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Lot
4823

1882 $3 MS66 PCGS. CAC....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

 
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Auction Ended On: Jul 13, 2012
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:
1882 Three Dollar Gold, MS66
Immaculate Preservation, Abundant Appeal
1882 $3 MS66 PCGS. CAC. Premium Gem three dollar gold pieces of any stripe are conditionally rare, regardless of date. This 1882 three in MS66 is one of a string of low-mintage dates from 1879-1889 that concluded the series -- 1,500 business strikes, in this case. If one examines the PCGS Population Report, that service has certified 164 submissions of the three dollar gold denomination in MS66, including all dates and mintmarks. Several dozen of those are the common 1878 issue, without which the number in MS66 of all dates shrinks to 103 submissions (and including duplicates). For the 1882 specifically, this piece, certified in a PCGS green-label holder, is one of three submissions in MS66, with two finer in MS67 (5/12).
The surfaces are deep reddish-orange with faint traces of lilac, sharply struck and ultimately pleasing, displaying complete, engaging mint luster on both sides and nothing other than immaculate preservation and abundant eye appeal. As with all known circulation strikes of this date, the present example shows vestiges of an earlier 2 above the subsequent, correctly aligned 2. This coin bears serious consideration for a fine gold type set.(Registry values: N7079) (NGC ID# 25N5, PCGS# 8004)

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