Ended On: Apr 26, 2013
Item Activity: 6 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
Orange-Gold 1887 Three Dollar, PR62
1887 $3 PR62 NGC. Although only 160 proofs were struck of this date, it appears they were struck in four batches; they can be distinguished from each other by reverse die alignments. This coin is from the first batch, as seen from the normal, 180-degree die alignment. As a way to distinguish genuine proofs from prooflike business strikes, the proofs have the 1 in the date placed just left of the bottom serif of the first L in DOLLARS. On business strikes it is further left, and it helps to have a business strike or photo to make the distinction more apparent. The fields show the usual orange-peel texture seen on proof gold from this era. The orange-gold surfaces are hairlined, explaining the grade, with a few contact marks scattered about.
Ex: Summer FUN Signature (Heritage, 7/2010), lot 4649.(Registry values: N4719) (NGC ID# 28AW, PCGS# 8051)

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