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Lot
5304

1889 $3 MS66+ PCGS....

2010 September Long Beach, CA Signature US Coin Auction #1144

 
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Auction Ended On: Sep 24, 2010
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:

Impeccable 1889 Three Dollar Gold, MS66+
1889 $3 MS66+ PCGS. The 1889 three dollar gold pieces are the last of their breed, and this piece is among the best of the lot. Both the three dollar and one dollar gold denominations breathed their last in 1889, and fortunately, many examples were saved for posterity. But the last-year mintage of three dollar coins was a minuscule 2,300 pieces, compared to nearly 29,000 one dollar gold coins.
Bowers estimates that 200 to 250 examples of the 1889 three dollar gold survive today in Mint State. This pristine MS66+ coin, as certified by PCGS, is the only one so graded, and there are only two MS67 PCGS pieces finer (8/10). The impeccable medium orange-gold surfaces on both sides are free of even the most remote distraction. The strike is extremely bold if not quite full. These Plus-graded coins are bringing strong prices at auction, and this piece should provide an interesting auction experience when it comes under the gavel.(Registry values: N7079) (NGC ID# 25NC, PCGS# 8011)

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