1856 3CS MS66+ PCGS Secure. CAC....

Click the image to load the highest resolution version.

Sold on Jan 7, 2016 for:

$9,400.00 Bid Source: Internet bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

1856 Three Cent Silver, MS66+
Merely One Coin Finer at Both Services

1856 3CS MS66+ PCGS Secure. CAC. Ex: Simpson. Three cent silver production jumped from 139,000 coins in 1855 to 1.4 million in 1856. What prompted the increase? Heightened commercial demand is a possibility, but an unlikely one. The market was already burdened by an excess of fractional silver coinage, and the three cent silver pieces were only legal tender up to 30 cents. The exact reason remains unknown and requires further research. For certain, the 1856 is one of the more available dates among Type Two issues. It becomes surprisingly elusive, however, in high grade. Gems are rare, and Premium Gems extremely so. There is a single MS67 grading event between the two leading services, meaning this Plus-designated example is the next best option for the Registry builder. The surfaces showcase cream-gray patina that includes accents of tan-gold, powder-blue, and lilac. The motifs are typically struck with marginal softness around each side. Faint clash marks occur within the shield lines and the star. Nearly unsurpassed quality. Population: 5 in 66 (2 in 66+), 1 finer (11/15).
Selections from The Bob R. Simpson Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 22Z5, PCGS# 3672, Greysheet# 3623)

Weight: 0.75 grams

Metal: 90% Silver, 10% Copper

View all of [Selections from the Bob R. Simpson Collection ]

View Certification Details from PCGS