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7047

1885 3CN MS65 PCGS....

2011 August Chicago Signature US Coin & Platinum Night Auction #1158

 
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Auction Ended On: Aug 12, 2011
Item Activity: 7 Internet/mail/phone bidders
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Location: Marriott - Chicago O Hare
8535 W. Higgins Road
Chicago, IL 60631

Description:
Gem 1885 Three Cent Nickel
Low-Mintage Series Key
1885 3CN MS65 PCGS. Aside from a brief spike in 1881, the three cent nickel faced declining mintages throughout most of its production life. The initial dates were coined in great number because higher denomination coins were hoarded from commerce due to the Civil War. But by 1885, silver coins were plentiful, as were Shield and Liberty nickels, and the business strike mintage of the three cent nickel fell to 1,000 pieces. Proofs are plentiful, but Uncirculated examples are rare. The present lustrous well-struck Gem is a commercial striking, as indicated by slight sloping of the dentils toward the fields. Toned pearl-gray with hints of olive-green and the occasional pinpoint fleck. Marks are absent, save for wispy contact on Liberty's jaw. Housed in a green label holder. Population: 12 in 65, 12 finer (7/11).(Registry values: N2998) (NGC ID# 275G, PCGS# 3753)

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