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Lot
4425

1880 $3 MS65 PCGS....

2011 February Long Beach Signature US Coin Auction #1152

 
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Auction Ended On: Feb 4, 2011
Item Activity: 6 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Gem 1880 Three Dollar Gold
1,000 Circulation Strikes Made
1880 $3 MS65 PCGS. With an even 1,000 circulation strikes produced, the 1880 three dollar has one of the lowest mintages in the entire series. Fortunately, the issue was recognized at the time of production by collectors and dealers such as Thomas Elder, who in 1904 sold several hundred examples of the 1879 and 1880 issues to Ben G. Green, a dealer from Chicago. The Bowers series reference puts the number of Mint State survivors at 140 to 170. We might peg the high side at 200, although the population data are clearly overcrowded with duplications.
This Gem example has reddish tinted surfaces with underlying bright yellow-gold in the fields on each side. The only mentionable distractions, consistent with the MS65 grade, are a couple of small ticks in the left obverse field, a small dark spot on the reverse to the left of the date, and a thin scrape below the date. Census: 18, 5 finer (1/11).
From The Mesquite Collection.(Registry values: N4719) (NGC ID# 25N3, PCGS# 8002)

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