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1888 $3 MS66 PCGS....
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Sold on Jan 7, 2010 for:
$23,000.00
Bid Source: Internet bidder
Description
1888 Three Dollar Gold Piece, MS66
Coruscating Mint Luster and Rich Color
1888 $3 MS66 PCGS. A small business-strike mintage of just
5,000 pieces was produced by the Philadelphia Mint in 1888.
Surprisingly the issue is readily available today. Q. David Bowers
estimates a surviving population of 550-750 examples in all grades,
which correlates well with current population data. The high
survival rate may be due to 19th century dealer J.W. Scott, who
purchased a large group of coins from the Mint and distributed them
to collectors in the normal course of business. Scott's hoard may
have amounted to several hundred pieces, as he had them readily
available for years after 1888.The present coin is an attractive specimen, with a sharp, but not quite full strike. The surfaces have coruscating, thick mint frost, and the pristine fields, particularly on the reverse, have a semiprooflike quality. A lovely intermixture of rose and lilac shades on the reverse is matched by the even, reddish tones on the obverse. There are no observable abrasions to limit the grade. Population: 30 in 66, 2 finer (11/09).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 25NB, PCGS# 8010, GSID# 8659)
Metal: 90% Gold, 10% Copper
Weight: 5.02 grams
AGW: 0.14511oz
Mintage: 5,000
Auction Info
2010 January Orlando, FL FUN US Coin Auction #1136 (go to Auction Home page)
Auction Dates
January, 2010
6th-10th
Wednesday-Sunday
Bids + Registered Phone Bidders: 6
Lot Tracking Activity: N/A
Page Views: 1,087
Buyer's Premium per Lot:
15% of the successful bid per lot.
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