1877 $3 MS (PCGS#7999)
August 2019 ANA U.S. Coins Auction Rosemont, IL
- 拍卖行
- Stack's Bowers
- 批号
- 5307
- 等级
- MS63
- 价格
- 321,868
- 详细说明
- Remarkable Choice Uncirculated 1877 Three-Dollar Gold
Only Two Graded Finer by PCGS
1877 Three-Dollar Gold Piece. MS-63 (PCGS).
This is an extraordinary example of a key date three-dollar gold issue. Vivid golden-orange patina blankets surfaces that are decidedly prooflike in finish. The fields are deeply reflective and form a splendid backdrop to devices that are both sharply struck and softly frosted in texture. Pleasingly smooth for the assigned grade with strong eye appeal and awesome numismatic rarity.
In an series replete with unsung rarities, the 1877 has a particularly strong reputation among today's astute gold collectors. The mintage for this date is a mere 1,468 circulation strikes, and far fewer examples were saved than for many of the low mintage entries in this series from the 1880s. With fewer coins available from the start, the 1877 was also saved to a lesser extent than issues such as the 1864, 1866 and 1870, all of which are underrated three-dollar gold rarities in their own right. The work of numismatic dealers such as Thomas L. Elder during the early 20th century retrieved fewer than 125 (if not 100) lightly circulated coins from bank and bullion dealer reserves, coins that are graded EF and AU by today's standards. Mint State coins, as here, are the stuff of legend with Q. David Bowers and Douglas Winter (2005) accounting for just seven to 11 different examples. Third party certification data suggests only a slightly higher total, if we discount for the seemingly inevitable resubmissions. As one of the rarest and most significant circulation strike three-dollar gold pieces that we have ever offered, this beautiful 1877 would do justice to the finest cabinet.
Provenance: From the Maurice Snow Collection. Acquired from Manfra, Tordella & Brookes, date not recorded.
PCGS Population: just 1; 2 finer (MS-64+ finest).
PCGS# 7999. NGC ID: 25MY.
Click here for certification details from PCGS.
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