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5720

1886 $3 MS62 Deep Prooflike NGC....

2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago #1184

 
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Auction Ended On: Apr 26, 2013
Item Activity: 5 Internet/mail/phone bidders
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Location: Renaissance Schaumburg Convention Center Hotel
1551 North Thoreau Drive
Schaumburg, IL 60173

Description:
1886 Three Dollar Gold, MS62
Only NGC-Graded Example Designated Deep Prooflike
1886 $3 MS62 Deep Prooflike NGC. With a low mintage of only 1,000 pieces, it comes as little surprise that a number of 1886 three dollar pieces are prooflike, struck shortly after a die pair was newly installed, when the dies still imparted a prooflike appearance from its preparation. Later strikes from the same dies instead show satiny or cartwheel luster. This piece has exceptionally deep fields with the contrasting, frosted devices that give the coin its DPL status. Numerous small abrasions are scattered over each side, but the only mark of any note is located horizontally between DOLLARS and 1886. The bright yellow-gold surfaces show just a touch of red. Sharply struck throughout. This is the only coin NGC has designated as Deep Prooflike for this date (3/13).
From The Camano Island Collection. (PCGS# 78008)

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