1873 $3 Closed 3, PL MS(PCGS#87995)

The Regency Auction 52

拍卖行

Legend Rare Coin Auctions

批号

221

等级

MS63PL

价格

435,127

详细说明

FROM THE OAK COLLECTION This is the RAREST of the business strike $3 gold pieces in the series. No mint records even exist for the coinage of business strike 1873 $3 gold pieces, and records show that only 25 Proofs were struck. Scholars believe that the mintage is somewhere around 1,000 pieces, similar to the 1871 and 1872. The Bowers-Winter reference on the series suggests that 600-700 were struck; Jeff Garrett and Ron Guth just say unknown; PCGS CoinFacts states 100; and the late David Akers wrote: "Based on the number of specimens that I have seen and on the number of auction records in comparison to some of the other low mintage dates in the series, I would estimate that at least 200 or 300 pieces were minted, possibly more." We feel the PCGS CoinFacts mintage figure is incorrect, as they estimate a total of 187 survive in all grades. There is also some controversy regarding originals and restrikes. It is thought that the closed 3 type are originals and the open 3 variety (known only in Proof), are the restrikes. Since the mintage was tiny, most known examples are at least partially Prooflike. PCGS only recently began certifying non-Morgan dollars as PL, and this one is a NO BRAINER! On first glance, you might confuse the deeply mirrored reflective surfaces for a Proof, but the surfaces of the Proof strikes are very distinct and so this coin is NOT a Proof. The luster is fabulously brilliant and flashy! The devices show a nearly a full strike, with a thickly frosted texture that creates a nearly CAMEO-like contrast between the fields and devices. There are some very minor traces of contact visible in the fields, their impact minimal and the fragile nature of the fully Prooflike fields exaggerate them. The eye appeal is AMAZING! PCGS 2, NGC 1, CAC 1. This is the FINEST CAC approved Mint State 1873 Closed 3.The current PCGS Price Guide value is listed at $60,000. There are NONE FINER in the PL designation and there are only two numerically finer at PCGS. This coin should bring a world record price when the hammer falls. Good luck! Cert. Number 39609073 PCGS # 87995