1863 $3 PR65 Deep Cameo PCGS. JD-1, High R.6....

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1863 Three Dollar, PR65 Deep Cameo
Registry Set Contender
14 to 16 Examples Known

1863 $3 PR65 Deep Cameo PCGS. JD-1, High R.6. The Philadelphia Mint struck a modest production of 39 proof three dollar gold pieces for collectors in 1863, to accompany a small circulation-strike mintage of 5,000 pieces. The proofs were all delivered in a single batch on March 23. A single die pair was used to strike all the proofs. The obverse die was employed to strike all the proofs from 1861 through 1863. The reverse die was also used to produce business strikes. Since both formats used the same reverse in 1863, numismatists have to rely on the obverse die diagnostics to differentiate between proofs and prooflike business strikes. Fortunately, the obverse has either a distinct irregular-shaped raised area near the junction of the two large curls (Die State b), or a dogleg die line in that area (Die State c) that makes it possible to distinguish between the formats

The 1863 proof three dollar gold piece is an elusive issue from the climactic date of the Civil War. PCGS lists 20 certification events in their Population Report, while NGC has recorded only eight submissions in their Census (11/23), but even those small totals may include some duplication. PCGS CoinFacts estimates the surviving population at 20-25 examples in all grades. In his series reference, United States Proof Coins, Volume IV: Gold, John Dannreuther offers a smaller assessment of just 14-16 specimens extant, including one coin in the National Numismatic Collection at the Smithsonian Institution, and a piece in the collection of the American Numismatic Society.

The coin offered here is a delightful Gem proof, with sharply detailed, frosty design elements that contrast profoundly with the deeply mirrored fields to create a dramatic cameo effect. A tiny lump between A and M in AMERICA serves as a pedigree marker. The bright lemon-yellow surfaces are impeccably preserved and eye appeal is terrific. Population: 2 in 65 Deep Cameo, 3 finer (11/23).(Registry values: P4)

Coin Index Numbers: (NGC ID# 28A3, PCGS# 98026, Greysheet# 8697)

Weight: 5.02 grams

Metal: 90% Gold, 10% Copper

View Certification Details from PCGS