LOT #5061 |
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1878 $3 MS66 PCGS. CAC....
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Sold on Jan 6, 2011 for:
$23,000.00
Bid Source: HA.com/Live bidder
Description
Magnificent MS66 1878 Three Dollar
Popular Type Coin in High Grade
1878 $3 MS66 PCGS. CAC. Q. David Bowers ascribes the high
mintage of the 1878 three dollar gold coin to the impending return
of gold-for-paper (or specie) payments, then scheduled for January
1, 1879. The high mintage proved a failure; in Bowers' words,
"Apparently, no thought at all was given as to whether they were
popular, and no record exists of anyone checking to see how such
coins fared when they were in circulation in the 1850s." Today, of
course, the pieces are popular--as type coins for this oddest of
odd denominations.This gorgeous Premium Gem displays frosty, swirling luster that is mainly wheat-gold with scattered orange overtones and additional strong elements of lavender-blue in the obverse fields. Population: 65 in 66, 4 finer (11/10).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 25MZ, PCGS# 8000, Greysheet# 8649)
Weight: 5.02 grams
Metal: 90% Gold, 10% Copper
Auction Info
2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151 (go to Auction Home page)
Auction Dates
January, 2011
5th-9th
Wednesday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 874
Buyer's Premium per Lot:
15% of the successful bid per lot.
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