1874 $3, CAM PR(PCGS#88038)

August 2019 ANA U.S. Coins Auction Rosemont, IL

拍卖行

Stack's Bowers

批号

5304

等级

PR66CAM

价格

762,319

详细说明

Lovely Gem Proof 1874 Three-Dollar Gold Mintage of Just 20 Proofs 1874 Three-Dollar Gold Piece. JD-1, the only known dies. Rarity-6+. Proof-66 Cameo (PCGS). CAC. A dreamy specimen, both sides are veiled in blended medium rose, pale pink and golden-orange patina. The fields are deeply mirrored and form a splendid backdrop to satiny, smartly impressed devices. Silky smooth in texture, and nearly pristine, this coin will please even the most discerning gold collector. The 1874 three-dollar gold piece is a highly prized rarity in Proof format, with a reported mintage of just 20 specimens, all of which were struck from the same obverse die as the 1873 Open 3 three-dollar gold Proofs. Some numismatists have doubted the figure of 20 coins struck for the Proof 1874, as the combined number of grading eventsat PCGS and NGC (26, as of this writing) suggests a slightly higher mintage. It is highly likely that several resubmissions are included in the PCGS and NGC totals, but it is also possible that a small number of restrike Proof 1874 threes were produced. This practice was widespread at the Mint during A. Loudon Snowden's tenure as chief coiner from 1866 through 1876 and, later, as superintendent of the Philadelphia Mint from 1879 to June 1885. If restrikes of this issue were produced, their numbers must have been extremely limited since survivors of this issue are rare and number only 12 to 14 coins. This is John W. Dannreuther's estimate (2018), and it is a far more realistic indicator of the elusiveness of this issue than the 26 grading eventsreported at PCGS and NGC. All known survivors were struck from the same die state. We are immensely pleased to offer this splendid Gem Proof 1874 three for your consideration, not only because it is a beautiful coin with exquisite eye appeal, but also because it is a significant absolute and condition rarity. Ranking among the finest known to PCGS, it is also the only Proof-66 of the issue in any category to have received a coveted CAC sticker. Provenance: From the Ely Collection; W. Elliot Woodward, September 5, 1883; our (Bowers and Ruddy) sale of the Garret Collection, November 1979, lot 425. PCGS Population: just 1; 0 finer in this category. CAC Population: just 1 in Proof-66 in all categories; 0. PCGS# 88038. NGC ID: 28AG. Click here for certification details from PCGS.