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    Description

    1873 Open 3 Three Dollar, PR62
    Only 13 to 18 Pieces Believed Known

    1873 $3 Open 3 PR62 PCGS. JD-1, Low R.7. Proof 1873 three dollar gold pieces are decidedly rare. This issue is known with both the Closed and Open 3 date types, although the Closed 3 variant is the rarer of the two with only four to six pieces believed known. In The United States $3 Gold Pieces, Dave Bowers and Doug Winter estimate that 13 to 18 Open 3 proofs survive.

    Mint records indicate a coinage of 25 proofs, struck in February 1873, and no circulation strikes. It is unclear if the reported proofs were Closed 3 or Open 3 coins, or perhaps a combination. Bowers and Winter suggest additional proofs were struck later in the year, as evidenced by a rusted die state of the Open 3 coin. Others have suggested that some coins are restrikes of later years. Despite a lack of Mint documentation, circulation strikes are also known, all showing the Closed 3 logotype.

    The rarity of the proof 1873 issue is not always fully appreciated. Since our Permanent Auction Archives began in 1993, we have handled an 1873 proof on only eight occasions, including reappearances of individual pieces. This is the only Open 3 proof that we have handled in more than a decade, and we have not seen a Closed 3 proof since 2011. This PR62 Open 3 coin is sharp and deeply mirrored in the fields. Hairlines on each side limit the grade but none are particularly bothersome. Eye appeal is outstanding for the PR62 level, although the sheer rarity of this coin is its primary appeal. Population: 4 in 62, 8 finer (3/19).
    From The Chinook Collection. (Registry values: P5) (NGC ID# 28AF, PCGS# 8037)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Chinook Collection ]

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    Auction Info

    Proxy Bidding Ends
    April
    25th Thursday 6:50 pm CT
    Auction Dates
    April
    25th-28th Thursday-Sunday
    Proxy Bidding Time Remaining
    7 Days 8h
    Bids + Registered Phone Bidders: 12
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    This lot is in: 2 - Signature® Floor Session Platinum Night (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live):
    (Lots 3662-3989) - 7:00 PM Central Time, Thursday, April 25, 2019.
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    Additional Location Info:
    Renaissance Schaumburg Convention Center Hotel
    1551 North Thoreau Drive
    Schaumburg, IL 60173

    Current Bid:
    $7,000
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