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Lot
4427

1885 $3 MS64 NGC....

2011 February Long Beach Signature US Coin Auction #1152

 
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‡Note: The owner placed a late bid on this unreserved lot and repurchased it, subject to the full Buyer's Premium.
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Auction Ended On: Feb 4, 2011
Item Activity: 12 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Choice 1885 Three Dollar Gold
Second-Lowest Mintage of the Series
1885 $3 MS64 NGC. Ex: Princess Collection. The 1885 three dollar gold had the memorably low mintage of 801 business strikes. That total puts it at the second-lowest of the entire series--behind the 1881, with 500 circulation strikes--and one of only three sub-1,000-coin productions of business strikes in the entire series, with the 1883 at 900 coins. (Of course, the 1875 and 1876 threes were proof-only issues, with no business strikes at all produced.) This near-Gem is one of 16 so graded at NGC, with but four examples finer (12/10). The surfaces are medium yellow-gold for the most part, deepening to orange-gold on the high points and the obverse fields. There are scarcely any mentionable signs of contact, although we note a small dark toning spot at the chin line. A well-struck and eminently collectible example of this seldom-seen issue.(Registry values: N4719) (NGC ID# 25N8, PCGS# 8007)

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