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    Description

    Extremely Rare Open 3 1873 Three Dollar, PR65 Deep Cameo

    1873 $3 Open 3 PR65 Deep Cameo PCGS. The 1996 Early Spring ANA Sale offered an Open 3 proof 1873 three dollar, and part of the write-up for that lot contained the following explanatory notes regarding this enigmatic issue: "The 1873 Open 3 proof is one of the rarest and least understood of all U.S. gold coins. It has long been believed that originals and restrikes exist of the Open 3 coins, and that all Open 3s were produced later in the calendar year than the Closed 3 pieces. However, it is now generally understood that both Open and Closed 3 pieces were minted in 1873, making the terms "original" and "restrike" meaningless, as restrikes by definition must be struck at some time after the official year of issuance. There are two variants of Open 3 three dollars. One shows a die scratch from the F in OF to the rim (formerly termed "original" and the die state from which this coin was struck). The other shows a much fainter die scratch, the first S in STATES is filled, and there is evidence of die rust on the reverse."
    It is believed that somewhere between 10 and 14 examples exist today of both types of Open 3 proofs. That would make the Open 3 the second rarest three dollar, second only to the unique 1870-S. This so-called "original" striking is deeply reflective in the fields and the devices display thick mint frost that yields a strong cameo contrast on each side. Magnification reveals that this coin was struck from a planchet that shows microscopic evidence of planchet flaking, and there are very light, small, reddish spots on each side that are probably a result of improper mixture of the gold/copper alloy. A very pleasing, problem-free example of this extremely rare three dollar gold piece. (PCGS# 98037)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper


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

    Auction Info

    Auction Dates
    July, 2003
    26th-28th Saturday-Monday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 445

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