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    Description

    Unimprovable 1870 Three Cent Pattern
    Judd-799, PR67 Red and Brown
    Finest Graded at Either Service

    1870 3C Three Cent Silver, Judd-799, Pollock-886, Low R.7, PR67 Red and Brown NGC.
    Design.
    A seated Liberty faces left while supporting a shield with a scroll inscribed LIBERTY on her right side and holding an olive branch in her left hand. A crudely fashioned cap atop a pole awkwardly looms in the background. UNITED STATES / OF AMERICA occupies the periphery with the date, 1870, in exergue. The reverse design is that featured on the regular three cent silver pieces of the year: Roman numeral III, branch with three berries above, three arrows and ribbon below, all within an ornate C. Thirteen stars encircle the design. The smaller-diameter reverse die accounts for the abnormally large border on that side. Struck in copper with a reeded edge.

    Commentary.
    A rarely offered variety. The Official Red Book of Auction Records by Dannreuther and Garrett (2006) lists three sales of this pattern at auction between 1992 and 2004. The ninth edition of the Judd reference notes that this issue was "made in quantity as a numismatic curiosity." The curiosity comment is accurate, but the statement should read, "made in a limited quantity," since it would appear that less than a dozen examples are known in all grades. In fact, the combined population at NGC and PCGS is 10 pieces--a figure that likely includes resubmissions of the same pattern.

    Physical Description.
    With claims to a full Red designation, this intensely beautiful example is seemingly unimprovable in terms of quality. The mirrored surfaces shimmer around contrasting design devices on both sides, and the details are well formed. A wisp of darker patination on the high points and in the obverse fields keeps this offering at the PR67 Red and Brown level, which is the finest graded at either service as of (11/08). A Superb Gem proof pattern destined for the finest of cabinets.

    Provenance. Ex: Stack's private treaty transaction.
    From The Lemus Collection, Queller Family Collection Part Two.

    Coin Index Numbers: (PCGS# 81042)


    View all of [The Lemus Collection, Queller Family Collection Part Two ]

    View Certification Details from NGC

    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 13
    Lot Tracking Activity: N/A
    Page Views: 921

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