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Lot
2132

1873 $3 Closed 3 AU55 PCGS....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 4 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
1873 Closed 3 Three Dollar, AU55
A Rare and Widely Misunderstood Issue
1873 $3 Closed 3 AU55 PCGS. Ex: South Texas Collection. The 1873 threes of both Open and Closed varieties are among the most enigmatic issues in this unusual and popular series. A good summation of the history of the possible striking sequence and speculation about numbers struck of both business strikes and proofs is presented in Q. David Bowers and Doug Winter's book on the series (2005), a worthwhile addition to anyone's library who deals with threes. The Close (or Closed) 3 business strike is the most frequently encountered of the two date variants. The mintage, however, was not recorded, leading to great speculation over the years. We believe that well under 1,000 pieces were struck. As with all known examples, the fields show bright reflectivity on each side. Undoubtedly, the initial polish on the dies never had a chance to diminish. Numerous small handling marks are seen on each side, and there is a significant accent of reddish patina.(Registry values: N4719) (NGC ID# 25MW, PCGS# 7995)

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