1881 $3 PR63 PCGS. CAC....

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1881 Three Dollar, PR63
Green Label Holder, Green CAC
Only 54 Proofs Struck

1881 $3 PR63 PCGS. CAC. The 1881 three dollar gold piece is famous for having the lowest circulation strike mintage of the series (500 coins), but it is also sought-after in proof format. The Mint reported only 54 proofs struck, primarily in the first quarter of the calendar year. It is believed that all were eventually sold, as the survivorship is at least 40 pieces according to most estimates. The combined PCGS and NGC certified populations total 76 coins, an artificially inflated figure influenced by resubmissions and upgrades. More informative is the appearance rate of this issue at auction. Since 1993, we have handled a proof 1881 three dollar piece on only 21 occasions, including reappearances of some pieces. The Select example offered here is the finer of just two non-Cameos endorsed by CAC.

The green label holder does not award this piece a Cameo designation, although appreciable contrast is evident on both sides. The strike is sharp, and the eye appeal surpasses expectations for the grade. Population: 8 in 63, 22 finer. CAC: 1 in 63, 0 finer (10/18).
From The HBC Collection. (Registry values: P1)

Coin Index Numbers: (NGC ID# 28AP, PCGS# 8045, GSID# 8751)

Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 54

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