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2135

1878 $3 MS65 NGC. CAC....

2010 January Orlando, FL FUN US Coin Auction #1136

 
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Auction Ended On: Jan 7, 2010
Item Activity: 5 Internet/mail/phone bidders
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Location: Orlando, FL
Description:
Gem 1878 Three Dollar Gold
Showing the Luster This Issue is Well Known For
1878 $3 MS65 NGC. CAC. The generous mintage of 83,304 business strikes ensures that even today numerous high-grade examples exist, but most of them are in the range from MS61 to MS64. Gems are quite elusive compared to the certified population overall, and they are in much demand for type purposes on the rare occasions when they appear. That popularity is here evident for another reason, the terrific luster for which the issue is noted. The devices are heavily frosted, with reddish-golden color that shows an accent of deeper red on the obverse rim between 6 and 8 o'clock. The strike is quite sharp, if a tad short of full. There are 70 pieces certified finer at NGC (11/09).(Registry values: N4719) (NGC ID# 25MZ, PCGS# 8000)

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