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1887 $3 PR67 Deep Cameo PCGS. JD-1, R.4....
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Sold on Apr 23, 2021 for:
$63,092.40
Bid Source: Internet bidder
Description
1887 Three Dollar, PR67 Deep Cameo
Unusual Proof Struck in Medallic Turn
Sole Finest at PCGS
1887 $3 PR67 Deep Cameo PCGS. JD-1, R.4. Ex: Simpson. While
lesser 1887 three dollar proofs are somewhat available from an
estimated 90 to 110 known survivors, a small number of 1887 proofs
are recognized as error proof gold issues and highly sought as
such. Only a few proofs were erroneously struck with medal
alignment instead of the normal "coin turn." The Mint soon
identified the mistake, then compounded its error by sending the
misstruck coins back through the proofing press, where they were
given at least one more impression in regular coin alignment.
Ghostlike remnants of the initial strike remain on a handful of
proof 1887 threes as a result.An even smaller number of proofs escaped the ill-advised remedy and display the medal alignment, of which this splendid Deep Cameo example is tied for the finest certified. While the error is not identified on the PCGS holder, Bob Simpson surely was aware of the anomaly and added this beautiful proof to his collection. It is a virtually flawless Superb Gem Deep Cameo proof. We note three small, Mint-made planchet flakes on Liberty's portrait that pedigree the piece. The strike is razor-sharp, while canary-gold color glistens from the finely textured, deeply mirrored surfaces. Population: 2 in 67 Deep Cameo, 0 finer (3/21).(Registry values: P1)
Coin Index Numbers: (NGC ID# 28AW, PCGS# 98051, Greysheet# 8771)
Weight: 5.02 grams
Metal: 90% Gold, 10% Copper
View all of [Important Selections from The Bob R. Simpson Collection, Part V ]
Auction Info
2021 April 22 - 25 Central States US Coins Signature Auction #1329 (go to Auction Home page)
Auction Dates
April, 2021
22nd-25th
Thursday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 917
Buyer's Premium per Lot:
20% of the successful bid per lot.
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