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Description

1888 Three Dollar Gold , PR63 Cameo
291 Pieces Struck, Many Not Distributed

1888 $3 PR63 Cameo PCGS. The Guide Book lists a mintage figure of 291 pieces for the 1888 proof three dollar gold piece, but the issue is more difficult to locate than that generous total suggests. Perhaps a larger-than-average number of coins went unsold and were melted after the end of the year. Only 5,000 business-strike examples were produced in 1888, as the coins were not needed in the national economy, and the denomination was discontinued after the following year.

The present coin is a delightful Select specimen with well-detailed design elements that show just a touch of softness on the wreath. The frosty devices stand out boldly against the reflective fields with a pleasing cameo appearance. The lemon-yellow surfaces show a few minor hairlines and contact marks, none worthy of individual mention. Population: 7 in 63 Cameo, 16 finer (7/13).
From The Searight Collection.(Registry values: N4719) (NGC ID# 28AX, PCGS# 88052)


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Auction Dates
September, 2013
25th-29th Wednesday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 527

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Due completely to Heritage's thoroughly diligent and professional management and promotion of the collection, the faraday Collection stirred national attention among numismatists and the auction results brought a gross value greater than that last estimated by the experienced collector.
The Estate of David M. Faraday ,
San Rafael, CA
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