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1885 $3 PR66 Cameo NGC....

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Sold on Jan 7, 2015 for:
$37,600.00 Bid Source: Internet bidder
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Description

1885 Three Dollar Gold, PR66 Cameo
Stellar, Deeply Mirrored Proof

1885 $3 PR66 Cameo NGC. Proof three dollar gold piece mintages began increasing after 1880, and 109 examples were produced in 1885. This is still a paltry mintage compared to later dates in the series, but the 1885 stands as one of the more readily obtainable proof issues overall, ideal for the collector seeking a single representative of this popular type. It is believed that up to 70 or 80 examples survive in all grades, or about 70 percent of the original mintage. The NGC and PCGS combined certified population of 137 pieces -- far more than were actually struck -- is drastically inflated by resubmissions.

The business strike issue of this year also had a low mintage of just 801 pieces, most of which are deeply prooflike and are sometimes mistaken for proofs. The proofs, however, can be easily differentiated by recutting on the 3 on the reverse. This piece, therefore, is confirmed to be a proof. Beautiful, deep mirrors provide pronounced backlighting for the razor-sharp, frosty devices. Warm honey-gold patina blankets both sides, yielding a few deeper, coppery hues periodically in the fields. Field-device contrast is pleasing, and the overall appeal is remarkable. NGC has certified only four Cameos in PR66 (1 in PR66 ★ ), with just four PR67 examples numerically finer (11/14).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 28AU, PCGS# 88049, Greysheet# 8764)

Weight: 5.02 grams

Metal: 90% Gold, 10% Copper

View Certification Details from NGC

Auction Info

2015 January 7 - 12 FUN US Coins Signature Auction - Orlando #1216 (go to Auction Home page)
Auction Dates
January, 2015
7th-12th Wednesday-Monday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,118

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Jan 7, 2015 for: $37,600.00
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