LOT #3034 |
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1858 3CS PR68 NGC....
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Sold on Jan 29, 2015 for:
$37,015.00
Bid Source: Internet bidder
Description
1858 Three Cent Silver, PR68
Single-Finest Certified Example
Favorite Type Two Issue
1858 3CS PR68 NGC. Sometimes the greatest gifts come in the
smallest packages. Such is the case with this magnificent three
cent silver from 1858, the last of the 1854-58 Type Two issues with
two lines bordering the star. Although the reported mintage ranges
from 60 to 75 "original" pieces in Walter Breen's Proof
Encyclopedia (1989) to 210 examples in the 2015 Guide
Book, the correct number is probably somewhere in between,
judging from the PCGS and NGC population data.The same population reports also confirm the rarity of this issue in extraordinary states of preservation. The present coin is the sole PR68 certified at NGC, and PCGS has graded only two examples as high as PR67 (12/14). Steel- and pinkish-gray toning covers the obverse. The reverse has more cobalt-blue color and a slightly golden center that adds heat to the otherwise cool surfaces. The mirrors are as deep as one will ever find on this denomination, and the devices exhibit an appreciable amount of mint frost. The design elements are fully struck, and no areas reveal hints of weakness. Excessive die polishing has removed a couple of small segments of the star outlines in the southwest obverse quadrant, and heavy diagonal die striations appear in the obverse fields. The Type Two three cent silver is undoubtedly one of the most eagerly sought type coins in U.S. numismatics. Its short life span of only five issues for the type, and 1858 is the only year generally found as a proof, making the proof Type Two a perennial favorite of both collectors and investors alike. This pristine piece represents a remarkable opportunity for type collectors.
Ex: FUN Signature (Heritage, 1/2008), lot 2721, which realized $57,500; FUN Signature (Heritage, 1/2012), lot 3075.(Registry values: N10218)
Coin Index Numbers: (NGC ID# 27C5, PCGS# 3705, GSID# 3661)
Metal: 90% Silver, 10% Copper
Weight: 0.75 grams
ASW: 0.0217oz
Mintage: 210
Auction Info
2015 January 29 - February 1 Long Beach Expo US Coins Signature Auction - Long Beach #1217 (go to Auction Home page)
Auction Dates
Jan-Feb, 2015
29th-1st
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,872
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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