Description

    1883 Three Dollar, Semiprooflike MS64
    Low Mintage of Only 900 Pieces

    1883 $3 MS64 PCGS. The present-day scarcity of the 1883 three dollar gold, as with so many other issues in the series, starts with a meager mintage, in this case a sub-1,000 coinage of 900 pieces. Only two circulation strikes within the series, the 1881 and 1885 at 500 and 801 coins, respectively, saw lower productions. The estimates of survivors put forth by Bowers and PCGS CoinFacts vary wildly: Bowers says 175 to 235 in his series reference, while PCGS claims 650. At any rate, Gems are seldom seen and rare, with just 14 in the combined certified population (6/12). The fields on this Choice coin show the typical shimmering prooflike quality of such a low-mintage issue, intermixed with a slight cartwheel effect. The color is a deep, even orange-gold. A few small surface marks explain the grade but are unbothersome. A single small alloy spot appears on the lower reverse between the bowknot and the denticles.(Registry values: N4719) (NGC ID# 25N6, PCGS# 8005)

    Weight: 5.02 grams

    Metal: 90% Gold, 10% Copper


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    Auction Info

    Auction Dates
    Nov-Dec, 2012
    29th-2nd Thursday-Sunday
    Bids + Registered Phone Bidders: 3
    Lot Tracking Activity: N/A
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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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