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Lot
4710

1865 $3 AU58 NGC....

2011 March Sacramento Signature ANA US Coin Auction #1153

 
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Auction Ended On: Mar 18, 2011
Item Activity: 9 Internet/mail/phone bidders
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Location: Sacramento Convention Center
1400 J Street
Hall A
Sacramento, CA 95814

Description:

Near-Mint 1865 Three Dollar Gold
Rare Early Series Issue
1865 $3 AU58 NGC. The 1865 three dollar gold piece had a limited mintage of 1,140 pieces, and collectors saved few examples. Q. David Bowers estimates 70-100 specimens survive today in all grades, and high-grade pieces are quite rare. The elusive nature of this issue was recognized at an early date, and the example in the Randall Collection (Woodward, 6/1885), lot 1025, was characterized as "very rare."
The present coin is a well-detailed piece, with just a touch of wear on the high points of the feathers and the ribbon knot. The surfaces are semiprooflike, with bright greenish-gold color. Only minor, grade-consistent contact marks occur on either side. Census: 17 in 58, 21 finer (2/11).(Registry values: N2998) (NGC ID# 25ML, PCGS# 7986)

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