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Lot
3125

1887 $3 PR67 Cameo NGC. This Superb Gem Cameo Proof is a conditionally rare item indeed. Wh...

2007 January Orlando, FL (FUN) Signature Coin Auction #422

 
Sold for: Not Sold
Auction Ended On: Jan 4, 2007
Item Activity: 3 Internet/mail/phone bidders
209 page views
Location: Orlando, FL
Description:
Magnificent 1887 Three Dollar Gold PR67 Cameo NGC
1887 $3 PR67 Cameo NGC. This Superb Gem Cameo Proof is a conditionally rare item indeed. While it is not the finest-certified, it is a most attractive specimen, with bright yellow-gold color and excellent eye appeal. The fields are deeply mirrored around frosty devices, creating the highly desirable cameo appearance. Devoid of hairlines or handling marks, this special coin exhibits the pristine appearance of a meticulously preserved example. Struck from a normal reverse die, and not the doubled reverse die found on all business strikes. This piece is from a slightly rotated reverse die. Some proofs are from this orientation, others are from normal coin-turn alignment, and still others are from medallic alignment, with the reverse rotated 180 degrees. A few unusual specimens were double struck: with the first impression from normal die alignment and the second from medallic alignment.
Q. David Bowers believes that approximately 90 to 120 proofs survive, from an original mintage of 160 coins. Of these, the certified population is nearly equally divided between Cameo and non-Cameo specimens, in the current estimation of NGC and PCGS (8/06). Of course, Superb Gems are rare, as they are with almost any issue. PCGS has yet to encapsulate an 1887 proof at PR67, while NGC has only seen six coins worthy of this lofty grade assessment. Of the six Superb Gems at NGC, this specimen is one of only two to receive the coveted "Star" designation, denoting exceptional eye appeal.
From The Dr. Robert J. Loewinger Collection.(Registry values: N10218) (NGC ID# 28AW, PCGS# 88051)

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