LOT #4730 |
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1863 $3 PR66 Ultra Cameo NGC. CAC....
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Sold on Mar 18, 2011 for:
$80,500.00
Bid Source: Internet bidder
Description
Civil War-Era 1863 Three Dollar Gold
PR66 Ultra Cameo
1863 $3 PR66 Ultra Cameo NGC. CAC. The Civil War threatened
to disrupt the nascent distribution system for proof coins to a
mass numismatic audience, though history records that mintages
persisted through the entire conflict. In 1863, for example, the
year that Confederate forces reached the same state that houses the
Philadelphia Mint, that facility struck a full range of proof
copper, silver, and gold coins, including the little-used three
dollar gold denomination.The mintage was not high, of course, and today, the proof 1863 three dollar gold is a valuable rarity regardless of condition. In The United States $3 Gold Pieces, Q. David Bowers writes:
"Somewhat over a dozen Proofs survive from a stated production of 39 pieces. Generally, these are in higher grade levels, have cameo contrast, and are very attractive. Such coins are generally available only to buyers who have a great amount of patience."
The patient buyer will find a great reason to have waited in this marvelous specimen, a fantastically contrasted coin with pale gold frost over the devices and gleaming yellow mirrors. While a copper spot appears off the corner of the R in LIBERTY on the obverse and a lintmark curls through the lower reaches of the R in DOLLARS on the reverse, post-striking defects are few, and the overall visual appeal is magnificent. This is the only Ultra Cameo or Deep Cameo coin rated at PR66 in the combined certified population (1/11), and there are none finer.(Registry values: P4)
Coin Index Numbers: (NGC ID# 28A3, PCGS# 98026, Greysheet# 8697)
Weight: 5.02 grams
Metal: 90% Gold, 10% Copper
Auction Info
2011 March Sacramento Signature ANA US Coin Auction #1153 (go to Auction Home page)
Auction Dates
March, 2011
17th-20th
Thursday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 7,149
Buyer's Premium per Lot:
15% of the successful bid per lot.
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