LOT #98114 |
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1870 3CN MS66 PCGS....
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Sold on May 12, 2015 for:
$1,795.40
Bid Source: Internet bidder
Description
1870 Three Cent Nickel, MS66
One Marginally Finer at PCGS
1870 3CN MS66 PCGS. A blush of warm golden toning accents
frosty luster on each side of this Premium Gem example. Some of the
outer wreath leaves are weakly defined due to die wear, but the
central motifs on both sides are sharp.Population Data (3/15): PCGS reports 17 in MS66 (one MS66+) with none numerically finer. NGC records 10 in this grade with two MS67 finer.
Heritage Commentary: Production of nickel three cent pieces was substantial in the first few years of the type, as it was widely distributed throughout commerce as a replacement not only for its smaller silver counterpart -- which had been actively hoarded during the Civil War -- but also for the numerous fractional currencies then in use as a substitute for commercially absent coins. However, by 1870, the need for large quantities of the denomination had been largely supplied, and only a little more than 1.3 million pieces were struck. High-end survivors of this issue are notably scarce.
Provenance: Purchased from Pinnacle Rarities (9/2013).(Registry values: N1793)
Coin Index Numbers: (NGC ID# 22NM, PCGS# 3736, GSID# 2772)
Metal: 75% Copper, 25% Nickel
Weight: 1.94 grams
Weight: 0.05132oz
Mintage: 1,335,000
Auction Info
2015 May 12 The Eugene H. Gardner Collection III US Coins Signature Auction - New York #1228 (go to Auction Home page)
Auction Dates
May, 2015
12th
Tuesday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 633
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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