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1873 G$1 Closed 3 PR65 PCGS....
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Sold on Apr 28, 2011 for:
$37,375.00
Bid Source: Live: Floor bidder
Description
Gem Proof 1873 Closed 3 Gold Dollar
Exceedingly Rare, No More Than 15 Survive
1873 G$1 Closed 3 PR65 PCGS. The 1873 Closed 3 variety was
unknown until "Mr. 1873," famed collector-researcher Harry X
Boosel, discovered it in the late 1960s or early 1970s. All true
proof 1873-dated gold dollars are of the Closed 3 variety, save for
one possible (and unconfirmed) Open 3 that the Breen Proof
Encyclopedia notes may be a "clandestine special strike." The
estimated proof mintage for the Closed 3 dollars is pegged at 25
coins, although fewer survive today -- probably no more than 15
unimpaired proofs.Garrett and Guth write:
"The 1873, Close 3 gold dollar is one of the most rare Proofs of the era. That is a bold statement for a series of coins with a total mintage of just 606 pieces from 1862 to 1880. There are fewer than 15 coins that are estimated to have survived, and they are seldom offered for sale. The Harry W. Bass Jr. coin was graded only PCGS PF-62. Surely Bass made every effort to obtain a quality example."
This piece, crucially, matches the Breen diagnostics for the sole proof die used, chiefly the incomplete leftmost headdress feather, under AT of STATES. The yellow-gold surfaces beam with rich luster, and would likely merit a Cameo designation had this piece been certified by PCGS at a later time. A loupe reveals only minor slide marks on the cheek and some faint field hairlines. A few tiny lint marks and contact "dots" are unbothersome and typical for the issue. This piece is one of only two examples certified as PR65 at PCGS, and a single PR66 is finer (3/11). There are no Cameo or Deep Cameo examples certified at PCGS. The finest certified at NGC are three PR65 pieces, including two Cameo coins.
From The Slotkin Family Trust Collection.(Registry values: P8)
Coin Index Numbers: (NGC ID# 25EG, PCGS# 7623, Greysheet# 8157)
Weight: 1.67 grams
Metal: 90% Gold, 10% Copper
View all of [The Slotkin Family Trust Collection ]
Auction Info
2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction #1154 (go to Auction Home page)
Auction Dates
Apr-May, 2011
27th-1st
Wednesday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 1,348
Buyer's Premium per Lot:
15% of the successful bid per lot.
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