1877 $3 PR65 Deep Cameo PCGS. CAC. JD-1, High R.6. ...

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1877 Three Dollar Gold, PR65 Deep Cameo
Rare 19th Century Gold Proof Issue
Only 20 Examples Struck

1877 $3 PR65 Deep Cameo PCGS. CAC. JD-1, High R.6. Ex: Bender Collection. The 1877 proof three dollar gold piece claims a minuscule mintage of just 20 pieces, and the circulation-strike production totaled only 1,468 examples, making the issue rare in both formats today. The proofs were delivered in two batches of 10 coins each, the first on February 24, and the second on May 31. The obverse proof die shows a large rust lump in Liberty's hair and a die line on the nose, and the reverse shows the date positioned lower than the date on the business-strike die. These diagnostics make it easy to distinguish between proofs and prooflike business strikes. The obverse die was used to strike all the proofs from 1877 through 1880, but this was the only use of the reverse die. John Dannreuther estimates the surviving proof population at 12-14 examples in all grades.

This spectacular Gem exhibits sharply detailed, frosty design elements and deeply mirrored fields, with profound field/device contrast. The well-preserved orange-gold surfaces show some areas with the orange-peel texture that is often observed on proofs of this era. Overall eye appeal is outstanding for this elusive 19th century gold proof. The high quality within the grade is confirmed by CAC. From Tom Bender's #1 All-Time and #1 Current PCGS Registry Sets in the Three Dollar Gold Basic Set, Proof (1854-1889) category. This coin is pictured on PCGS CoinFacts. Population: 1 in 65 Deep Cameo, 3 finer. CAC: 1 in 65, 2 finer (11/23).
Ex: Kupersmith Once in a Lifetime Collection; Baltimore Auction (Bowers and Merena, 11/2010), lot 5019, realized $64,400; Tom Bender Collection / FUN Signature (Heritage, 1/2023), lot 3410, where it brought $102,000.(Registry values: P4)

Coin Index Numbers: (NGC ID# 28AK, PCGS# 98041, Greysheet# 8741)

Weight: 5.02 grams

Metal: 90% Gold, 10% Copper

View Certification Details from PCGS